Welcome Monday, December 01, 2008
Spend Management News
Food giant serves up record profits
A rush to outsource catering services has seen profits soar at the world's biggest food service company.
JLR chief offers stark supply chain jobs warning
Jaguar Land Rover (JLR) has warned of huge job losses in the automotive supply chain without a fresh injection of cash from the UK government.
12:11, 24 Nov, 2008
Toyota drives forward with cost cutting plans
Japanese car-giant Toyota is to review its procurement costs after forecasting its smallest profit in nine years.
11:29, 20 Nov, 2008
Rolls-Royce announces fresh job cuts
Rolls-Royce has announced plans to slash its workforce in response to the global economic slowdown, and the knock-on effect of the supply chain delays experienced by both Boeing and Airbus.
11:16, 20 Nov, 2008
Telecoms giant calls on procurement to deliver massive cost objectives
BT is set to slash its procurement costs - sparking fears that the company's global BPO operations could be hit.
09:33, 18 Nov, 2008
Insurance u-turn puts brakes on troubled US car industry
The troubled US automotive industry has been handed another devastating blow after General Motors and Ford revealed that three of Europe's largest credit insurers have removed cover from their suppliers.
10:24, 14 Nov, 2008
British Airways profits plunge but procurement’s profile taking off
Procurement will still play a critical role in assisting British Airways through a time described by the company's chief executive as the "bleakest on record".
14:16, 11 Nov, 2008
Silver screen goes green as Hollywood faces inconvenient truth head-on
The home of world cinema is rolling out the red carpet to a series of new green initiatives aimed at reducing waste, energy and costs in Hollywood.
13:58, 10 Nov, 2008
Global sourcing fears aired as Next looks to the future
Soaring sourcing costs are expected to put some of Europe's leading retailers under increasing pressure in 2009.
11:51, 10 Nov, 2008
Motorola takes Razr to supply base
Motorola is set to slash its supplier base in an effort to cut costs and remain competitive.
14:18, 07 Nov, 2008
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