Monthly Archives: September 2011

Japanese tech firms target procurement benefits with smartphone chip joint venture

Japanese mobile technology provider NTT DoCoMo will partner South Korea’s Samsung Electronics to produce chips for smartphones, changing the landscape for handset manufacturers and reaping reduced procurement costs in the process according to the Nikke…

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US corn crop estimates cut

The US Department of Agriculture has once again cut its forecast for this year’s domestic corn crop following a long, hot summer which stunted yields.

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US sports retailer kicks off procurement optimisation programme

MC Sports, a privately-held sporting goods chain has rolled out new technology to improve the effectiveness of its procurement and supply chain functions.

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Precious metals lead global commodity bull run

Financial experts predict that, despite global market uncertainly, demand for key commodities will continue to hold up strongly.

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Architects draw up campaign against procurement bureaucracy

Length of PQQs criticised, as RIBA president describes purchasing processes as “the bane of our professional lives”.

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Buyers ‘overreacting’ on energy price fluctuations

Failure to develop a coherent energy purchasing strategy is costing businesses money, a consultant claims.

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Talent shortage is a major procurement challenge admit CPOs

“If this situation persists, procurement will be hard-pressed to hire and retain the talent needed to support long-term success.”

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Companies should combine financial and sustainability reporting

Global supply chains have left traditional ways of reporting company performance “out of date”.

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Businesses urged to look again at currency costs

Organisations that import and export goods are being urged to look more closely at how fluctuations in currency markets affect business costs.

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US faces ‘nearly stagnant’ import trade for 2011

Estimates for US containerised import growth for 2011 and 2012 have been revised downward by market watchers who warn that weaker economic data reported by the US government that will lead to a “nearly stagnant import trade” for the rest of this year.

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