Operation Epic Fury forces dual shipping reroutes through Strait of Hormuz and Red Sea, adding $2,000-$4,000 per container and 10-14 days. Retail faces a crisis.

Procurement was once seen as just a link in the chain of business operations. It was the process by which operators secured their products and services. While consistency was desired and affordability attempted, this process wasn't seen as a strategic lever for procurement risk mitigation or business expansion.

A coalition of environmental, climate, and human rights groups ranked 18 of the world’s largest automakers ‘on their efforts to eliminate emissions, environmental harms, and human rights violations from their supply chains.

The move is part of Starbucks' bid to grow across North America and establish "a more strategic presence" in the Southeast region of the U.S., according to Mike Grams, Starbucks chief operating officer.