Monthly Archives: September 2011

Large gas buyers lose supply-interruption compensation

One buyer said the absence of a discount scheme meant her organisation is to pay more that £1 million extra in fuel transportation costs.

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PAC calls for clarity over ambulance commissioning

“It is not clear who will be responsible for improving efficiency, nor which body will intervene to protect 999 services if an ambulance service gets into financial difficulty, seriously underperforms or even fails.”

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BMW in pole position on sustainability

“A sustainable value chain without exploiting our natural resources. This is what I call revolution,” BMW chairman Norbert Reithofer.

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Poor quality data hinders procurement savings efforts

Unsatisfactory information on spend stops more than a third of buyers achieving efficiencies.

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Novartis eyes savings forecast boost from Alcon

Novartis, Europe’s second largest pharmaceutical group by sales, has raised its sales and cost-savings forecasts for its Alcon eyecare unit, acquired in a $51bn deal which closed earlier this year.

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Panasonic to slash procurement costs as part of function revamp

Japanese consumer electronics giant Panasonic has said that it plans to increase the amount of parts it buys from outside Japan to help cut procurement costs by $6.5bn.

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Procurement masters ‘get strategy’

A new generation of “procurement masters” is adding value to organisations in “unprecedented ways”, new research reveals.

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Platinum supply shortages set to continue for ‘years to come’

Total index for demand growth on the global platinum-group metals market has risen dramatically over the past few years, according to a new report, which adds that there is no sign of this demand slackening for “years to come”.

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Olympic Delivery Authority takes the gold at CIPS SM Awards 2011

The winners of the ‘best public procurement project’ beat nine other successful teams to clinch the overall prize on a night of celebration.

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Sarah Ellis and Lisa Callow named as individual winners in CIPS SM Awards 2011

BAA’s procurement director won the ‘professional of the year’ title, and Global Brands’ sourcing manager picked up the ‘young professional’ prize.

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