Procurement: Page 68
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UPS converts 4 air hubs to foreign trade zones
Importing through foreign trade zones can yield significant savings, especially in the current climate of the ongoing U.S.-China trade war.
By Shefali Kapadia • Sept. 6, 2019 -
How Cimpress leveraged analytics to cut procurement costs by 11%
The Vistaprint parent company deployed a digital platform across its subsidiaries to centralize bulk contracts while giving brands room to manage specialized orders independently.
By Morgan Forde • Sept. 5, 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 -
Esprit ceases work with Myanmar military-linked supplier
The decision follows a U.N. fact-finding mission report urging all foreign companies to scrutinize any business they conduct in the country to avoid ties to the military.
By Emma Cosgrove • Sept. 5, 2019 -
Target to suppliers: Keep tariffs to yourself
The U.S.-China trade war is starting to create stark contrast between which suppliers and retailers have the power to shift the burden away from their own balance sheets and which do not.
By Emma Cosgrove • Sept. 5, 2019 -
Only 20% of companies are optimistic about their future in China, survey finds
Despite uncertainty, the US-China Business Council's member survey found 87% of companies do not plan to move operations out of China.
By Morgan Forde • Sept. 3, 2019 -
Opinion
What US companies should know about expanding manufacturing to Mexico
As the trade war with China continues, more companies are looking south of the border with new interest.
By Sergio Tagliapietra, CEO IVEMSA • Sept. 3, 2019 -
Discount stores largely mitigate tariffs but still test price hikes
Dollar General, Dollar Tree and Five Below tested multiple price increase strategies in the second quarter as new tariffs are likely to hit consumer-facing product categories in the back half of the year.
By Emma Cosgrove • Aug. 30, 2019 -
How to navigate procurement in a post-merger world
Industry experts argue that an ideal scenario has the procurement department come in before finalizing a deal, so it can analyze potential savings and hiccups down the road.
By Deborah Abrams Kaplan • Aug. 29, 2019 -
Hospitals ration treatment due to supply shortages of immune globulin drug
The reintroduction of an intravenous immune globulin product to the U.S. market could help ease a supply crunch.
By Ned Pagliarulo • Aug. 29, 2019 -
Williams-Sonoma pulling forward 'as much inventory as possible' ahead of list 4 tariffs
The retailer on Wednesday raised its full-year net revenue forecast for the second time this year, even after factoring in the tariff increases the Trump administration announced last week.
By Emma Cosgrove • Aug. 29, 2019 -
China to add tariffs on $75B of US imports
One batch of duties will begin Sept. 1 and the other Dec. 15, mirroring the U.S. schedule and putting American agricultural exporters in a tough situation.
By Shefali Kapadia • Aug. 23, 2019 -
U.S. Department of Agriculture. (2011). [photograph]. Retrieved from https://www.flickr.com/photos/usdagov/5707774275.
Swine disease adds uncertainty, volatility to meat supply chains, execs say
African swine fever has wiped out 5% of global animal protein supply, creating drastic price fluctuations in a market already rocked by the U.S.-China trade war.
By Emma Cosgrove • Aug. 23, 2019 -
Column
A multicultural supply chain demands social awareness and respect
A training designed to prevent cultural gaffes at my company improved my negotiating process, as I learned to focus on supplier performance and the job at hand, not on cultural nuances and differences.
By Rich Weissman • Aug. 22, 2019 -
US and Mexico agree to tomato truce
An anti-dumping investigation resumed in May when the U.S. Department of Commerce formally terminated a 2013 agreement with Mexico, triggering a 17.5% tariff on Mexican fresh and chilled tomatoes.
By Emma Cosgrove • Aug. 22, 2019 -
Kohl's 12-quarter inventory reduction streak ends
As new tariffs encourage inventory pull-forward and fulfillment commitments for e-commerce orders speed up, retailers have had to rethink where to store inventory and what healthy stock levels look like.
By Emma Cosgrove • Aug. 21, 2019 -
3D printing can reduce lead times and inventory, but it's not for everything
More than 40% of 1,300 3D printing users cited lower lead times as a benefit of 3D printing in a recent survey.
By Matt Leonard • Aug. 19, 2019 -
Asos intervenes when supplier cuts off wages, water, food to workers
Working with a local labor union and the Mauritian government, Asos facilitated wage payouts after the factory stopped paying workers months before liquidation.
By Emma Cosgrove • Aug. 19, 2019 -
AAFA: 77% of apparel, footwear imports to face tariffs Sept. 1
Although tariffs on some clothing and footwear are delayed until Dec. 15, the majority will still face duties at the beginning of next month.
By Shefali Kapadia • Aug. 16, 2019 -
Kraft Heinz's comeback begins after months of procurement scandal
A bonus structure that rewarded cost-cutting above all else and insufficient review of supplier contracts led to years of procurement misconduct. A new CEO is charged with the turnaround.
By Emma Cosgrove • Aug. 15, 2019 -
VA, Defense Logistics Agency agree to centralize medical procurement for cost savings
Previous efforts in contract negotiations resulted in $1 billion in savings on prescription drug purchases.
By Morgan Forde • Aug. 15, 2019 -
Will Walmart raise prices to mitigate tariffs?
The CFO warned in May tariffs would lead to price hikes, but analysts say Walmart has enough volume in its supply chain to keep consumers insulated from tariffs.
By Emma Cosgrove • Aug. 15, 2019 -
By Michael Rivera - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=31767355
Advance Auto Parts mitigates tariff impact through supplier collaboration, price hikes
The auto parts retailer's CFO highlighted how, even though gross profit margin declined in Q2, advanced preparation and reliance of in-house inventory will help it weather the storm.
By Andy Burt • Aug. 14, 2019 -
USTR: 10% tariffs on 'certain' clothing, electronics from China delayed to Dec. 15
Chinese imports not included on USTR's forthcoming list will still face 10% duties on Sept. 1, as President Donald Trump announced earlier this month.
By Shefali Kapadia • Updated Aug. 13, 2019 -
Tyson shifts production after plant fire to 'keep supply chain full'
A dip in processing capacity will likely manifest in a depleted and pricier spot market for beef, according to consultants.
By Emma Cosgrove • Aug. 13, 2019 -
Maker of Saucony, Keds ups inventory 30% ahead of September tariffs
CEO Blake Krueger said it is too early to determine what the impact will be on 2020 consumer pricing, as the company is holding its mitigation strategies until tariffs take effect.
By Emma Cosgrove • Aug. 13, 2019