Procurement: Page 71
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USTR hearing: 7 days of tariff testimony begin
More than 300 businesses or associations plan to provide testimony on how the proposed tranche four China tariffs would impact their businesses.
By Matt Leonard • June 17, 2019 -
Cargill CEO says industry will 'fall short' of 2020 goals to end deforestation
The CEO pledged $30 million to accelerate new efforts to address deforestation, beginning with the soy industry in Brazil.
By Emma Cosgrove • June 14, 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 -
Column
The 4 pillars of procurement for small businesses
One doesn’t have to be a Fortune 500 company to establish strong supply chain management foundations that will contribute to future growth.
By Rich Weissman • June 13, 2019 -
Walmart updates supplier pricing tool to manage tariff costs
The new tool for suppliers is proof the price hikes Walmart executives predicted are not just likely, but the system designed to enable them is already in place.
By Morgan Forde • June 13, 2019 -
FDA taps Merck for blockchain pilot project
IBM, Walmart and KPMG will also be a part of the initiative, which aims to track medicines and ensure their integrity.
By Kristin Jensen • June 13, 2019 -
Ralph Lauren commits to sweeping sourcing changes in new sustainability strategy
Based on these new goals, Ralph Lauren is going to have a very different supplier base in 2025 than it does today.
By Emma Cosgrove • June 13, 2019 -
Beyond Meat supply chain ready for fast food volume, CEO says
After supply chain bottlenecks in 2017 and 2018, CEO Ethan Brown told analysts Friday the company has secured production capacity beyond what current forecasts require.
By Emma Cosgrove • June 12, 2019 -
Report: Nokia and Ericsson look to shift supply chains away from China
The two technology companies, which make 5G technology, are looking to move away from China to avoid security concerns and tariffs.
By Matt Leonard • June 11, 2019 -
UPS: Millennial procurement professionals more likely to buy direct from manufacturer
Millennials are increasingly taking over procurement and sourcing positions and are doing the jobs differently than their predecessors.
By Matt Leonard • June 11, 2019 -
Anheuser-Busch will expand work with BanQu after blockchain pilot
The technology connects Zambian farmers to a mobile platform that allows their sales to be more easily tracked, increasing supply chain visibility and creating financial records for under-banked farmers.
By Matt Leonard • June 10, 2019 -
Texas, Michigan would be hit hardest by Mexico tariffs
The states imported billions of dollars worth of goods from Mexico in 2018, and even the 5% tariff level would result in billions in extra cost that would have to be paid by either businesses or consumers.
By Matt Leonard • June 7, 2019 -
Human trafficking, slavery rife in Pacific tuna supply chains
The Business and Human Rights Centre recommended enhanced digital traceability, among other actions, to reduce risk in tuna sourcing.
By Morgan Forde • June 7, 2019 -
Gap commits to 100% sustainable cotton sourcing
Additionally, the apparel brand considers the entire life cycle of a garment in its sustainability accounting, as many textiles end up in the landfill.
By Emma Cosgrove • June 7, 2019 -
How can procurement managers get their workforce on board with emerging tech?
Many aspects of the procurement function are ripe for digitization, but emerging technologies will only succeed if employees trust the results.
By Deborah Abrams Kaplan • June 6, 2019 -
KFC meets with developers to explore plant-based poultry
The major hold up for companies wanting to source plant-based poultry is heavy hitters like Impossible Foods or Beyond Meat simply haven't invented it yet.
By Lauren Manning • June 6, 2019 -
Report: 35% of procurement execs expect trade risks to hike sourcing costs
Companies are dealing with the uncertainty surrounding trade by reviewing internal controls and procedures, forecasting prices using simulations and looking for new suppliers.
By Matt Leonard • June 6, 2019 -
Tariffs could raise prices up to $25 at Ugg, Calvin Klein
Apparel brands that were safe from the Trump administration's tariff increases now find themselves highly exposed to the proposed tranche four tariffs, which include apparel, leather and textiles.
By Morgan Forde • June 5, 2019 -
At 1-800-Flowers, IT strategy and vendor sharing decided by council
CIO Arnold Leap views individual brands as a portfolio of customers who "have a slightly different view of the world."
By Samantha Schwartz • June 5, 2019 -
Off-price retailers emerge as rare winners in trade war
Any business that can capitalize on uncertainty is sure to fair well in the midst of a global trade war. Burlington, Ross and TJX are able to do just that.
By Emma Cosgrove • June 5, 2019 -
Williams-Sonoma will halve China sourcing in the next year
The retailer made 2019 forecasts anticipating a jump from 10% to 25% on list three tariffs and "unfortunately, our pessimism turned out to be true," said CFO Julie Whalen on a recent earnings call.
By Emma Cosgrove • June 4, 2019 -
Mexico tariffs could cost Chipotle $15M
CFO Jack Hartung told CNBC that if tariffs, which could go as high as 25%, become permanent, the restaurant would have to consider increasing menu prices.
By Julie Littman • June 3, 2019 -
Dollar stores prepare to pass on new tariffs to shoppers
On recent earnings calls, both retailers touted their teams' ability to mitigate list three tariffs, even after the increase from 10% to 25% on May 10. But list four is another story.
By Emma Cosgrove • June 3, 2019 -
US announces tariffs on all imports from Mexico starting June 10
Tariffs on Mexico throw a wrench into what seemed to be smooth sailing for ratification of the USMCA.
By Shefali Kapadia • Updated May 31, 2019 -
SRM 101: Using people to unlock value
Supplier Relationship Management places the focus on how suppliers and buyers can work more closely during the entire lifecycle of a product.
By Craig Guillot • May 30, 2019 -
Report: Progress on reducing child labor stalls in manufacturing hubs
A Verisk Maplecroft report reveals global progress on eliminating child labor has generally stalled, and the practice is even on the rise in the world's key manufacturing centers including China, India, Somalia and Venezuela.
By Morgan Forde • May 30, 2019