Procurement: Page 33


  • Two boxes of Stanley Black & Decker tools on a table.
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    Joe Raedle via Getty Images
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    Stanley Black & Decker cuts nearly 50,000 SKUs as part of transformation plan

    The move comes as the company retools its sourcing strategy to help generate $1.5 billion in savings over the next three years.

    By Nov. 10, 2022
  • A table set for a traditional Thanksgiving dinner.
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    GMVozd via Getty Images
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    Thanksgiving turkeys will cost 23% more this year: Wells Fargo

    Drought and an avian influenza outbreak tightened supply ahead of the holidays.

    By Chris Casey • Nov. 10, 2022
  • Explore the Trendline
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    Sean Gallup via Getty Images
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    Trendline

    Inventory Management

    Read how retailers and brand manufactures are rethinking inventory management.

    By Supply Chain Dive staff
  • Punkin Energy Storage battery storage systems seen at night in Arizona.
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    Courtesy of Arizona Public Service
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    Battery manufacturing to slow despite Inflation Reduction Act boost

    Despite significant investments in building mines, refineries and factories, analysts expect a three-year delay due to material shortages. 

    By Stephen Singer • Nov. 9, 2022
  • Team leaders working on laptop In a warehouse with workers in background.
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    monkeybusinessimages via Getty Images
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    Sponsored by Skill Dynamics

    Breaking the skill-loss cycle in supply chain and procurement

    To maintain supply resilience and continuity, SC&P professionals must be proactive in identifying and preparing for potential disruptions.

    Nov. 7, 2022
  • A photo of GSK employees at a research laboratory.
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    Courtesy of GSK
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    Column

    4 reasons to team up with your suppliers on innovation

    Inventory glut has many businesses turning their attention to innovation. Partnering with vendors can make the process easier.

    By Praveen Kumar Soni • Nov. 3, 2022
  • Rows of Tide detergent bottles on a store shelf
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    Mario Tama via Getty Images
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    P&G to offset rising costs with price increases, productivity initiatives

    The actions come as the CPG prepares to unveil a new procurement and operations plan, dubbed Supply Chain 3.0, later this month.

    By Nov. 2, 2022
  • cocoa
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    Courtesy of Cargill
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    Mondelēz commits additional $600M to cocoa sustainability

    Dirk Van de Put, the snack giant’s CEO, said additional collaboration is needed to have a greater impact on the popular crop and its growers.

    By Christopher Doering • Nov. 2, 2022
  • An optical sorter being used to sort through snap peas.
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    Permission granted by Mann Packing
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    Fresh Del Monte’s vegetable business invests $2.5M in snap pea sorting

    Mann Packing is also expanding its sourcing horizons as it’s set to receive an influx of resources following integration with the produce giant. 

    By Oct. 31, 2022
  • Lithium Mine Processing Plant, Western Australia. Mechanical processing is used to refine lithium spodumene concentrate.
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    jasonbennee via Getty Images
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    Deep Dive

    How the US plans to transform its lithium supply chain

    With just 3.6% of global reserves, access to the critical mineral is vital to the country’s sustainable energy plans.

    By Oct. 27, 2022
  • Stacks of empty aluminum cans sit on a pallet.
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    (Justin Sullivan/Getty Images) via Getty Images
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    Kaiser Aluminum reports $24M in higher costs from magnesium, molten metal shortages

    The aluminum maker is diversifying its supply base after raw material constraints lowered production levels at its Indiana rolling mill.

    By Oct. 27, 2022
  • PepsiCo's Pep+ program
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    Retrieved from PepsiCo on October 26, 2022
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    How PepsiCo is convincing its farmers to embrace regenerative agriculture

    The food and beverage giant is hoping practices like cover cropping can help it meet its goal of achieving net zero emissions by 2040.

    By Chris Casey • Oct. 27, 2022
  • Ingredion
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    Permission granted by Ingredion
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    Ingredion partners with HowGood to measure ingredient sustainability

    A scorecard for each item measuring aspects including emissions, water usage and labor risk will be available by the end of 2022.

