Monthly Archives: September 2011

Nippon Steel, the number one Japanese steelmaker and Sumitomo Metal Industries have announced plans to merge on 1st October in order to strengthen their global competitiveness in the face of their Chinese rivals expanding.

As part of a programme designed to help farmers in Brazil grow soy more sustainably, agribusiness Cargill has announced a $3bn grant to The Nature Conservancy (TNC).

Retail chain Tesco is set to launch its biggest price campaign in a quarter of a century on Monday, with supply chain efficiencies playing a vital role in funding this strategy.

City Council suspends staff and hires accountants following allegations deals were awarded to a contractor not on an approved framework.

Sourcing from countries with reciprocal trade agreements could reduce the tariffs paid on exports.

Carmaker Daimler has confirmed it is considering jointly purchasing raw materials with other German manufacturers in order to secure its supply of scarce goods.

A 5 per cent reduction in indirect spend can translate to 1-3 per cent impact on the bottom line, reports the Everest Group.

A Labour Party defence review has recommended the creation of a Weapons Engineering Service to make equipment procurement a professional path for military officers.

Planemaker Airbus is close to buying a majority stake in one of its German suppliers, according to Financial Times Deutschland.

A group of German industrial companies are planning to set up a procurement trust to guarantee access to key commodities, according to German monthly Manager Magazin.