Monthly Archives: January 2012

Analysis: After the flood – lessons from Thailand

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

The floodwaters may have receded, but Thailand’s manufacturing industry remains on its knees-with worrying prospects for Western buyers.

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WTO rules against China in raw materials export restrictions spat

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

The Appellate Body of the World Trade Organisation (WTO) ruled yesterday that China’s export restrictions on several key industrial raw materials are in breach of WTO rules.

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CIT cuts off loans to Sears’ suppliers

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

US reports claim that sources close to Sears Holdings Corp have admitted that factoring company CIT will block loans or guarantees covering any orders suppliers make with the retail group.

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Japanese auto-part suppliers plead guilty to price fixing scheme

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

Denso and Yazaki, two of Japan’s biggest car part manufacturers, have agreed to plead guilty and pay fines of $548m to the US Government as part of a wider investigation into price fixing within the automotive industry.

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German businesses form commodity purchasing alliance to secure raw material supply

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

German companies are cooperating on the purchase of key commodities as part of a 12-strong purchasing alliance, the Federation of German industry BDI said on Monday.

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US calls for global cooperation on supply chain security

Posted on January 31, 2012 by Procurement Leaders Latest News RSS Feed

The US Secretary of Homeland Security Janet Napolitano (pictured) has reiterated the need for global cooperation on supply chain security.

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Buyers told to stockpile ahead of Olympics

Posted on January 31, 2012 by Purchasing & supply news from Supply Management magazine

“The street outside is going to be choked with coaches leaving at a rate of 700 an hour.”

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Procurement fraud costs UK more than £5 million

Posted on January 31, 2012 by Purchasing & supply news from Supply Management magazine

KPMG’s Fraud Barometer finds seven cases of purchasing fraud totalling £5,096,805.

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Businesses plan to boost procurement spend

Posted on January 31, 2012 by Purchasing & supply news from Supply Management magazine

Professional services identified as highest priority spend category.

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Lack of IT integration hinders supply chain efficiency

Posted on January 31, 2012 by Purchasing & supply news from Supply Management magazine

Construction and engineering firms say chief cause of supply chain inefficiencies is lack of integration of processes and IT systems.

Posted in 2012, cat-news, International, News, Purchasing, Supply chain, Technology | Comments Off on Lack of IT integration hinders supply chain efficiency