Procurement: Page 67
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Bed Bath & Beyond to cut $1B in inventory, hundreds of millions in cost as more stores close
The troubled home retailer will close 60 additional stores by end of the year, but executives hope inventory reduction and cost of good savings will stop the bleeding.
By Emma Cosgrove • Oct. 4, 2019 -
Amazon fights back against AAFA's 'notorious market' claims
In a letter to a U.S. Trade Representative, the e-commerce giant said it goes “well beyond” its legal obligations in fighting counterfeits.
By Ben Unglesbee , Daphne Howland • Updated Oct. 16, 2019 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
CBP warns forced labor could be used in these 5 products
CBP's Withhold Release Orders allow the agency to detain the affected goods when imported until their legal provenance can be determined.
By Matt Leonard • Oct. 3, 2019 -
Are vertically-integrated supply chains a thing of the past? Campbell's says no.
By processing directly and working with farmers for long stretches, Campbell’s has taken control of the texture of the tomato products that go into their soups and sauces.
By Emma Cosgrove • Oct. 3, 2019 -
Tariffs on $7.5B of EU goods take effect
The new tariff rates will be limited to 10% on large civil aircraft and 25% on agricultural and other industrial products, according to USTR.
By Morgan Forde , Emma Cosgrove • Updated Oct. 18, 2019 -
Automating accounts receivable could maximize efficiency, CEO says
Jared King, CEO of automated accounts receivable platform Invoiced, discusses how automating parts of the finance function can double output.
By Jane Thier • Oct. 1, 2019 -
Nestlé, P&G won't meet 2020 deforestation goals
Environmental groups and even some food companies have warned corporations would struggle to meet their goals due to difficulties in bringing transparency to palm oil supply chains.
By Emma Cosgrove • Sept. 30, 2019 -
DHL: Global trade to slow over next 3 months
DHL's Global Trade Barometer index sits at 47, indicating overall negative growth.
By Morgan Forde • Sept. 27, 2019 -
Column
Procurement ethics: yesterday, today and tomorrow
Over the years, procurement has shed its reputation of graft, gifts and gratuities. But a decentralization of the process at many organizations could undermine ethics-related compliance.
By Rich Weissman • Sept. 26, 2019 -
Sweetgreen stretches to continue local sourcing at scale
A regional procurement strategy that takes into account local growers and seasonality brings the right partners to scale, explained Sweetgreen's vice president of supply chain and sustainability.
By Emma Cosgrove • Sept. 26, 2019 -
Amazon acquires customs broker INLT
The startup's cloud-based solution aims to help Amazon Marketplace sellers with customs clearance during international shipping.
By Matt Leonard • Updated Sept. 26, 2019 -
Food companies align with international sustainability goals but need to do more, study finds
The Barilla Foundation noted a lack of detailed supply chain analysis as well as insufficient evidence of companies' corporate citizenship.
By Jessi Devenyns • Sept. 26, 2019 -
US, Japan sign trade deal to lower tariffs on agricultural goods
Japan will lower or eliminate tariffs on agricultural imports from the U.S. worth $7.2 billion, potentially helping U.S. export supply chains that have suffered amid recent trade conflicts.
By Cathy Siegner • Updated Oct. 8, 2019 -
The upside of disruption? Supply chain's rise in value
Shifts in trade policy and mounting tweets have called attention to the supply chain in a previously rare way.
By Emma Cosgrove • Sept. 24, 2019 -
Column
Shipper of choice: Strategic KPI or lip service?
Simply claiming to be a shipper of choice is not enough in a supply chain increasingly dependent on relationships, panelists said at the CSCMP Edge conference. "You can talk your talk, but you have to walk the walk at some point."
By Shefali Kapadia • Sept. 23, 2019 -
US-Mexico tomato deal comes with heavy inspection burden, worrying buyers
Walmart's Senior Director of Federal Government Affairs James R. Bailey reportedly wrote to the Commerce Department that "such intensive inspections do not seem proportionate to the risk."
By Emma Cosgrove • Sept. 23, 2019 -
Japan, South Korea trade war escalates with supply chains caught in the middle
Tensions have been heating up between the two countries since last year, coming to a head this week as Japan and South Korea have removed each other from their preferred trading partner lists.
By Morgan Forde • Sept. 19, 2019 -
UBS: Tariffs, store closings mean easy pickings for off-price retailers
As other retailers cancel orders, opportunity abounds for stores like TJ Maxx to buy inventory at even deeper discounts.
By Matt Leonard • Sept. 18, 2019 -
Blockchain adoption will remain elusive for financial services industry until 2022, Gartner says
Immature, fragmented standards will prevent blockchain from fully entering the financial services realm in the near term.
By Roberto Torres • Sept. 16, 2019 -
7 steps to manage indirect spend
Indirect spend is often relegated to new buyers or even departments outside the purview of procurement, putting a company at financial and operational risk.
By Rich Weissman • Sept. 12, 2019 -
China sourcing risks rise with connections to labor camps
Firms may miss ties to forced labor if they don't look deep enough into their supplier networks, a report from Verisk Maplecroft cautions.
By Morgan Forde • Sept. 12, 2019 -
Procurement was a 'pain in the neck.' Now CPOs help alleviate the pressure point
Procurement is in a strategic role to find the best price while identifying vendors and suppliers — often with an assist from AI and ML.
By Jen A. Miller • Sept. 12, 2019 -
Trump: US will delay Oct. 1 tariff increase on Chinese goods by 2 weeks
A 25% tariff on $250 billion worth of Chinese goods was set to increase to 30% on Oct. 1 but is now delayed until Oct. 15 "as a gesture of good will," Trump said Wednesday.
By Matt Leonard • Sept. 11, 2019 -
H&M, Vans boycott Brazilian leather as fires burn in Amazon rainforest
Real estate speculators and ranchers suspected to be responsible for the deforestation have been tied to major importers of beef and leather.
By Andy Burt • Sept. 11, 2019 -
How one company toes supply-demand balance for rare earth minerals
China's near stranglehold on rare earths has driven the U.S. government to take a keen interest in MP Materials, as it ramps up capacity for end-to-end processing in house.
By Robert Freedman • Sept. 8, 2019