Risk and Resilience: Page 12


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    (Justin Sullivan/Getty Images) via Getty Images
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    S&P turns negative on Clorox after cyberattack causes shortages

    As the CPG company recovers from significant operational disruptions, analysts warned rebuilding inventory and distribution could be a lengthy process.

    By Nov. 22, 2023
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    Sean Gallup via Getty Images
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    Procurement leaders are prioritizing ESG, but gathering data is ‘increasingly painstaking’: report

    Along with informational challenges, buyers said that they have difficulty finding sustainable suppliers, according to a recent survey released by Amazon.

    By Zoya Mirza • Nov. 22, 2023
  • Explore the Trendline
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    Justin Sullivan via Getty Images
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    Trendline

    Sustainable supply chains

    Amid pressure from consumers, investors and governments, companies are scrambling to measure and reduce the impact of their supply chains on the world.

    By Supply Chain Dive staff
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    Courtesy of Toyota
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    Toyota, Redwood Materials expand deal to source recycled battery materials

    The automaker is looking to create a circular supply chain that can make use of aging Prius models to help feed its growing electric vehicle production.

    By Nov. 21, 2023
  • A general view of atmosphere at the New York Magazine + Bloomingdale's celebration of the new Mitchell Gold + Bob Williams Shop-in-Shop at Bloomingdale's on March 8, 2018 in New York City.
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    Craig Barritt via Getty Images
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    After months in limbo, some products from bankrupt Mitchell Gold may finally reach customers

    Ryder Last Mile won approval to ship the furniture company’s stored merchandise. End customers would again pay for delivery, but Ryder plans to waive storage fees.

    By Nov. 17, 2023
  • A worker holds a protest sign saying "End Modern Day Slavery Now"
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    Drew Angerer via Getty Images
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    ‘It is everywhere’: Rooting out forced labor from supply chains

    Only half of surveyed procurement executives feel they are making effective progress on modern slavery risks in their sourcing, according to a Gartner report. 

    By Nov. 16, 2023
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    Uriel Sinai via Getty Images
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    Better Cotton platform aims to help brands track sourcing

    Nonprofit Better Cotton's goal is to help fashion and textile brands improve traceability within the material's supply chains.

    By Howard Ruben • Nov. 13, 2023
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    Retrieved from Anagram website on November 09, 2023
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    Party City-owned balloon supplier files for bankruptcy

    Anagram entered Chapter 11 amid uncertainty around the manufacturer’s supply contract with the retailer, which is its corporate parent and largest customer.

    By Nov. 10, 2023
  • An aggregate facility stands in the foreground of dramatic mountains in Alaska.
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    Courtesy of Granite Construction
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    Scientists break ground on sand sourcing traceability

    A research team’s findings, reported in Nature last week, could help support certification programs amid concerns about illicit sourcing from sensitive areas.

    By Nov. 9, 2023
  • Half-pint milk cartons are lined up on a table and students are sitting in the background.
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    John Moore via Getty Images
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    Milk suppliers sour over carton shortage

    Dairy suppliers and others cite Pactiv Evergreen as the supply problem’s source. Competitors are trying to step up production as beverage producers seek help.

    By Katie Pyzyk • Nov. 8, 2023
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    Mario Tama via Getty Images
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    Bunge partners on blockchain tech to trace soy sustainability

    The grain trader will work with one of the world's largest animal feed producers to ensure products sourced from Brazil are free from deforestation.

    By Sarah Zimmerman • Nov. 7, 2023
  • Rite Aid pharmacy store
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    The image by Rick Obst is licensed under CC BY 2.0
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    Rite Aid bankruptcy: Court OKs supply settlement with McKesson

    The initial greenlight keeps pharmaceuticals flowing to the retailer’s stores after the drug distributor threatened earlier to stop shipping.

    By Nov. 3, 2023
  • Offshore wind turbines in the ocean.
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    Christopher Furlong via Getty Images
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    Ørsted cancels two offshore wind projects citing supply chain problems

    The projects off the coast of New Jersey had become financially unworkable due to delays and increased interest rates, the company said.

