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Friday, November 21, 2008
Friday, November 21, 2008
Latest Procurement News
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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