Monthly Archives: November 2011

Buoyant BASF targets huge cost savings and doubling profits

The world’s largest chemical company has defied the gloomy economic outlook by unveiling a new strategy to double its profits by 2020.

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Seagate’s hard disk manufacturing hit by Thai flooding

Computer storage company Seagate Technology has revealed the supply chain impact that recent flooding in Thailand has had on its operations. The company reported that although its factories in Thailand have not been impacted directly by the flooding it…

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LG Electronics USA revs up ‘sustainable transportation’

LG Electronics USA has announced plans to reduce the environmental impact of its operations through a programme of efficiency savings and sustainable logistics.

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Sugar sours procurement professionals

Buyers respond to Lord Sugar’s views on UK businesses winning UK government deals.

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Direct payments to save government £40 million a year

The UK government hopes paying smaller construction suppliers directly will enable them to run their businesses more efficiently and pass back the savings they make.

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Australian buyers bullied into purchasing surplus and overpriced goods

Corruption and Crime Commission: “The problem was widespread across the state and local government sectors and was due to failing to adhere to policies and procedures.”

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South Africa SMEs dismiss public procurement opportunities

Complex tendering procedures mean small and medium-sized enterprises in South Africa are making a “conscious decision” not to compete for government contracts.

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Analysis: Corporate responsibility performance still falling short of lofty promises

The world’s most high profile companies are well aware that the general public – not to mention investors – often regard firms’ sustainability claims with a healthy degree of scepticism. Plenty, though, are indeed still lagging behind expectations in t…

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Nestle to investigate child labour accusations

Nestlé, the world’s largest food and nutrition company, has announced that it is to team up with the Fair Labor Association (FLA) to examine whether child labour is being used on the cocoa farms which supply its factories in the Ivory Coast.

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Jewellers appoint new diamond sourcing chief

Clark McEwen has been appointed senior vice president of strategic diamond sourcing for Sterling Jewelers, the U.S. subsidiary of Signet Jewelers.

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