Monthly Archives: January 2012

Struggling retailer in credit insurance talks

British electrical retailer Comet is due to hold critical talks with trade credit insurers over the cover it requires to secure its credit lines with suppliers.

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Shakeup for retail supply chains

A relaxation of customs procedures in southern China is leading western retailers into a process of slimming down traditional distribution centres near stores, according to a Financial Times report.

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JPMorgan sells trade compliance, logistics and customs businesses

Canada-based customs broking company Livingston International has entered into an agreement to acquire the customs and trade compliance services of the global trade business of JPMorgan Chase Bank.

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SA purchasing activity contracts in December

“We’re probably going to see manufacturing in South Africa meandering along,” Andre Coetzee, managing director of CIPS Southern Africa.

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Supplier fraud in the public sector up by 19 per cent

Buyers are advised to keep a closer eye on third parties and act when they uncover corruption.

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Bearish market for energy buyers

Plentiful supplies and ‘warmish’ weather make it a good time to buy energy.

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Pernod Ricard’s purchasers get clarity on marketing spend

The maker of Jacob’s Creek, Chivas Regal and Absolut Vodka has put a spend management system in place to ensure staff order from preferred vendors.

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More skilled public sector buyers needed in South Africa

“Inadequate management of projects and contracts remains a weakness. In most cases the reason is insufficient capacity and skills to manage contracts,” auditor-general Terrence Nombembe.

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Gas giants announce joint venture

Solvay and Air Liquide, two major groups in the chemical and gas sectors, have announced a world-wide joint-venture in order to meet demand from the electronics industry for fluorine cleaning gases for large flat panel displays and silicon thin film ph…

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Agriculture and crude oil industries vulnerable to ‘supply shock’

Sectors including agriculture and crude oil are vulnerable to “supply shock”, experts have warned.

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