Procurement: Page 70
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Technology helps find new suppliers, but it's not the be-all and end-all
Buyers can benefit from using technology in highly saturated vendor markets, freeing up time for negotiation and spend management.
By Jen A. Miller • July 18, 2019 -
77% of procurement professionals expect a recession by 2021
Survey respondents fear a recession could lead to budget cuts, layoffs in their departments and the loss of suppliers and contract partners.
By Morgan Forde • July 18, 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 -
Toyota to partner with world's largest electric car battery supplier
The partnership will help Toyota secure supply in an increasingly competitive race to scale up EV production in the next five to 10 years.
By Morgan Forde • July 17, 2019 -
77% of suppliers lack deforestation commitments
Investors and procurement organizations should be concerned that crucial commodities may be in jeopardy as deforestation advances.
By Emma Cosgrove • July 16, 2019 -
Column
5 steps to successful supplier negotiations
While strong supplier relationships have proven beneficial to the buyer and seller, these relationships are not a replacement for active and ongoing negotiation.
By Rich Weissman • July 11, 2019 -
Report: Reverse auctions on the rise among younger procurement professionals
Modern reverse auction platforms can provide visibility into suppliers beyond their bid amount and offer benefits like cost savings, reduced negotiation times and price testing the market.
By Morgan Forde • July 11, 2019 -
Reshoring index down 3rd year in a row
Manufacturers aren't coming back to the U.S., preferring instead to diversify to other lower-cost manufacturing countries, according to a report from A.T. Kearney.
By Morgan Forde • July 10, 2019 -
Textile sourcing from India, South Korea grows with trade war underway
Sourcing from China went up also, but large jumps in other countries are likely signs of buyers seeking alternative supply sources to avoid tariffs.
By Matt Leonard • July 10, 2019 -
Publix updates sourcing standards for sustainable seafood
For fisheries that don’t meet the standards, Publix will work with the supplier to sponsor sustainability efforts through its Fishery Improvement Project.
By Krishna Thakker • July 10, 2019 -
U.S. Department of Agriculture. (2011). [photograph]. Retrieved from https://www.flickr.com/photos/usdagov/5707774275.
Long-term contracts leave US pork suppliers out of tariff aid
Many American producers will see no benefit from a government purchase contract since the affected farmers already have long-term contracts with JBS, the processor that won the bid.
By Emma Cosgrove • July 9, 2019 -
Report: Volkswagen pursues joint ventures with suppliers to secure EV production
Automakers looking to transition to electric vehicles face challenges sourcing lithium and cobalt needed to produce a sufficient quantity of batteries.
By Morgan Forde • July 9, 2019 -
Nestlé launches open blockchain pilot to track milk
The food company announced a commitment to pursuing a fully transparent supply chain in February and cites its partnership with OpenSC as a means of publicly verifying its progress.
By Morgan Forde • July 3, 2019 -
US proposes tariffs on $4B EU imports
The latest duties comprise a supplemental list, adding on to tariffs proposed in April on $21 billion worth of goods, covering several food products and whiskey.
By Shefali Kapadia • July 2, 2019 -
Trump: US won't impose tariffs on $300B Chinese goods 'for the time being'
China and the U.S. will resume negotiations and avoid a further escalation of the trade war "for at least the time being," Trump said.
By Shefali Kapadia • June 29, 2019 -
4 arguments from 7 days of USTR tariff hearings
More than 300 witnesses testified across 55 panels, detailing the purpose and problems with the proposed list four tariffs on $300 billion worth of Chinese goods.
By Shefali Kapadia , Emma Cosgrove , Matt Leonard , Morgan Forde • June 28, 2019 -
Column
As a buyer, I was a road warrior
The best supplier evaluation tools use all five senses and there is no magic replacement for visiting key and potential vendors.
By Rich Weissman • June 27, 2019 -
New Sears taps 'sourcing agents' to improve supply chain, lead times
Sears' holding company faces an uphill battle to overcome the reputation of its namesake and navigate an ongoing trade war.
By Shefali Kapadia • June 27, 2019 -
ERP talent among most sought after skills for managers
A company that wants to secure tech talent needs to move quickly when it finds someone who fits the role, experts suggest.
By Roberto Torres • June 27, 2019 -
Fairway Market digitizes procure-to-pay for local food
Digitizing the process of sourcing local food could save money, reduce errors and provide a more efficient way for stores to work with producers.
By Jennifer Sweeney • June 27, 2019 -
Tesla receives 1-year tariff exclusion on Japanese aluminum imports
The decision is a victory for the company, which uses aluminum to manufacture its car batteries.
By Morgan Forde • June 26, 2019 -
56% of manufacturers say trade issues are a top concern
2019 could bring challenges for manufacturers who experienced a "banner year" last year, according to the National Association of Manufacturers.
By Matt Leonard • June 25, 2019 -
NRF: List 4 tariffs 'too large' for retailers to absorb
In testimony, NRF's David French said capacity doesn't exist for retailers to move sourcing away from China, resulting in billions of dollars in increased costs for consumers.
By Matt Leonard • June 24, 2019 -
At Molson Coors, supply risk management starts with real-time data
Climate change presents risks to malting grade barley, prompting beer manufacturers to protect the crucial crop.
By Shefali Kapadia • June 20, 2019 -
Report: Apple asks suppliers to model cost of production outside China
Apple testified Thursday in U.S. Trade Representative hearings and said the list four tariffs would "tilt the playing field in favor of our global competitors."
By Morgan Forde • June 20, 2019 -
Gap, Adidas, Nike rank top 5 in Better Cotton leaderboard
The top 15 companies in BCI's rankings account for 88% of the Better Cotton sourced in 2018.
By Andy Burt • June 19, 2019