Procurement: Page 2
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Courtesy of Big Lots
Big Lots opens buying offices in China, Vietnam
The retailer said the initiative will create a stronger platform for overseas procurement and generate significant operational cost savings.
By Nate Delesline III • April 2, 2024 -
Smederevac via Getty Images
Manufacturing is ‘highly likely in our next growth cycle’: March PMI
The industry was buoyed by a rise in demand and production rates last month, encouraging manufacturers to invest more in capacity.
By Kate Magill • April 1, 2024 -
Explore the Trendline➔
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TrendlineProcurement
Can relationships between buyers and suppliers evolve fast enough to keep up with the speed of ever-changing supply chain risks?
By Supply Chain Dive staff -
Xavier Arnau via Getty Images
ColumnDon’t underestimate the power of mentors
Individuals across every facet of the supply chain can add value and elevate your career.
By Rich Weissman • April 1, 2024 -
Justin Sullivan via Getty Images
General Mills uses AI, analytics to build a disruption-ready supply chain
The packaged food unit has digitized its end-to-end operations to gain visibility, ramp up productivity and make faster decisions.
By Ben Unglesbee • March 29, 2024 -
iStock / Getty Images Plus via Getty Images
Golden State Foods names first-ever chief procurement officer
Trisha McRoberts joins the C-suite with a mission to optimize cash management and assure supply.
By S.L. Fuller • March 28, 2024 -
Galina Shafran via Getty Images
Procurement platform for post-consumer recycled materials nabs $10.5M in funding
Circular, which connects suppliers of recycled plastics to buyers, plans to expand internationally and introduce other materials to its offering.
By Katie Pyzyk • March 28, 2024 -
Courtesy of Intel.
Intel’s $8B in CHIPS funding should provide suppliers confidence
The chipmaker's hundreds of U.S. suppliers should prepare for "when the taps turn on," according to one expert.
By Kate Magill • March 25, 2024 -
Justin Sullivan via Getty Images
Nestlé launches pair of initiatives to decarbonize cocoa supply chain
The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.
By Zoya Mirza • March 25, 2024 -
Spencer Platt via Getty Images
Starbucks names new chief procurement officer
Heather Ostis will focus on improving supplier performance and building network resiliency.
By S.L. Fuller • March 22, 2024 -
Daphne Howland/Supply Chain Dive
Flexing for the planet: How Walmart crushed its supplier emissions target
The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.
By Ben Unglesbee • March 21, 2024 -
Courtesy of Walmart
Walmart expands supply chain transparency with 3rd milk-processing facility
The new owned-and-operated location will give the retailer control over its bottling and packaging process.
By S.L. Fuller • March 21, 2024 -
Getty Images via Getty Images
Opinion4 best practices for the global supply chain of the future
Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.
By Polly Mitchell-Guthrie • March 20, 2024 -
Stephen Brashear via Getty Images
Boeing to spend $4B plus to fix safety, supply chain woes: CFO
The aerospace company is pushing to lower instances of components being completed outside a production line's typical flow.
By Suman Bhattacharyya • March 20, 2024 -
Courtesy of GE Aerospace.
GE Aerospace to invest $650M in global facilities, US suppliers
The Boeing engine supplier’s spending will include new machines, equipment, building upgrades and improved safety measures.
By Sara Samora • March 20, 2024 -
Daphne Howland/Supply Chain Dive
Macy’s eyes $100M in savings from streamlined supply chain
The company's "Bold New Chapter" will feature automation, distribution center closures, and more.
By S.L. Fuller • March 15, 2024 -
"Gap in Hillcrest Mall" by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0
Gap Inc. gets a lift from retooled sourcing strategy
Falling commodity costs have increased margins, while leaner inventories have helped improve operations and reduced markdowns.
By Ben Unglesbee • March 14, 2024 -
Big Lots makes huge gains in closeout sourcing
The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.
By Ben Unglesbee • March 14, 2024 -
Courtesy of Lithium Americas
Biden administration boosts EV supply chain with $2B lithium loan
The money will go toward constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.
By Kate Magill • March 14, 2024 -
Courtesy of Target
Target deepens bets on supply chain, inventory management
The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.
By Ben Unglesbee • March 13, 2024 -
Kevin Dietsch via Getty Images
How the SEC climate rule will impact manufacturers’ supply chains
Even with scope 3 emissions left out of the new rule, contract manufacturers should be prepared to report emissions data as more states adopt disclosure requirements, experts say.
By Kate Magill • March 12, 2024 -
Getty via Getty Images
Egg and chocolate prices could upend Easter: Wells Fargo
The banking giant said prices of the protein will remain elevated through the holiday as producers work to rebuild their flocks of egg-laying hens.
By Chris Casey • March 12, 2024 -
Courtesy of Bombardier
Bombardier increases supplier support system to 50 members
The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.
By Kelly Stroh • March 11, 2024 -
SweetBunFactory/iStock via Getty Images
3 things to expect from the pharmaceutical supply chain in 2024
Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.
By Deborah Abrams Kaplan • March 11, 2024 -
weiyi zhu via Getty Images
Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs
Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.
By Vincent Ryan • March 8, 2024 -
Spencer Platt via Getty Images
Best Buy’s suppliers help defray costs in choppy electronics market
The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.
By Ben Unglesbee • March 7, 2024
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