Monthly Archives: September 2011

Fortune 500 companies ‘waste billions’ on transport overspend

Fortune 500 companies are wasting billions of dollars on overspends associated with parcel shipping, a new report claims.

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Lotus turbo charges purchasing and stock control systems

Formula One team Lotus has revealed details of a new programme to upgrade its purchasing and stock management systems.

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Met to stop buying paper

The Metropolitan Police aims to pass on the responsibility of buying paper to the Cabinet Office’s Efficiency and Reform Group (ERG), according to its director of procurement.

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US splurges on business travel but not for long

US companies are more likely to reimburse business travellers for fitness centre and entertainment fees.

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Analysis: Turning around failures in risk management

Have any lessons been learnt from the global economic crisis? Not when it comes to risk management, according to a new study by the Chartered Institute of Internal Auditors, which paints a worrying picture and suggests that many of the mistakes committ…

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Raw material market volatility ‘here to stay’

Experts have warned that companies with significant raw material exposure, particularly manufacturers and those in the process industries, will fail to grow in the short term if they do not master raw material volatility.

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PepsiCo toasts agricultural partnership with Chinese government

PepsiCo has signed a Memorandum of Understanding with the Ministry of Agriculture of the People’s Republic of China to promote “sustainable agriculture projects”.

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Investigation uncovers R3bn in improper tendering

“I have been lied to and deceived by people who, instead of serving the people of South Africa, were intent on lining their own pockets,” says public works minister Gwen Mahlangu-Nkabinde.

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Royal Mail chief to share insights at conference

Kath Harmeston, Royal Mail’s procurement director, will be discussing growth and success at CIPS Conference 2011.

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Microsoft and Diageo announce CPO departures

Two high profile chief procurement officers have left their positions in the past week, as Microsoft, Diageo both reshuffled their packs.

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