Procurement: Page 17
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Courtesy of TrusTrace
Traceability platform TrusTrace lands $24M growth investment
The funding will help the company advance its goal of creating “a global network where all value chains are traceable, circular, and fair.”
By Laurel Deppen • Jan. 19, 2024 -
Sayed Hassan via Getty Images
Businesses remain worried about disruption amid geopolitical, sourcing risks: report
Embracing change can mean nearshoring, retooling distribution networks and paying suppliers more for materials, according to AlixPartners.
By Ben Unglesbee • Jan. 18, 2024 -
Explore the Trendline➔
Sean Gallup via Getty Images
TrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
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Red Sea crisis leaves some retailers more exposed than others
Hardline retailers such as Wayfair, Best Buy, Beyond Inc. and RH could be most affected, according a Jefferies analysis.
By Ben Unglesbee • Jan. 18, 2024 -
Peyton Bigora/Supply Chain Dive
Supplier sues UNFI in chargeback spat
Omaha Industries alleges that the grocery distributor withheld over $250,000 from invoice payments to offload its own risk.
By Ben Unglesbee • Jan. 18, 2024 -
Craig Barritt via Getty Images
‘It’s a tough industry out there’: A look at the furniture supply chain’s challenging year
Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.
By Ben Unglesbee • Jan. 17, 2024 -
Scott Olson via Getty Images
Sphera acquires SupplyShift to improve scope 3 tracking capabilities
The deal comes as companies across the globe are facing increased regulatory pressure to report on their scope 3 emissions and carbon footprint.
By Zoya Mirza • Jan. 17, 2024 -
Julie Denesha via Getty Images
Lawsuit claims Spirit AeroSystems allowed widespread product defects
The suit alleges that Spirit overlooked “constant” quality failures by prioritizing production speed over quality.
By Kelly Stroh • Jan. 12, 2024 -
Getty Images via Getty Images
Circularity could reduce dependence on China for rare earths: study
Reuse and recycling could help the U.S. meet up to 40% of its demand for materials critical to the energy transition, according to a new scientific paper.
By Ben Unglesbee • Jan. 12, 2024 -
David Dee Delgado via Getty Images
Extreme weather is 2024’s top supply chain risk: Everstream
Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.
By Ben Unglesbee • Jan. 11, 2024 -
Joe Raedle via Getty Images
Federal program aims to solidify food supply chains
Regional hubs across the country are supporting the growth of local agriculture, tailoring services based on the area of the country and the farmers involved.
By Alexandra Jones • Jan. 11, 2024 -
Sean Rayford via Getty Images
Deep DiveShortages 2024: What supplies are still at risk after years of disruption?
Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.
By Ben Unglesbee • Jan. 10, 2024 -
Michael M. Santiago via Getty Images
Auto suppliers sitting on surplus semiconductors, chip company says
Mobileye said its customers amassed millions of excess units to hedge against shortages and are now working through the inventory.
By Ben Unglesbee • Jan. 9, 2024 -
Courtesy of Beyond Yoga
After Beyond Yoga suppliers stiffed workers, DOL recovers $1.1M in wages, damages
The athleisure brand agreed to update its vendor code of conduct and establish a monitoring program as part of a compliance agreement with the agency.
By Zoya Mirza • Jan. 9, 2024 -
Michelle Rock/Supply Chain Dive, data from Getty Images
CHIPS and Science Act not enough to strengthen the semiconductor industry: CSCMP report
The industry group's recent report stressed the need for more investment to fortify the country's chip supply.
By Kate Magill • Jan. 5, 2024 -
da-kuk via Getty Images
OpinionAI’s transformative role in empowering companies to optimize procurement
Here’s a look at how the technology is making waves in supplier management, predictive analytics and more, from Vroozi's Shaz Khan.
By Shaz Khan • Jan. 4, 2024 -
Courtesy of General Motors
GM plans sourcing shift for EV models no longer eligible for tax credit
The automaker said two minor components were preventing some vehicles from qualifying for a $7,500 purchase incentive.
By Michael Brady • Jan. 4, 2024 -
Scott Olson/Getty Images via Getty Images
Nike pares back supply as demand remains sluggish
The brand is also looking to cut $2 billion in costs through layoffs as well as operational and procurement changes.
By Ben Unglesbee • Jan. 4, 2024 -
Mark Wilson via Getty Images
Biden administration extends China tariff exclusions — again
The exemptions spare hundreds of import categories from added duties started under the Trump administration.
By Ben Unglesbee • Jan. 4, 2024 -
Courtesy of Sommilito Garments Sramik Federation/SGSF
US lawmakers back Bangladesh garment workers’ demand for fair wages
A group of legislators called on the American Apparel & Footwear Association to commit to long-term sourcing relationships and increased purchasing prices.
By Laurel Deppen • Jan. 4, 2024 -
Justin Sullivan via Getty Images
Inside the geographic transformation of supply chains
Lead times, cost pressures and geopolitical risks are just a few reasons why companies are making operational changes.
By Kelly Stroh • Jan. 3, 2024 -
owngarden via Getty Images
Manufacturing ended the year in a lull, but optimism up for 2024: PMI
The industry could enter growth mode as early as March, economists say.
By Kate Magill • Jan. 3, 2024 -
Retrieved from Wolverine Worldwide on December 21, 2023
Wolverine Worldwide appoints chief supply chain officer
In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.
By Laurel Deppen • Dec. 22, 2023 -
Eamonn M. McCormack/Getty Images for SHEIN via Getty Images
‘Mafia-style’: A look at Temu’s latest allegations that Shein has a chokehold on the supply chain
The ultra-fast fashion company accuses its larger rival of being “a glorified label maker” that bullies suppliers into loyalty.
By Ben Unglesbee • Dec. 21, 2023 -
Joerg Koch via Getty Images
Siemens Healthineers sues supplier in spat over $40M defense deal
The medtech company alleges that Western Shelter Systems quit crucial integration work for battle-ready CT scanners, hurting Siemens’ ability to supply the military.
By Ben Unglesbee • Dec. 21, 2023 -
Courtesy of Perdue
Perdue taps former Tyson exec to lead supply chain in newly created role
Gregg Uecker will oversee procurement, production, transportation, warehousing and the meat processor’s other operations as it ramps up cost-savings plans.
By Sarah Zimmerman • Dec. 21, 2023
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