Procurement: Page 8

  • Stock image of a hamburger on a wood table.
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    iStock / Getty Images Plus via Getty Images
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    Golden State Foods names first-ever chief procurement officer

    Trisha McRoberts joins the C-suite with a mission to optimize cash management and assure supply.

    By S.L. Fuller • March 28, 2024
  • Close up view of blue plastic beverage bottles.
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    Galina Shafran via Getty Images
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    Procurement platform for post-consumer recycled materials nabs $10.5M in funding

    Circular, which connects suppliers of recycled plastics to buyers, plans to expand internationally and introduce other materials to its offering.

    By Katie Pyzyk • March 28, 2024
  • FedEx worker sort through a pile of boxes at the FedEx sort facility at the Oakland International Airport December 18, 2006 in Oakland, California. Explore the Trendline➔
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    Justin Sullivan via Getty Images
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    Trendline

    Retail Supply Chains

    Retailers are tapping technology and making operational investments to maintain supply chain resilience. Here’s how.

    By Supply Chain Dive staff
  • Construction workers pour concrete into the ground as the sun rises.
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    Courtesy of Intel.

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    Intel’s $8B in CHIPS funding should provide suppliers confidence

    The chipmaker's hundreds of U.S. suppliers should prepare for "when the taps turn on," according to one expert.

    By • March 25, 2024
  • Containers of Nestle hot chocolate mix are seen on a store shelf.
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    Justin Sullivan via Getty Images
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    Nestlé launches pair of initiatives to decarbonize cocoa supply chain

    The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

    By Zoya Mirza • March 25, 2024
  • A Starbucks store stands in Manhattan on January 30, 2024 in New York City.
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    Spencer Platt via Getty Images
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    Starbucks names new chief procurement officer

    Heather Ostis will focus on improving supplier performance and building network resiliency.

    By S.L. Fuller • March 22, 2024
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
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    Daphne Howland/Supply Chain Dive
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    Flexing for the planet: How Walmart crushed its supplier emissions target

    The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.

    By • March 21, 2024
  • The front entrance of a Walmart facility
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    Courtesy of Walmart
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    Walmart expands supply chain transparency with 3rd milk-processing facility

    The new owned-and-operated location will give the retailer control over its bottling and packaging process.

    By S.L. Fuller • March 21, 2024
  • Header image for "Supply Chain Pressures Keep Inventories High in Q2"
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    Getty Images via Getty Images
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    Opinion

    4 best practices for the global supply chain of the future

    Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.

    By Polly Mitchell-Guthrie • March 20, 2024
  • Boeing
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    Stephen Brashear via Getty Images
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    Boeing to spend $4B plus to fix safety, supply chain woes: CFO

    The aerospace company is pushing to lower instances of components being completed outside a production line's typical flow.

    By Suman Bhattacharyya • March 20, 2024
  • A person wearing protective goggles and blue gloves working in a factory.
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    Courtesy of GE Aerospace.

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    GE Aerospace to invest $650M in global facilities, US suppliers

    The Boeing engine supplier’s spending will include new machines, equipment, building upgrades and improved safety measures.

    By Sara Samora • March 20, 2024
  • Four birch trees to left of a light brick wall with a red star and a "Macy's" sign, with a small row of bushes in snow.
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    Daphne Howland/Supply Chain Dive
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    Macy’s eyes $100M in savings from streamlined supply chain

    The company's "Bold New Chapter" will feature automation, distribution center closures, and more.

    By S.L. Fuller • March 15, 2024
  • Gap Store at Hillcrest Mall
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    "Gap in Hillcrest Mall" by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0
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    Gap Inc. gets a lift from retooled sourcing strategy

    Falling commodity costs have increased margins, while leaner inventories have helped improve operations and reduced markdowns. 

    By • March 14, 2024
  • Big Lots, Manchester, CT. 8/2014 by Mike Mozart of TheToyChannel and JeepersMedia on YouTube
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    "Big Lots" by Mike Mozart is licensed under CC BY 2.0
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    Big Lots makes huge gains in closeout sourcing

    The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.  

    By • March 14, 2024
  • A landscape photo of the Thacker Pass land being developed by Lithium Americas in Nevada.
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    Courtesy of Lithium Americas
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    Biden administration boosts EV supply chain with $2B lithium loan

    The money will go toward constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.

    By • March 14, 2024
  • Exterior of a Target sortation center
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    Courtesy of Target
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    Target deepens bets on supply chain, inventory management

    The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.

    By • March 13, 2024
  • Gary Gensler is in focus speaking with a finger raised in front of a name card. An aide sits behind him out of focus.
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    Kevin Dietsch via Getty Images
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    How the SEC climate rule will impact manufacturers’ supply chains

    Even with scope 3 emissions left out of the new rule, contract manufacturers should be prepared to report emissions data as more states adopt disclosure requirements, experts say. 

    By • March 12, 2024
  • easter eggs
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    Getty via Getty Images
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    Egg and chocolate prices could upend Easter: Wells Fargo

    The banking giant said prices of the protein will remain elevated through the holiday as producers work to rebuild their flocks of egg-laying hens.

    By Chris Casey • March 12, 2024
  • A Bombardier passenger aircraft flies over the ocean with a strip of land visible.
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    Courtesy of Bombardier
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    Bombardier increases supplier support system to 50 members

    The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.

    By • March 11, 2024
  • Blue capsules on a conveyor at pharmaceutical factory. Tablet and capsule manufacturing process.
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    SweetBunFactory/iStock via Getty Images
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    3 things to expect from the pharmaceutical supply chain in 2024

    Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.

    By • March 11, 2024
  • Business person cutting costs with knife.
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    weiyi zhu via Getty Images
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    Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs

    Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.

    By Vincent Ryan • March 8, 2024
  • Two shoppers leave a Best Buy store.
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    Spencer Platt via Getty Images
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    Best Buy’s suppliers help defray costs in choppy electronics market

    The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.

    By • March 7, 2024
  • Board of directors
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    FatCamera via Getty Images
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    Column

    The role of ethical leadership in the supply chain

    Here are five strengths leaders bring to foster trust and promote ethical conduct.

    By • March 7, 2024
  • Gary Gensler smiles as he prepares to sit and testify
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    Drew Angerer via Getty Images
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    SEC drops scope 3 emissions from final climate disclosure rule

    The agency scaled back reporting requirements for scope 1 and 2 and will take a phased approach to the new mandates.

    By Lamar Johnson • March 6, 2024
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    Courtesy of Birkenstock
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    Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead

    The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way. 

    By • March 5, 2024
  • A Lordstown Motors 2021 Endurance on display Monday, Sept. 28, 2020, on the South Lawn of the White House.
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    Craighead, Shealah. (2020). "President Trump Tours a Lordstown Motors 2021 Endurance" [Photograph]. Retrieved from Flickr.
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    Supply chain mistake part of Lordstown Motors SEC case

    Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.

    By Vincent Ryan • March 5, 2024