Risk and Resilience: Page 59
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Report: Trade war uncertainty could drain $585B from global GDP
For procurement managers, there is increasing pressure to cut costs as firms brace for an economic slowdown.
By Morgan Forde • Aug. 22, 2019 -
Kohl's 12-quarter inventory reduction streak ends
As new tariffs encourage inventory pull-forward and fulfillment commitments for e-commerce orders speed up, retailers have had to rethink where to store inventory and what healthy stock levels look like.
By Emma Cosgrove • Aug. 21, 2019 -
Explore the Trendlineâž”
Mario Tama via Getty ImagesTrendlineTop 5 stories from Supply Chain Dive
Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.
By Supply Chain Dive staff -
Del Monte to lay off 844 workers, close plants in major supply chain shift
The company said its new "asset-light strategy will lead to more efficient and lower cost operations."
By Jessi Devenyns • Aug. 21, 2019 -
Happy Returns launches cardboard-free returns program
The brand announced it will aggregate and ship consumer returns in reusable totes, eliminating cardboard waste and reducing the environmental impact of individual return shipments.
By Morgan Forde • Aug. 20, 2019 -
Retrieved from Asos on March 27, 2018
Asos intervenes when supplier cuts off wages, water, food to workers
Working with a local labor union and the Mauritian government, Asos facilitated wage payouts after the factory stopped paying workers months before liquidation.
By Emma Cosgrove • Aug. 19, 2019 -
John Deere cuts cost with no trade resolution in sight
The company will look to differentiate investments, improve organizational efficiency and possibly decrease its operational footprint by $25 million in Q4.
By Emma Cosgrove • Aug. 19, 2019 -
AAFA: 77% of apparel, footwear imports to face tariffs Sept. 1
Although tariffs on some clothing and footwear are delayed until Dec. 15, the majority will still face duties at the beginning of next month.
By Shefali Kapadia • Aug. 16, 2019 -
UK plans for express medical products shipping service ahead of Brexit
The announcement of the shipping service comes as the government, led by Prime Minister Boris Johnson, steps up no-deal scenario preparations and downplays risks.
By Nick Paul Taylor • Aug. 16, 2019 -
Kraft Heinz's comeback begins after months of procurement scandal
A bonus structure that rewarded cost-cutting above all else and insufficient review of supplier contracts led to years of procurement misconduct. A new CEO is charged with the turnaround.
By Emma Cosgrove • Aug. 15, 2019 -
Retrieved from Walmart on April 25, 2019
Will Walmart raise prices to mitigate tariffs?
The CFO warned in May tariffs would lead to price hikes, but analysts say Walmart has enough volume in its supply chain to keep consumers insulated from tariffs.
By Emma Cosgrove • Aug. 15, 2019 -
By Michael Rivera - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=31767355
Advance Auto Parts mitigates tariff impact through supplier collaboration, price hikes
The auto parts retailer's CFO highlighted how, even though gross profit margin declined in Q2, advanced preparation and reliance of in-house inventory will help it weather the storm.
By Andy Burt • Aug. 14, 2019 -
USTR: 10% tariffs on 'certain' clothing, electronics from China delayed to Dec. 15
Chinese imports not included on USTR's forthcoming list will still face 10% duties on Sept. 1, as President Donald Trump announced earlier this month.
By Shefali Kapadia • Updated Aug. 13, 2019 -
Tyson shifts production after plant fire to 'keep supply chain full'
A dip in processing capacity will likely manifest in a depleted and pricier spot market for beef, according to consultants.
By Emma Cosgrove • Aug. 13, 2019 -
Maker of Saucony, Keds ups inventory 30% ahead of September tariffs
CEO Blake Krueger said it is too early to determine what the impact will be on 2020 consumer pricing, as the company is holding its mitigation strategies until tariffs take effect.
By Emma Cosgrove • Aug. 13, 2019 -
Hong Kong airport faces 2nd day of disruption
The airport suspended all passenger check-ins Tuesday as the result of ongoing protests in the city and airport terminals.
By Shefali Kapadia • Updated Aug. 13, 2019 -
Retrieved from Walmart on August 09, 2019
4 ways to monitor the cold chain inside the warehouse
The grocery and food sectors are leading in the adoption of cold chain monitoring, but companies must balance the cost of new technology with ROI, especially for low margin products like produce.
By Matt Leonard • Aug. 9, 2019 -
How goods stolen from Amazon ended up sold on Amazon.com
The Amazon seller accounts associated with a Seattle-based theft operation sold approximately $10 million in goods on Amazon.com in the last six years.
By Emma Cosgrove • Aug. 8, 2019 -
Groendyke Transport's 'inflexible leave policy' application violated disability discrimination laws, EEOC says
The lawsuit is just the latest example of the fight between carriers and the labor they hire as drivers seek better treatment and benefits.
By Lisa Burden , Matt Leonard • Aug. 8, 2019 -
S&P: 10% list 4 tariffs more damaging than previous 3
Technology firms are particularly at risk, as funds directed to moving global supply chains lead to less money available to invest in R&D.
By Morgan Forde • Aug. 8, 2019 -
Google pledges carbon-neutral shipping by 2020
A shift from air freight to ocean shipping for many of the tech giant's hardware products has already brought per-unit emissions down by 40% between 2017 and 2018.
By Morgan Forde • Aug. 5, 2019 -
Tariff whiplash is already taking a toll on retail
Retailers and brands have been scrambling to source elsewhere besides China, but it's not easy, quick or even possible for everyone.
By Ben Unglesbee • Aug. 5, 2019 -
10% China tariffs and the supply chain scramble
The tariffs will come as importers ramp up shipments for peak season, creating the potential to disrupt global supply chains and trade flows for the remainder of the year.
By Shefali Kapadia • Aug. 2, 2019 -
Taco Bell blames supplier for the great tortilla shortage of 2019
After a nine-day lapse in supply at some locations that led one customer to call 911, Yum Brands' CEO said the company has spoken to its supplier and hopes to avoid similar situations in the future.
By Matt Leonard • Aug. 2, 2019 -
Sustainable sourcing at scale: H&M's approach
Alternative fibers are challenging to produce and procure at scale. A shift from mass market consumption to a craft model with enhanced visibility may be the solution.
By Deborah Abrams Kaplan • Aug. 1, 2019 -
Watchdog finds fraud ring sent fake RFQs, orders to federal tech vendors
The fraudsters impersonated procurement officials to receive hundreds of thousands of dollars in electronics and sell them on the black market without ever paying the vendor, according to an inspector general report.
By Matt Leonard • Aug. 1, 2019