Welcome Wednesday, September 08, 2010
Spend Management 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.
Analysis: Spend data management – avoiding PR disaster
It really should come as no surprise that a sensible Yorkshireman would share a hotel bedroom with a colleague, while on a business trip. It is effective use of budget and resources in tough times. Money can be saved and strategy and planning sessions can run into the night.
10:20, 07 Sep, 2010
UK government focuses on tier-2 suppliers
As part of the UK government's IT cost-cutting drive, minister for the cabinet office, Francis Maude has announced that he will now focus on tier-2 suppliers.
16:27, 06 Sep, 2010
Rio Tinto digs deep for SaaS expense management technology
Global mining group, Rio Tinto is rolling out a hosted technology platform across its international sites to improve management of corporate expenses.
10:02, 25 Aug, 2010
Coffee and sugar markets surge
Coffee and sugar prices have jumped to new highs on the back of a recent run of commodities speculation.
08:52, 23 Aug, 2010
UK government appoints central procurement chief
The UK government has announced that John Collington, the Home Office's group commercial director, will become the new head of procurement in the Efficiency and Reform Group.
09:29, 16 Aug, 2010
Toshiba targets $11.6bn foreign procurement savings
Japanese electronics giant Toshiba has unveiled ambitious plans to slash to cost of procuring components by one trillion yen ($11.6bn) over three years. The strategy centres on better use of overseas suppliers, according to media reports.
09:11, 16 Aug, 2010
Sir Philip Green sees procurement as UK's saviour
Sir Philip Green, the maverick billionaire boss of UK retail empire Arcadia which owns giants of the high street such as Top Shop and BHS, has pointed to centralised procurement as the answer to the UK's public-sector woes.
09:09, 13 Aug, 2010
Consulting spend 'inconsistent and fragmented'
The last twenty-five years have seen a huge increase in the use of third-party management consultants, but the procurement of such services is "inconsistent and fragmented", according to a new Datamonitor report.
09:34, 11 Aug, 2010
Anglo's procurement savings 'well ahead of expectations'
Increased commodity prices and improved procurement have helped Anglo American double its first-half operating profits and restore its dividend.
10:37, 03 Aug, 2010
= Associate Members Only 
