Risk and Resilience: Page 66
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Cargo thefts expected to spike Memorial Day weekend
The uptick in theft is due in part to the increased number of shipments left inadequately secured or unattended for longer periods of time over the holiday.
By Morgan Forde • May 22, 2019 -
Kohl's prepares for diminishing gross margins amid tariff hike
CEO Michelle Gass described the situation as "fluid," encapsulating the near-universal struggle for retailers importing products from China — the lack of certainty in the trade landscape.
By Shefali Kapadia • May 22, 2019 -
Loop's 'waste-free' e-commerce platform launches with P&G, Kroger, Walgreens on board
Circular packaging requires a change in consumer behavior, but perhaps most significant is the operational shift required of Loop's corporate partners, in what executives described as a grand experiment.
By Emma Cosgrove • May 22, 2019 -
The West Coast warehouse market was about to settle down ... then Trump tweeted
Though experts don't expect a rush on warehouse space, limited availability adds drama to a new slew of tariffs that could run into peak season decisions.
By Emma Cosgrove • May 21, 2019 -
Nike, Adidas and others call on Trump to remove footwear from tariff list
In an open letter posted by the Footwear Distributors and Retailers of America, footwear brands called tranche four tariffs "catastrophic" and estimated a $7 billion annual impact on consumers.
By Matt Leonard • May 21, 2019 -
LVMH creates blockchain platform to track luxury goods
The move comes as more consumers turn to resale for authentic, high-end goods at affordable prices.
By Tatiana Walk-Morris • May 20, 2019 -
Report: Blockchain can tackle counterfeits, recoup revenue
Industries particularly susceptible to counterfeit goods will reap the greatest benefit from using blockchain for visibility and authenticity, according to the Boston Consulting Group.
By Matt Leonard • May 16, 2019 -
Tranche 4 shakes up apparel and footwear supply chains after escaping earlier tariffs
China is currently the United States’ largest supplier of textiles and apparel, accounting for nearly 36% of total imports in 2017 according to the World Bank.
By Morgan Forde • May 16, 2019 -
Tranche 4 tariffs by the numbers
"If tariffs are set to 25%, the effect will be dramatic," said A.T. Kearney's Johan Gott.
By Shefali Kapadia • May 16, 2019 -
Chemical suppliers take hits from both sides of the trade war
Chemicals produced in the U.S. suffer from higher cost of materials imported from China and the shrinking Chinese export market due to retaliatory tariffs.
By Emma Cosgrove • May 16, 2019 -
Tech products make up 'more than half' of new $300B tariff list
Experts say technology companies are likely to pass these costs along to the consumer. One analysis said tariffs could raise the price of an iPhone by as much as 14%.
By Matt Leonard • May 15, 2019 -
In US-China tariff poker game, health supply chains stand to lose
Tariffs on medical equipment and supplies, plus duties on imported steel and aluminum, could result in millions of increased costs for the healthcare industry and U.S. patients.
By Barry Hochfelder • May 15, 2019 -
PVH reveals expansive sustainability goals
The fashion conglomerate, which operates brands like Calvin Klein and Tommy Hilfiger, introduced a plan with 15 targets for increased transparency including reducing carbon emissions, landfill waste and eradicating single-use plastics.
By Kaarin Moore • May 14, 2019 -
US formally begins process for tariffs on $300B
The list includes raw materials and finished goods across dozens of industries, touching nearly every U.S. business — and in turn, every consumer.
By Shefali Kapadia • May 14, 2019 -
Trump says 'no rush' to reach a trade deal as 25% tariffs take effect
The president suggested businesses "go to a new source" and repeated a previous threat to add 25% tariffs to another $325 billion of Chinese imports.
By Shefali Kapadia • Updated May 10, 2019 -
Kraft Heinz under investigation related to procurement 'misconduct'
Kraft Heinz's bonus structure incentivized procurement and operations teams to show the highest possible cost savings, according to CNBC citing sources familiar with the matter.
By Emma Cosgrove • May 9, 2019 -
Seeing through the tiers: The importance of visibility in supply chains
Consumers are ramping up the pressure on procurement professionals to provide a view of the whole chain.
By Matt Leonard • May 9, 2019 -
Retrieved from Walmart on May 08, 2019
Walmart says Project Gigaton goals are on track
In its first environmental, social and governance report, the retailer details progress toward its goal of reducing global supply chain emissions by 1 billion metric tons by 2030.
By Matt Leonard • May 8, 2019 -
Beef industry debuts sustainability framework
The plan lays out indicators for individual operations to assess water and land resources, animal and employee safety and well-being, efficiency and yield, and air and greenhouse gas emissions.
By Cathy Siegner • May 8, 2019 -
US Trade Representative confirms 25% tariff hike for Friday
Less than a week's notice on a tariff increase leaves companies with little to no time to adjust their supply chains to mitigate the financial burden.
By Shefali Kapadia • Updated May 8, 2019 -
Impossible Burgers run short as manufacturer 'spares no expense' to double supply
Statements from the company confirm its production capacity and a steep incline in demand has caused the shortage, and sourcing ingredients is not the issue.
By Emma Cosgrove • May 6, 2019 -
Verizon workers protest company's continued work with XPO
The protests follow reports last year of labor issues in XPO warehouses, including six pregnant women who miscarried during their time working with the logistics company.
By Matt Leonard • May 3, 2019 -
Tesla's long-term production pace threatened by mineral shortages
Demand for copper is on the rise now that common smart devices, like responsive thermostats and voice-activated home devices, require the mineral.
By Emma Cosgrove • May 3, 2019 -
4 technologies for a more agile procurement process
For some organizations, agile procurement represents a completely new way of thinking. Technology can help ease the transition.
By Emma Cosgrove • May 2, 2019 -
Mondelez pledges to source all cocoa through its sustainability program by 2025
Currently, 43% of the company's cocoa meets the standards under its Cocoa Life program, which seeks to reduce deforestation and child labor but lacks a commitment to a 100% deforestation-free supply chain.
By Emma Cosgrove • May 2, 2019