Welcome Friday, September 10, 2010
Strategic Sourcing News
Starbucks to absorb coffee price fluctuations
Coffee giant Starbucks has outlined its intention to manage the recent dramatic fluctuations in the market for coffee.
Global petrochemical prices hold firm
Global petrochemical prices "firmed" in the second half of July, new research reveals.
09:39, 17 Aug, 2010
Analysis: Boeing grounded by supply chain woes
Back in March Richard Nixon, of KPMG's advisory practice, sounded a note of caution when he claimed that the inward focus necessitated by the worst economic conditions in a generation had caused a number of companies to neglect the health of their supply chains.
10:40, 22 Jul, 2010
Price of paper pulp rockets for China-based companies
From early 2010 to mid-March, the price of paper pulp soared across China, according to market experts.
11:31, 21 Jul, 2010
Procurement scams decline but overall UK fraud tops £1bn
Despite a decline in traditional procurement fraud, where firms are overcharged for goods and services, fraud in the UK has exceeded £1bn for the first six months of this year, eclipsing previous half-year figures. Experts have pointed to more sophisticated scams such as revenue dilution fraud and insider dealing as increasingly prominent trends.
11:16, 21 Jul, 2010
Philip Morris strikes direct sourcing deal with tobacco farmers
Philip Morris International (PMI) has announced that its affiliate, Philip Morris Brasil Industria e Comercio (PMB), will begin directly sourcing tobacco leaf from approximately 17,000 tobacco farmers in Southern Brazil.
08:56, 23 Jun, 2010
Analysis: Supply chain finance struggles to gain currency
Cash management is a phrase that has assumed enormous significance, as both suppliers and procurement have been forced to cope with ever more volatile economic conditions.
11:55, 18 May, 2010
Analysis: Cash is king even after recession
Getting to grips with cash-flow management and exerting influence over payment terms has, for many, been a priority of the past two years, driven by the pressures of the recession. However, there is no indication that this should die away when economic conditions improve.
09:46, 29 Mar, 2010
Miner's shift to short-term contracts sparks concerns
A shift to short-term coking coal contracts by BHP Billiton could force a dramatic shift in how raw material commodities are procured, as the mining giant said it is looking to pursue the same strategy for its iron ore.
10:18, 09 Mar, 2010
US aims to improve wood sourcing for furniture industry
The Sustainable Furnishings Council and World Market Center Las Vegas, in cooperation with World Wildlife Fund, Rainforest Alliance, Forest Stewardship Council and other governmental, environmental, academic and trade organisations is working to improve wood sourcing in the US furnishings industry.
10:05, 07 Jan, 2010
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