    By Christopher Doering • Oct. 26, 2022
  • The Whirlpool logo is seen on a display of clothes washers and dryers
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    Justin Sullivan via Getty Images
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    Whirlpool slashes production by 35% as demand falls

    Manufacturing levels have dropped to levels not seen since COVID-19 shut down facilities in 2020.

    By Oct. 25, 2022
  • A man in shadow looks at his mobile device near a lit up Apple logo.
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    Drew Angerer/Getty via Getty Images
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    Apple calls on suppliers to decarbonize operations by 2030

    Major suppliers, including chip vendor TSMC, have pledged to power 100% of production for the tech giant with renewables.

    By Sarah Zimmerman • Oct. 25, 2022
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    Sean Gallup via Getty Images
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    Major brands call for access to 800K metric tons of chemically recycled plastic by 2030

    Members of the Consumer Goods Forum, such as PepsiCo and Unilever, say better chemical recycling infrastructure will help them meet ambitious packaging goals.

    By Megan Quinn • Oct. 25, 2022
  • Walmart Store Exterior at Night
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    Courtesy of Walmart
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    5 Walmart suppliers team up on renewable energy buy

    Levi Strauss, J.M. Smucker and three others completed the first aggregated purchase power agreement under the retailer’s Project Gigaton, which encourages vendors to reduce their greenhouse gas emissions. 

    By Sarah Zimmerman • Oct. 24, 2022
  • physicians exmaine an xray on a monitor
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    Vladimir Vladimirov/Getty Images via Getty Images
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    GE shores up contrast supply through deal with Chile miner

    The multiyear agreement, coupled with a manufacturing line in Ireland, will help the medtech company prevent disruptions.

    By Elise Reuter • Oct. 24, 2022
  • President Joe Biden sits at a desk. In the background, a sign can be seen reading "Made in America" with pictures of batteries and automobiles.
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    Alex Wong via Getty Images
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    Biden awards $2.8B to boost domestic EV battery supply

    Suppliers for major auto giants including Tesla and Mercedes-Benz won grants to expand manufacturing

    By Sarah Zimmerman • Oct. 20, 2022
  • One of TSMC's factories
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    Courtesy of Taiwan Semiconductor Manufacturing Co., Ltd.
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    Apple chip supplier cuts spending on soft consumer demand, delivery delays

    TSMC has struggled to meet demand for its most advanced technologies due to challenges obtaining the tools needed to make them.

    By Sarah Zimmerman • Oct. 19, 2022
  • A man standing on railroad tracks is surrounded by water
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    Sean Rayford via Getty Images
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    Hurricane Ian damage largely spares supply chains

    Although some businesses will see delays, the disruption isn't expected to compare to the Texas deep freeze last February.

    By Sarah Zimmerman • Oct. 18, 2022
  • Circular Federal Triangle Environmental Protection Agency EPA Washington DC
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    bpperry via Getty Images
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    EPA to speed review of new chemicals for electric vehicles

    The move is in line with the Biden administration’s focus on boosting domestic output of lithium and rare earth minerals.

    By Larry Pearl • Oct. 18, 2022
  • McCormick & Company Headquarters Grand Opening
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    Baltimore County Government. (2018). [Photograph]. Retrieved from Flickr.
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    McCormick plans to eliminate $100M in costs and inefficiencies

    The company aims to reduce its reliance on co-packers and trim excess transportation costs as part of its approach.

    By Oct. 17, 2022
  • GM electric vehicle with logo
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    Bill Pugliano via Getty Images
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    GM secures nickel supply in Australia

    The deal supports the automaker’s efforts to secure critical EV battery materials through the end of the decade.

    By Oct. 17, 2022
  • Protesters hold up signs with messages proclaiming "Tariffs are taxes" and "We don't want tariffs" in front of the U.S. Capitol
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    Mark Wilson via Getty Images
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    Biden admin seeks public input on China tariff review

    Section 301 tariffs will remain in place as the U.S. Trade Representative evaluates their effectiveness.

    By Sarah Zimmerman • Oct. 13, 2022
  • Levi's
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    "Levi's 506 jeans" by M62 is licensed under CC BY 2.0
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    Levi’s sees jump in supplier violations, points to wage payment challenges

    The retailer terminated two supplier relationships for noncompliance after it found zero-tolerance violations, per its annual sustainability report.

    By Oct. 13, 2022