Procurement: Page 72
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Dick's CEO: Impact of new tariffs unknown despite tranche 4 exposure
Assuming the implementation of tranche four, Dick's total tariff exposure will go from 5% of inventory to 38%, according to a J.P. Morgan analysis.
By Emma Cosgrove • May 30, 2019 -
Best Buy
New tariffs could imperil Best Buy, Dick's and Bed Bath & Beyond
J.P. Morgan looks at which retailers would lose the most in a "disaster" scenario after the Trump Administration's latest trade salvos.
By Ben Unglesbee • May 29, 2019 -
Explore the Trendline➔
Sean Gallup via Getty Images
TrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Tesla supplier sues for alleged $1.8M in unpaid bills
This lawsuit adds to the suspicion among suppliers that Tesla's cash flow issues will get in the way of their pay.
By Emma Cosgrove • May 29, 2019 -
Medhat
Nestlé streamlines procurement, manufacturing to save $1B
At a time when many global CPG players are shedding lines of business in the name of efficiency, Nestlé is opting to do the dirty work of streamlining its massive multinational operation.
By Emma Cosgrove • May 29, 2019 -
Estée Lauder to work with 1K farmers on palm oil cultivation
Working directly with the farms will allow Estée Lauder to form a relationship with the suppliers at the base of the palm oil supply chain.
By Matt Leonard • May 29, 2019 -
Getty Images
OpinionNo one gets out of this trade war
In an exclusive op-ed for Supply Chain Dive, A.T. Kearney's Jim Singer and Johan Gott outline the dangers of waiting to address tariff risk and the steps all businesses should begin taking today.
By Jim Singer and Johan Gott • May 24, 2019 -
Best Buy 'actively engaged' as US seeks input on list 4 tariffs
The company is focused on being a part of the discussion about proposed tariffs on $300 billion in Chinese imports, not on forecasting its impact, executives said on an earnings call this week.
By Matt Leonard • May 24, 2019 -
Yujin Kim / Supply Chain Dive
ColumnI am a vendor defender — and proud
In a daily meeting at my manufacturing company, I received an unintended compliment that ended up defining my career.
By Rich Weissman • May 23, 2019 -
Bangladesh factory oversight to transition to new council, prompting union concerns
Some union members worry this new agreement will put too much power in the hands of factory owners and result in more of the safety issues the Accord was initially created to avoid.
By Matt Leonard • May 23, 2019 -
Kohl's prepares for diminishing gross margins amid tariff hike
CEO Michelle Gass described the situation as "fluid," encapsulating the near-universal struggle for retailers importing products from China — the lack of certainty in the trade landscape.
By Shefali Kapadia • May 22, 2019 -
Nike, Adidas and others call on Trump to remove footwear from tariff list
In an open letter posted by the Footwear Distributors and Retailers of America, footwear brands called tranche four tariffs "catastrophic" and estimated a $7 billion annual impact on consumers.
By Matt Leonard • May 21, 2019 -
LVMH creates blockchain platform to track luxury goods
The move comes as more consumers turn to resale for authentic, high-end goods at affordable prices.
By Tatiana Walk-Morris • May 20, 2019 -
US lifts steel, aluminum tariffs on Canada, Mexico
The 25% tariffs on Canadian and Mexican steel and 10% on aluminum, in place since March 2018, were major barriers to the ratification of the United States, Mexico and Canada Agreement (USMCA).
By Emma Cosgrove • Updated May 17, 2019 -
Tranche 4 shakes up apparel and footwear supply chains after escaping earlier tariffs
China is currently the United States’ largest supplier of textiles and apparel, accounting for nearly 36% of total imports in 2017 according to the World Bank.
By Morgan Forde • May 16, 2019 -
Tranche 4 tariffs by the numbers
"If tariffs are set to 25%, the effect will be dramatic," said A.T. Kearney's Johan Gott.
By Shefali Kapadia • May 16, 2019 -
Chemical suppliers take hits from both sides of the trade war
Chemicals produced in the U.S. suffer from higher cost of materials imported from China and the shrinking Chinese export market due to retaliatory tariffs.
By Emma Cosgrove • May 16, 2019 -
Macy's: Tariff tranche 4 is 'the big one'
The retailer has worked for years to move production of private label goods out of China, but the country remains "an important piece of our overall mix," CEO Jeff Gennette said
By Emma Cosgrove • May 16, 2019 -
Tech products make up 'more than half' of new $300B tariff list
Experts say technology companies are likely to pass these costs along to the consumer. One analysis said tariffs could raise the price of an iPhone by as much as 14%.
By Matt Leonard • May 15, 2019 -
Getty Images
In US-China tariff poker game, health supply chains stand to lose
Tariffs on medical equipment and supplies, plus duties on imported steel and aluminum, could result in millions of increased costs for the healthcare industry and U.S. patients.
By Barry Hochfelder • May 15, 2019 -
As Old Navy and Gap split, so do their supply chains
Analysts see the brands' split as a strategic move, but it won't come without "teething problems" as supplier relationships and inventory management shift.
By Craig Guillot • May 14, 2019 -
US formally begins process for tariffs on $300B
The list includes raw materials and finished goods across dozens of industries, touching nearly every U.S. business — and in turn, every consumer.
By Shefali Kapadia • May 14, 2019 -
Starbucks secures $1B sustainability bond
The coffee chain's third and largest sustainability fund will support its efforts to ethically source coffee as well as build 10,000 green stores globally by 2025.
By Alicia Kelso • May 14, 2019 -
Trade war escalates: China, US to raise tariffs
Implementing tariffs on the remaining $300 billion worth of Chinese goods would affect nearly every industry that imports anything from China, from a small component to a finished product.
By Shefali Kapadia • May 13, 2019 -
Getty Images
Trump says 'no rush' to reach a trade deal as 25% tariffs take effect
The president suggested businesses "go to a new source" and repeated a previous threat to add 25% tariffs to another $325 billion of Chinese imports.
By Shefali Kapadia • Updated May 10, 2019 -
Imports to reach 'unusually high levels,' anticipating 4th round of tariffs
Although no official notice or date has been set for another round of tariffs, the National Retail Federation said retailers will attempt to move up merchandise shipments.
By Matt Leonard • May 10, 2019
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