Monthly Archives: January 2012

Businesses plan to boost procurement spend

Professional services identified as highest priority spend category.

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Global companies urged to update ‘archaic’ risk management practices

Global businesses need to be more innovative if they are to combat major-impact so called “black swan events” such as terrorist attacks, tsunamis or major oil spills, experts warn.

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EU commits to tackling conflict-mineral supply chains

EU Trade Commissioner De Gucht and Development Commissioner Piebalgs announced today a commitment to make supply chains more transparent, a move aimed at helping prevent natural resource-fuelled conflict.

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Supply chains under scrutiny after record product recalls in UK

A record 291 products had to be recalled in the UK last year – a 27% increase on 2010. Supply chain issues were highlighted by headline recall cases in 2011, including batches of a Loyd Grossman korma sauce, Beko freezers from Turkey and Pfizer’s hormo…

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Business process outsourcing hit by global economic uncertainty, but technology investment still on the rise

A mixed global economic outlook, high levels of volatility, weak consumer demand, and ongoing corporate uncertainty continue to impact the outsourcing of business functions, including procurement and supply chain management, a newly published report re…

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High commodity costs slam brakes on Ford’s profits

Ford Motor Company has reported that its profitability has been hit by escalating commodity costs.

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Skilled buyers can help cut wasteful social care spend

Procurement officers should work more effectively with third sector organisations like Age UK to find out where costs can be reduced.

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Copper costs cause increase in railway cable theft

From 2009 to now, high demand has pushed copper prices from around $3,500 per tonne to $8,500 per tonne at their highest point.

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New customers boost Ariba revenue

Spend management tech firm attributes the increase to new deals signed in the past three months.

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Apple CEO promises to ”dig deeper” into supply chain issues

“What we will not do, and never have done, is stand still or turn a blind eye to problems in our supply chain,” Tim Cook told staff in an email.

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