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Monthly Archives: February 2012
Singapore shipping giants plan $500m savings drive
The group CEO of Neptune Orient Lines, the parent of Southeast Asia’s biggest container line, has announced plans to cut $500m in costs, following ‘disappointing’ performance in 2011.
Posted in cat-news
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Supply chain risk moves up the CFO agenda
Senior finance leaders urged to ‘keep their eye on the ball’ as the threat from commodity volatility and supply chain disruption to businesses grows.
Posted in 2012, cat-news, News, Purchasing, Supply chain
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Improved estate procurement could save NHS £1 billion
Neighbouring trusts should work together to maximise economies of scale and cut down on wasted space, says consultancy EC Harris.
Posted in 2012, cat-news, News, Public sector, Purchasing
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South African government to hire chief procurement officer
Finance minister Pravin Gordhan has announced the government intends to hire a CPO to monitor purchasing across government.
Posted in 2012, Careers, cat-news, International, News, Purchasing, Southern Africa
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Procurian profits rise by $5.1 million
The procurement outsourcing business, previously known as ICG Commerce, reported total profits of $22.2 million (£14.1 million) in 2011.
Posted in 2012, cat-news, International, News, Outsourcing, Purchasing
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Schneider Electric renegotiates with raw material suppliers
French industrial group Schneider Electric has reported that hikes in key commodity prices, which added €463m to its costs last year, are being brought under control through renegotiation of terms with suppliers.
Posted in cat-news
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HP and Dell wary of rising labour costs in China
Technology giants Hewlett-Packard and Dell are keeping a close eye on rising wages amongst their Chinese suppliers with both unsure where these costs will be absorbed.
Posted in cat-news
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US aims to end cancer drugs supply shortage
The US Food and Drug Administration has moved to increase the supply of “critically needed” cancer drugs in the face of a growing shortage.
Posted in cat-news
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Emerging markets fuel ‘unparalleled rise’ in phosphates demand
The global phosphates market is “on an unparalleled rise”, according to commodities experts.
Posted in cat-news
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Former MoD buyer pleads guilty to accepting bribes
William Marks, who previously worked as a deputy senior commercial officer at the Ministry of Defence, has admitted receiving £66,500 in bribes to favour a supplier in tenders.
Posted in 2012, cat-news, International, News, Opinion, Purchasing
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