Procurement: Page 94
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Round 1: NAFTA talks open with ambitious goals
The first of seven rounds of negotiations begins today, with Canada, Mexico and the U.S. discussing more than 30 topics — many of which are bound to be contentious.
By Edwin Lopez • Aug. 16, 2017 -
Grocers struggle to adopt new tech, procurement strategies
In the face of stiff competition from Amazon and Walmart, grocers need to take a closer look at their internal processes to find a way to keep profits up.
By Jennifer McKevitt , Kate Patrick Macri • Aug. 11, 2017 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Procurement tech may lower labor costs, but staffing only tells part of the story
World class organizations know how to leverage tech to reduce the most routine functions, but procurement professionals never rest in finding new ways to increase supplier performance margins.
By Rich Weissman • Aug. 11, 2017 -
Walmart joins Chemical Footprint Project to reduce toxic substances
The retail giant's participation could help drive hazardous chemicals out of the market.
By Jennifer McKevitt • Aug. 8, 2017 -
Report: SMEs are adopting procurement earlier, but still as reactionary measure
Small businesses are more eager than ever to adopt holistic supply chain strategies, but procurement often is left out of the initial transition stages.
By Rich Weissman • Aug. 4, 2017 -
After factory explosion, Bangladesh pledges a digital map of garment industry by 2021
The map will include detailed data to help brands assure supplier compliance with codes of conduct and international standards.
By Edwin Lopez , Jennifer McKevitt • Aug. 2, 2017 -
Reuters: Walmart's sourcing strategy defies 'Made in America' promises
The retail giant has been pushing its pro-U.S. credentials, but the need to keep its online channel stocked with cheap, diverse products has the company turning to foreign vendors.
By Jennifer McKevitt • July 31, 2017 -
Deadly salmonella outbreak from imported papayas exposes food safety issues
At least 46 people have gotten sick and one has died from contamination federal regulators believe originated from tree fruits imported from Mexico.
By Megan Poinski • July 31, 2017 -
Survey: Most retail professionals use outdated methods for sourcing
Despite the availability and benefits of digital sourcing tools, a new survey reveals retail professionals are lagging in implementation.
By Rich Weissman • July 27, 2017 -
Central America emerges as leading source for value-added products
Nixed trade deals, improved logistics infrastructure and the pressure for speedy fulfillment are positioning the region as an alternative to Asia.
By Edwin Lopez , Jennifer McKevitt • July 27, 2017 -
Shrinkflation hits UK as cost-reduction schemes minimize packaging
A government survey of more than 3,000 products found 80.4% had decreased in size over the past year without comparable size reductions.
By Jennifer McKevitt • July 25, 2017 -
In trade victory, US will begin exporting rice to China
The agreement is a big win for the Trump administration, although grain exporters may face challenges convincing Chinese buyers to prioritize their product.
By Jennifer McKevitt • July 24, 2017 -
Survey: Finance says procurement savings do not reach the bottom line
A disconnect between the two department hampers accurate reporting on the value of procurement initiatives.
By Rich Weissman • July 21, 2017 -
Case study: How a trade deal will affect pharma R&D, supply chains
Canada's recent drug patent reform shows how modern trade deals go beyond tariff reduction to push for regulatory changes that benefit certain industries.
By Edwin Lopez • July 20, 2017 -
Canadian timber prices rise as fires consume product
Wildfires may limit wood availability, driving up prices and depressing the construction industry.
By Jennifer McKevitt • July 18, 2017 -
FDA struggles to trace contamination within complex food supply chains
The FSMA helps to identify sources of food contamination more quickly, but the burden of the risk of food poisoning still falls on the consumer.
By Jennifer McKevitt • July 17, 2017 -
IBM, Automation Anywhere want to automate rote, data-intensive tasks
The collaboration is intended to help companies improve processes and free employees to focus on more creative aspects of their jobs.
By Justine Brown • July 14, 2017 -
Group purchasing saves healthcare supply chains up to 18% of costs
A new study conducted by a former FTC chairman defends GPOs' use of vendor funding and warns Congress against changing the funding mechanism, saying it could increase costs for healthcare supply chains.
By Rich Weissman • July 13, 2017 -
Walmart will fine suppliers for late, early deliveries in push for inventory control
The new rule may have unintended consequences at Walmart's loading docks, however, as carriers will lose a time-based risk buffer to account for traffic, weather and hours-of-service delays.
By Jennifer McKevitt • July 12, 2017 -
Deep Dive
How contracts help define supplier performance
Too often contracts are negotiated, signed, celebrated and then filed away — never to be seen again. But managing contracts well may help improve performance.
By Rich Weissman • July 11, 2017 -
Supplier financial risk lies at the core of disruptions, per procurement pros
A survey of executives at ProcureCon Indirect East revealed that more than half the respondents did not track supplier financial health after onboarding, but recent events suggest it is a good time to start.
By Rich Weissman • July 7, 2017 -
GSK taps suppliers, Schneider to meet emission targets
The British drugmaker aims to be carbon neutral by 2050 and will need help from its hundreds of suppliers to help cut down on emissions.
By Edwin Lopez • July 6, 2017 -
Butter spot prices surge to new global high, brand buyers panic
What was previously a glut based on artificially low prices turns to a shortage and a spike in demand.
By Jennifer McKevitt • July 6, 2017 -
McCormick hopes to capitalize on good relationship with Amazon
The spice company knows that maintaining strong vendor-seller relationships can present new selling opportunities and purchasing options.
By Jennifer McKevitt • July 6, 2017 -
Logistics professionals must step up to help stem influx of opioid drugs
A united pharmaceutical effort is required to stem the flow of fentanyl and its imitators.
By Jennifer McKevitt • July 5, 2017