Welcome Wednesday, September 08, 2010
Global Sourcing News
Spotlight: The currency of value
A recent three-year report into currency dealing showed a 20% growth in trading over the last three years, with the majority of it happening in London - it's big business for traders and, make no mistake, it's big business for anyone with cross-border operations.
China to open up access to government contracts
Xi Jinping, China's vice president, has denied that recent legislative changes have unfairly favoured domestic firms and pledged to offer foreign companies a fair chance to win national procurement contracts.
10:02, 08 Sep, 2010
China's garment exports rise 8%
China's garment shipments for the first quarter of 2010 rose 8 % to total $21bn, new research reveals.
09:55, 07 Sep, 2010
Ford vows to rev up supply chain in India and China
Ford is preparing to rev up its supply chain across China and India after announcing "big plans" to scale up Asian operations.
09:43, 07 Sep, 2010
Marks and Spencer India reveals domestic sourcing plans
Marks and Spencer Reliance India (M&S India), has plans to source 70% of the merchandise from within the country over the next two years, according to the Financial Express.
09:54, 06 Sep, 2010
Burger King drops palm oil supplier
Burger King has dropped its palm oil supplier Sinar Mas Agro Resources and Technology (SMART) after a damming revelations about the Indonesian company's land-clearing practices were revealed in a Greenpeace campaign.
10:12, 03 Sep, 2010
Supply chain inefficiencies cost Indian businesses $65bn annually
India, despite strong economic progress, is losing $65bn every year due to inefficient supply chain systems according to a recent report.
09:26, 03 Sep, 2010
Gold imports to India surge
Gold imports to India are set to recover to 2009 levels "as early as this month", on the back of strong demand for bullion, the World Gold Council predicts.
10:11, 26 Aug, 2010
Singapore crowned world's largest container port
Falling volumes of freight could not prevent the port of Singapore retaining its crown as the largest container shipping port in the world, according to new research.
09:42, 26 Aug, 2010
Analysis: The impact of airline alliances
The airline industry is in a state of flux. Delta and Northwest have merged and Continental and United are following suit; British Airways, American Airlines and Iberia have finally got the go-ahead to ratify their marriage and airline alliances are entering their second decade. What does all this mean for procurement and travellers?
09:53, 24 Aug, 2010
