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Friday, November 21, 2008

Latest Procurement News

 

India looks to China for sourcing needs

India looks to China for sourcing needs

Indian SMEs are increasingly viewing China as a major sourcing hub after it was revealed that Chinese exports to the country had grown by over 30 per cent in the past 12 months.

Chinese government goes to work on employment concerns

The Chinese authorities have once again expressed concern that the country's "grim" employment outlook could spark social unrest.

11:11, 21 Nov, 2008

Scramble for supply could ignite global conflict

A new report by the US intelligence community has suggested that the current financial collapse in the U.S. is part of a re-balancing act that could see India, China and the Korean Peninsula emerge as the economic superpowers of the future.

10:27, 21 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

Report calls for fairtrade re-think

More work needs to be done on the labelling of products produced in developing countries, a new report has claimed.

12:30, 19 Nov, 2008

Hershey wraps-up new appointment

US confectionary-giant Hershey has appointed a new head of global operations as part of a wider revamp of the company's supply chain.

16:26, 18 Nov, 2008

Renault announces tightening of supply chain

French automotive-giant, Renault SA, has announced plans to cut production, in an attempt to manage a downturn in demand.

11:04, 18 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

WH Smith pushes the envelope with sourcing improvements

Stationery retailer WH Smith has credited better sourcing practices for an improvement in its first quarter figures.

09:12, 18 Nov, 2008

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