The cosmetics giant appoints former CVS Health and Target executive Mario Rivera as Chief Operating Officer, tasking him with a comprehensive overhaul of its global supply chain operations as the company charts a new course following its 2023 emergence from Chapter 11.
Hormel Foods appoints Will Bonifant, a former Hershey executive, as its new Chief Supply Chain Officer. The move is seen as a direct response to persistent industry challenges including input cost volatility and logistics reliability.
Fortune announces the Fortune 500 Innovation Forum, a two-day gathering in Detroit this November, bringing together CEOs, policymakers, and entrepreneurs to chart the future of American innovation under the theme 'America Leads.'
JBT Marel has significantly expanded its Customer Innovation Center in Lakeland, Florida, adding advanced laboratory and testing capabilities. The move is seen as a strategic play to deepen client partnerships and solidify its position in the critical areas of food safety validation and process optimization, even as the company navigates post-merger integration challenges.
As the 2027 deadline for a China-free defense supply chain approaches, a small North American venture has secured the continent's first fully independent rare earths pipeline—powered by AI and shielded from geopolitical disruptions.
Kenvue's COO details how a monthly internal pitch forum, modeled after a 'shark tank,' accelerates operational innovation by empowering employees to propose and rapidly test ideas, aiming for 10x returns on investment.
Faced with trial complexity, geopolitical shifts, and intense competition, the pharmaceutical industry is abandoning rigid supply models. Leaders are now prioritizing resilience and real-time data over pure efficiency to keep life-saving research on track.
In an exclusive interview, PepsiCo SVP Darcy Arata highlights how formal mentorship programs and leadership commitment to inclusivity are transforming career pathways in the evolving supply chain sector.
The latest edition of Texhibition Istanbul concluded successfully, attracting over 19,000 visitors and reinforcing Türkiye's role as a resilient and innovative hub for the global textile and apparel sector.
As persistent trade tensions and unpredictable tariffs reshape global sourcing, fashion executives brace for a turbulent year. Our analysis delves into the key strategies—from cost control to AI adoption—that will define success for agile brands navigating an era of rapid flux.
Amcor has integrated 3D printing capabilities into its Barcelona innovation hub, finalizing the deployment of rapid prototyping technology across all five of its global rigid packaging centers. This strategic move aims to accelerate collaborative design and testing for consumer goods sectors worldwide.
REalloys Inc. has demonstrated a new method to produce rare earth fluorides without hazardous hydrofluoric acid, a key step in making metals vital for defense and green tech, as Western nations race to build independent supply chains ahead of a 2027 ban on Chinese materials.
Artificial intelligence company Anthropic has filed a lawsuit against the Department of Defense and other federal agencies, challenging the Trump administration's designation of the firm as a national security supply chain risk. The legal battle stems from a collapsed Pentagon contract negotiation and an order barring federal entities from using Anthropic's technology.
Starbucks is establishing a major corporate office in Nashville, centralizing its North American supply chain operations. The move, a key pillar of the company's 'Back to Starbucks' revitalization strategy, signals a deeper focus on cost efficiency and operational control as the coffee giant navigates a competitive market.
Electric vehicle maker Lucid Group announces a major restructuring, appointing a new supply chain chief from Rolls-Royce and cutting 12% of its workforce, as it battles severe stock declines and aims to sharpen its focus on cost efficiency and production stability.
Reynolds Consumer Products met Q4 expectations, crediting market share gains and innovation in a flat-volume environment. Yet, the most revealing insights emerged from analysts' pointed questions on sustainability, pricing power, and future growth levers.
Apple's acquisition of AI audio startup Q.ai, a deepened partnership with Google for Gemini AI, and a favorable new manufacturing policy in India signal a concerted push to bolster its AI capabilities and diversify its production footprint, reshaping its growth narrative.
HP has produced its first batch of certified closed-loop recycled copper from old circuit boards, now integrated into new laptops. The move aims to bolster supply chain sustainability and product differentiation as the company navigates a challenging stock performance.
Consumer health giant Reckitt Benckiser reported robust full-year growth, driven by a 14.6% surge in emerging markets. While navigating challenges in Europe and seasonal categories, the company plans significant supply chain investments and sees its 'Fuel for Growth' program as key to future margin expansion.
CONMED's fourth-quarter earnings beat expectations, fueled by robust orthopedic sales and easing supply chain pressures. As the company pivots from legacy gastroenterology lines to high-growth surgical tech, analysts scrutinize its path forward in a competitive medtech landscape.
