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"We’re at the mercy of the supply chain," said the CFO of Brown-Forman, the maker of Jack Daniel's and Woodford Reserve. → Read More
A resurgence of COVID-19 in the region has Under Armour uneasy, but company execs said their diversified sourcing base adds resilience. → Read More
While CPGs and others in the coffee industry scramble due to inflation and rising green coffee prices, Starbucks is sticking with its 12- to 18-month early buying approach to secure pricing. → Read More
Supply chain challenges are creating an inflationary environment that the industrial supplier hasn't seen in years, the company's CEO said on a Q3 earnings call. → Read More
The partnership comes as the company works to spend 2 billion euros ($2.36 billion) of its annual supplier budget with diverse suppliers by 2025. → Read More
The proposed modification aims to allow more transportation time for long-distance delivery to support increasing package volume and "network efficiencies," according to the agency. → Read More
Backlogs are eight times higher than they were before the pandemic, CEO Melinda Whittington said on an earnings call. → Read More
The PPI for corrugated and solid box manufacturing shows prices shot up during the first half of 2021, despite remaining flat or even falling throughout much of 2020. → Read More
The agency's investments through the Build Back Better Initiative are part of the Biden administration’s efforts to make U.S. supply chains more resilient. → Read More
The CPG brand's strategy is to focus on products that have large global demand for sustainability first, and go from there. → Read More
The Department of Energy study found that a single year of not exporting rare earths and two years of mine closures could result in years of price, production and capacity impacts. → Read More
The company's CEO expects its manufacturing base to be a "critical benefit" as sourcing improves long-term. → Read More
Companies increased traceability efforts in 2020, tracking more than 74% of purchases in the two countries, according to the World Cocoa Foundation. → Read More
The company's strategy is to limit low-demand products, thereby boosting the margins it may need to resist future supply chain shocks. → Read More
The retailer is working to expand access to early payments through a partnership with the financial technology company C2FO. → Read More
Delayed or disrupted fulfillment from distribution centers to stores are possible if Starbucks-delivery partners can't find the labor they need to move goods. → Read More
Rising labor costs, a trade war and the pandemic have prompted companies to rethink their dependence on China, whether that means reshoring, nearshoring or China+1. → Read More
The IHS Markit survey results come on the heels of a Gartner report that found data and analytics will become a "core business function" this year. → Read More
Port congestion, severe weather and COVID-19 disruptions to production lines have impacted product availability and led to inflation. → Read More
The quick serve restaurant joins a growing number of food brands and grocers emphasizing local sourcing over the last year. → Read More