Monthly Archives: December 2011

Emerging markets support growth for US consumer products in 2012

Experts have rated the credit outlook for the US consumer products industry as stable for 2012.

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Bribery Act proves no barrier to most businesses

Only 6 per cent of companies say updated UK anti-corruption legislation has affected their ability to do business.

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Japan and China agree currency deal

In an effort to reduce costs for businesses and promote trade Japan and China have agreed on a plan to promote the direct exchange of the yuan and yen between the two Asian giants.

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Manufacturing boost revs up US trucking volumes

The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.3% in November after rising a revised 0.4% in October 2011.

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Travel buyers want to erase Ryanair

Asked which person, place or thing associated with business travel purchases would most like to expunge, the Irish budget airline came top.

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MoD gripped by ‘conspiracy of optimism’

But procurement reform is unlikely to be successful unless the underlying questions regarding the expectations around defence spending are answered, BBC documentary concludes.

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Growth, revenue and hiring hit by late payment

Some senior executives say delays settling bills is affecting their ability to run successful organisations.

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Procurement at heart of cost management changes at Lloyds

It’s the best opportunity we’ve ever had to add value to the business, said procurement director Mike Whitby.

Posted in 2011, Business change, cat-news, News, Purchasing, Rebecca Ellinor, Topics | Comments Off on Procurement at heart of cost management changes at Lloyds

Demand for procurement optimisation applications ramps up

Demand for Enterprise Resource Management (ERM) Applications – which include procurement optimisation technologies – have jumped by more than 10% with companies globally spending an estimated $37.9 Billion in 2011.

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California passes tighter supply chain compliance laws

Companies have been advised to pay “closer attention” to their vendors and suppliers in light of the recently enacted California Transparency in Supply Chains Act of 2010 (S.B. 657).

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