Procurement: Page 27
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Why automakers are fretting over four words in the Inflation Reduction Act
A prohibition on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.
By Kate Magill • June 15, 2023 -
Sean Gallup via Getty Images
Pork prices weaken on excess supply, fueling concerns amid Prop 12 uncertainty
Packers like Hormel Foods and Tyson Foods have reported sales declines, citing inflation and soft demand.
By Nathan Owens • June 15, 2023 -
Explore the Trendline➔
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TrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Daphne Howland/Supply Chain Dive
Walmart suppliers reach 75% of emissions goal
Project Gigaton, which seeks to reduce the retailer’s indirect climate footprint, has helped eliminate or avoid 750 million metric tons of carbon emissions.
By Ben Unglesbee • June 13, 2023 -
Bill Pugliano via Getty Images
GM signs steel deal with ArcelorMittal North America
The steelmaker will supply the auto company with material containing at least 70% scrap.
By Kate Magill • June 12, 2023 -
Permission granted by Express Employment Professionals
Sponsored by Express Employment ProfessionalsFacing a skills gap, employers prefer to reskill current employees on company dime
With qualified skilled trades workers proving harder to find, companies are turning to reskilling.
June 12, 2023 -
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Incora’s bankruptcy sends a warning signal to aerospace supply chains
The supplier and service provider took on heavy costs and lost profit as shipment delays in the industry spiraled.
By Ben Unglesbee • June 9, 2023 -
Courtesy of Intel
Intel crushed its supplier diversity targets 8 years early. Here’s how
The tech company met a goal on spending with diverse vendors eight years ahead of schedule. “We have a playbook,” says its VP of global supply chain operations.
By Ben Unglesbee • June 8, 2023 -
Daphne Howland/Supply Chain Dive
Macy’s doubles down on inventory discipline as demand falters
Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.
By Ben Unglesbee • June 8, 2023 -
Bill Pugliano via Getty Images
GM invests over $1B to boost EV battery production
The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.
By Eric Walz • June 8, 2023 -
SweetBunFactory/iStock via Getty Images
Pharmaceutical supply chains raise data concerns as traceability law nears final step
Companies have had ten years to comply with the Drug Supply Chain Security Act, but some fear the industry is not ready for the Nov. 27 deadline.
By Deborah Abrams Kaplan • June 7, 2023 -
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How Nike, McCormick and others are taking on supply chain emissions
Collaborating with suppliers to reduce Scope 3 footprints was a common theme at the Economist Impact’s Sustainability Week U.S. conference.
By Ben Unglesbee • June 7, 2023 -
Justin Sullivan via Getty Images
Hormel makes progress on trimming bloated inventory
The company pulled back on manufacturing in areas where supply outpaced demand and worked to improve its supply planning processes.
By Kate Magill • June 6, 2023 -
Courtesy of Allina Health
How Allina Health is rethinking supply chain spend
The hospital operator is deploying supply chain staff to the front lines, using group purchasing for diversity, and building data transparency.
By Deborah Abrams Kaplan • June 5, 2023 -
David McNew via Getty Images
Column5 ways to drive sustainability in procurement
The majority of a company’s emissions stems from their suppliers. Here’s how to work with them toward a greener future.
By Praveen Kumar Soni • June 2, 2023 -
Retrieved from Coupa.com on June 01, 2023
Coupa lays off workers as it resets strategy
The procurement software vendor will also close underutilized offices.
By Kelly Stroh • June 1, 2023 -
Courtesy of Big Lots
Big Lots pursues creative sourcing to lessen product shortages
The retailer expects to fully overcome the shuttering of its largest supplier by the end of Q2.
By Kelly Stroh • June 1, 2023 -
Courtesy of Mustang Ice White Appearance Package
Ford inks long-term lithium supply contracts
The automaker announced deals lasting through at least 2034 in three different countries.
By Kelly Stroh • May 30, 2023 -
Courtesy of Kohl’s
Kohl’s inventory down 6% as it makes way to chase merchandise
Executives say they feel good about current levels as they clear space and budget for newer goods.
By Ben Unglesbee • May 30, 2023 -
Courtesy of Nike
Nike CFO takes on procurement oversight
Matthew Friend, who joined the brand in 2009, will have responsibility over a massive supply operation that sources from hundreds of factories around the globe.
By Ben Unglesbee • May 26, 2023 -
Permission granted by National Wooden Pallet and Container Association
Wood vs. plastic: Which pallets are more sustainable?
More pallet companies are marketing their products’ sustainability amid growing attention to ESG practices, fueling the ongoing debate of whether one substrate reigns superior.
By Katie Pyzyk • May 26, 2023 -
Scott Olson via Getty Images
Walmart works with some suppliers to lower prices
The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts.
By Ben Unglesbee • May 25, 2023 -
Drew Angerer/Getty Images via Getty Images
Chanel buys partial stake in cashmere and natural fibers supplier
The stake in Cariaggi strengthens the fashion brand’s supply chain and alleviates sourcing issues.
By Laurel Deppen • May 25, 2023 -
Eric Thayer via Getty Images
Apple strikes multibillion-dollar deal with Broadcom for US-made 5G tech
The mobile and computing giant framed the partnership as part of its commitment to invest $430 billion in the domestic economy.
By Ben Unglesbee • May 24, 2023 -
Brandon Bell/ via Getty Images
Chipotle prepares national rollout of RFID for food traceability
The restaurant chain is expanding its use of the technology to track ingredients from suppliers in real-time.
By Sarah Zimmerman • May 23, 2023 -
pawopa3336 via Getty Images
Major tea companies linked to human rights abuses, report says
Unilever, Starbucks and others said they are working to enhance supply chain transparency.
By Chris Casey • May 22, 2023
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