Procurement: Page 38


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    Tiffany Rose via Getty Images
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    Rising fats and oil prices have Colgate-Palmolive looking to mitigate costs

    The costs of fats and oils have doubled since 2020, and will continue to rise according to executives.

    By May 12, 2022
  • Levi's storefront
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    Kaarin Vembar/Supply Chain Dive
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    Diversified sourcing helps Levi's avoid disruption from China lockdowns

    Less than 1% of the apparel maker's products come from China, after a yearslong strategy to diversify its supply.

    By May 12, 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
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    Nitram242. (2017). "Tootsie Roll Power Plant" [Photograph]. Retrieved from Flickr.
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    Tootsie Roll could pause production lines due to delayed supplier deliveries

    Ingredients and packaging suppliers have failed to meet promised delivery dates due to rail and truck constraints, the candy manufacturer said.

    By May 11, 2022
  • President Joe Biden addresses the U.S. Conference of Mayors at the group's annual winter meeting.
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    Retrieved from The White House.
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    With chip supply tight, trade group says White House should prioritize medtech

    Medical device companies are competing with consumer electronic companies, automakers and other businesses for limited stocks, AdvaMed says.

    By Nick Paul Taylor • May 10, 2022
  • store front of Party City
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    Daphne Howland/Supply Chain Dive
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    Ballooning spot rates deflate Party City's helium business

    Even after diversifying its sourcing, the retailer expects to pay higher helium prices to meet graduation season demand.

    By May 9, 2022
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    Jamie McDonald via Getty Images
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    Maersk aims for net-zero steel in ships

    The ocean carrier is the first shipping company to join SteelZero, a global initiative to expedite decarbonization in the steel industry.

    By May 5, 2022
  • Tempur Sealy diversifies sourcing to mitigate risk from China lockdowns

    The mattress company also shored up its inventory in order to keep delivery times in line with retailers' expectations.

    By May 5, 2022
  • Elon Musk
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    Retrieved from Daniel Oberhaus/Wikimedia Commons on April 18, 2022
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    Supply chain constraints could limit electric vehicle adoption, Elon Musk says

    The soaring price of lithium, a battery feedstock, led the Tesla CEO to urge entrepreneurs to enter the lithium business on an April earnings call.

    By Kavya Balaraman • May 3, 2022
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    Bruce Bennett/Getty Images via Getty Images
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    Sherwin-Williams deploys private fleet to ease supplier transportation snarls

    The paint maker is also prioritizing certain products and formulations "to make the most of the raw materials that are available to us," said CEO John Morikis.

    By Sarah Zimmerman • May 3, 2022
  • Closed up pile of bottled palm oil in the market
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    Suriya Desatit via Getty Images
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    Indonesia's palm oil export ban takes effect as supply pressures mount

    The world's largest supplier of the popular ingredient widened its restrictions at a time when alternative sources and substitutes face their own challenges.

    By Samantha Oller • April 28, 2022
  • Millennial black businesswoman addressing colleagues at a corporate business meeting, close up
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    MonBusImages via Getty Images
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    Column

    5 ways to manage suppliers during disruption

    Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

    By Praveen Kumar Soni • April 28, 2022
  • McCormick & Company Headquarters Grand Opening
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    Baltimore County Government. (2018). [Photograph]. Retrieved from Flickr.
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    McCormick's diverse supplier network helps shield it from Ukraine impacts

    No single raw material makes up more than 5% of the company's total cost of goods sold, according to CFO Mike Smith.

    By April 28, 2022
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    Dimas Ardian via Getty Images
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    Indonesia to end palm oil export ban

    The country will resume exports May 23. Prices should see "downward pressure," one analyst said.

    By Samantha Oller • Updated May 20, 2022
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    Mario Tama via Getty Images
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    Deep Dive

    Furniture retailers forge new supply chain practices as backlogs, delays prevail

    Improved inventory management is just one practice — executives are also looking at new sourcing destinations to mitigate risk.

    By April 25, 2022
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    baranozdemir via Getty Images
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    Sponsored by Amazon Business

    How digital procurement with Amazon Business cultivates more sustainable supply chains

    Customers care about the sustainability commitment of the brands they choose to do business with.

    April 25, 2022
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    Juan Monino via Getty Images
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    Column

    6 sourcing strategies for reshoring and nearshoring

    Companies looking to gain greater control and minimize disruptions are turning to domestic supply chains. Here's what to consider first.

    By April 21, 2022
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    Scott Olson via Getty Images
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    General Mills reformulates products to combat ingredients shortages

    Materials including starch and packaging were "particularly challenging" to find, an executive said.

    By Sarah Zimmerman • April 21, 2022
  • Meijer announced it will expand its third Supplier Diversity event to include diverse-owned service providers, as well as retail-ready products for its shelves. Certified minority-, LGBTQ-,
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    Courtesy of Meijer
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    Meijer to host supplier summit on sustainability

    The Midwestern retail chain said a recent survey found top customer priorities include sustainable sourcing and more sustainable brand options.

    By Catherine Douglas Moran • April 20, 2022
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    David McNew via Getty Images
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    'Broad-based price increases' trigger construction inflation alert

    Price surges in diesel and other materials are being felt from the basements of skyscrapers all the way up to their highest floors.

    By Joe Bousquin • April 19, 2022
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    Justin Sullivan via Getty Images
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    'One thing after another': More disruption looms over semiconductor market

    Adequate coolant, neon and argon supply are the next concerns for chip production, experts said.

    By April 14, 2022
  • Aerial view of Shanghai skyline. Top view of deep water port with cargo ship and containers in Shanghai.
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    Asia-Pacific Images Studio via Getty Images
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    With Shanghai at a standstill, supply chain problems are compounding

    Concerns are rising that Shanghai's lockdown is only the beginning of months-long challenges. 

    By April 12, 2022
  • Kroger Restaurant Supply
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    Courtesy of Kroger
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    Kroger to supply restaurants with next-day delivery service

    The grocer, which has been rapidly expanding its fulfillment capabilities, is positioning its new business unit as a supplier for small and independent restaurant operators.

    By Jeff Wells • April 12, 2022
  • Chickens sit in a shed
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    Jamie McDonald via Getty Images
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    Avian influenza threatens egg supply ahead of Easter: report

    A bird flu outbreak has spread to 24 states and has affected nearly 18 million egg-laying hens, a CoBank analysis found.

    By Samantha Oller • April 7, 2022
  • The United States Capitol in February 2020
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    Megan Quinn/Supply Chain Dive
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    US suspends trade ties with Russia, bans oil imports

    Imports from Russia will be subjected to higher tariffs. U.S. steelmakers are among industries bracing for the fallout.

    By Sarah Zimmerman • Updated April 11, 2022
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    David Ramos via Getty Images
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    Manufacturing orders down, prices up amid war in Ukraine, China shutdowns

    Persistent extended lead times, which have pushed many companies to place orders in advance, could ease sometime in the summer, said ISM's Timothy Fiore.

    By April 7, 2022