    By Diana DiGangi • Nov. 3, 2023
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    Shutterstock.com/THEPALMER

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    Apple, Amazon, Nike and others back new push to decarbonize supply chains

    The Clean Energy Procurement Academy uses the expertise of its founding members to help suppliers transition to renewable energy sources.

    By Nov. 2, 2023
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    Stephen Brashear/Getty via Getty Images
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    Boeing confirms cyberattack, global services disrupted

    The incident is impacting elements of the aerospace and defense company's parts and distribution business, said a Boeing spokesperson.

    By Matt Kapko • Nov. 2, 2023
  • A flexible fiber package on a conveyor at a fulfillment center.
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    Permission granted by Amazon
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    Amazon tweaks tech to create first 100% fiber-focused fulfillment center

    Two main technologies are being tested at an Ohio facility to determine how best to transform other facilities to handle only fiber — not plastic — packaging.

    By Katie Pyzyk • Oct. 31, 2023
  • A general view of atmosphere at the New York Magazine + Bloomingdale's celebration of the new Mitchell Gold + Bob Williams Shop-in-Shop at Bloomingdale's on March 8, 2018 in New York City.
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    Craig Barritt via Getty Images
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    Bankrupt Mitchell Gold and Ryder reach deal on undelivered products

    Customers would have to pay the logistics provider to release and deliver goods that in many cases were purchased, with shipping fees, months ago.

    By Oct. 27, 2023
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    Stefan Zaklin via Getty Images
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    ‘It has already begun’: Senate sounds off on climate disruption to supply chains

    With droughts and heat waves affecting crops and shipping routes this year, the budget committee looked at the rising costs extreme weather will have on supply lines.

    By Oct. 26, 2023
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    Justin Sullivan via Getty Images
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    S&P logged over 200 supply chain-related credit actions since 2020

    In a recent report, the ratings agency traced how global volatility and disruptions can ripple into corporate finances.

    By Oct. 26, 2023
  • Display of various Hello Bello products in packages and bottles on a yellow background
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    Courtesy of Hello Bello
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    Hello Bello files for bankruptcy amid supply chain setbacks

    The baby care company — founded by celebrities Kristen Bell and Dax Shepard — struggled with rising manufacturing and shipping costs. 

    By Dani James • Oct. 26, 2023
  • A respiratory therapist checks on a patient at a medical center in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Supply disruptions are delaying surgeries and compromising patient care, survey finds

    A patient safety nonprofit used the findings to call for “long-term, nationally coordinated solutions” to stop persistent shortages.

    By Nick Paul Taylor • Oct. 25, 2023
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    jxfzsy/iStock via Getty Images
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    China moves to limit exports of graphite

    The restriction on the critical mineral came days after the Biden administration restricted semiconductor exports to the country.

    By Oct. 23, 2023
  • President Biden, Japan’s Prime Minister Kishida, and South Korea’s President Yoon meet at the Trilateral Leaders’ Summit on August 18, 2023.
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    Courtesy of U.S. Embassy and Consulates in Japan
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    The US, South Korea and Japan are piloting a supply chain warning system. What does that mean?

    As the U.S. looks to counter China’s dominance in critical mineral supply and processing, it’s leveraging alliances to better share data and resources.

    By Oct. 23, 2023
  • A Rite Aid store location.
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    Courtesy of Amazon
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    Bankrupt Rite Aid cleared to pay $138M it owes suppliers

    The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.

    By Oct. 20, 2023
  • A group of UAW members hold strike signs outside of Ford's Michigan Assembly Plant in Wayne, Michigan.
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    Bill Pugliano via Getty Images
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    The auto supply chain struggled financially for years. Then came the strikes.

    Industry suppliers had risky financial scores and profitability indicators prior to the labor disruption, according to RapidRatings.

    By Oct. 19, 2023
  • Helicopters fly through smoke-tinged air above a city.
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    Amir Levy via Getty Images
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    Israel-Hamas war prompts concerns over global fertilizer supply

    Shipping restrictions and “war risk” surcharges out of a port near Gaza could disrupt potash exports, though prices aren't predicted to spike like after Russia’s invasion of Ukraine.

    By Sarah Zimmerman • Oct. 18, 2023