Monthly Archives: February 2012

Supply chain finance deal takes off for Boeing

The Export-Import Bank of the United States (Ex-Im Bank) has announced that the Boeing Company is participating in its Supply-Chain Finance Guarantee programme, which provides working capital financing to suppliers of goods or services to US exporte…

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Maritime supply chain limits US exports

US lawmakers have been told by a domestic trade association that the maritime transportation was a “weak link” for the country’s logistics that could damage international competitiveness.

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Apple supplier Foxconn boosts worker wages by 25% after inspections

Foxconn, one of Apple’s largest China-based contractors, has boosted its workers’ wages by around 25% after been subjected to inspections by a US labour rights group.

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Panasonic calls on suppliers to help reduce its greenhouse gas emissions

Panasonic Corp is expected to enlist the help of suppliers in a forthcoming initiative to reduce the environmental impact of its operations.

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XP Power to bring contracted manufacturing in China in-house

The company, which makes AC/DC power supplies used in equipment such as MRI scanners, said the move would increase buyer confidence and quality control.

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Government promises ‘quicker, easier and cheaper’ IT buying with CloudStore

The launch of an online catalogue for “off-the-shelf” IT services will offer public sector buyers greater transparency, flexibility and cost savings.

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NHS hires buyers to treat efficiency ills

UK health trusts are seeking additional procurement support to help with ambitious cost improvement programmes.

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Fertiliser industry passes price risk to supply chain

Greater transparency between manufacturers, wholesalers, farmers and traders would reduce price volatility.

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Group sourcing crucial to DIY giant

Kingfisher, owner of B&Q in the UK and Brico Dépôt in France, is turning to group-wide sourcing to improve its fortunes, with key management changes being made to push through the vision.

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Procurement "mitigates" challenging period for Anglo

One of the world’s biggest mining companies, Anglo American, claims that a challenging final quarter of 2011, which saw declining commodity prices and falling demand, has been offset to some extent by the work done in its procurement function.

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