Welcome Wednesday, September 08, 2010
Supplier Relationship News
Procurement a "real competitive advantage" for private-label giant
McBride, Europe's largest provider of private label household and consumer goods products, has announced an increase in operating profit of 38% thanks, in large part, to an emphasis on procurement, which it described as providing "a real competitive advantage".
Microsoft adopts cloud-based SRM
Microsoft has selected an on-demand solution to manage all critical aspects of the supplier lifecycle - from initial supplier registration and assessment of risk to active measurement of performance, monitoring of compliance and maintenance of supplier information.
10:43, 02 Sep, 2010
British beef farmers call on retailers to create "fair" supply chain
British farmers have called for immediate action to create a sustainable supply chain which allows producers to recieve a fair price for beef.
10:30, 25 Aug, 2010
Supply chain overhaul key to GM IPO
If General Motor's recently filed plans for an initial public offering with the US Securities and Exchange Commission are to succeed they must be accompanied by a comprehensive supply chain overhaul, according to industry experts.
09:13, 23 Aug, 2010
Marks & Spencer implements supplier financing
UK retailer Marks & Spencer has extended its supplier payment terms from 30 to 60 days but implemented supplier financing that will enable those suppliers to get paid earlier by banks based on the credit rating of M&S, not the supplier itself.
10:01, 20 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
Spotlight: The Sainsbury's approach to supply chain finance
Though it has been treated with a range of cynicism, deference and ignorance, supply chain finance has been brought to the attention of many businesses in the UK and recently the Bank of England has labelled it as a tool with a lot of potential.
17:19, 13 Aug, 2010
US logistics managers wrestle Asian supply delays
US importers are suffering increasing hold ups in getting goods out of Asia, raising worries about potential problems for this year's peak season, a new report warns.
10:44, 10 Aug, 2010
Walmart: "A decade until Indian supply chain up to scratch"
Us retail giant Walmart has admitted that potential supply chain issues could make any future expansion in India problematic - for as long as a decade.
09:07, 30 Jul, 2010
US retailers squeeze Asian suppliers
North American retailers are trying to hold off purchases of finished goods until as late as possible by pushing their suppliers in Asia to retain ownership of products deeper into the supply chain, according to a new investigation.
09:50, 29 Jul, 2010
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