Monthly Archives: March 2012

Organisations from a total of 27 countries have made the 2012 Procurement Leaders Awards shortlist, making it the most international and successful event ever.

The $1.3bn acquisition of rare earth processor Neo Material Technologies by American mining group Molycorp gives it access to the Chinese market and potentially improves the supply of the strategically significant resource to companies outside China…

Automotive giant Volkswagen (VW) is planning to use procurement to create closer ties between its truck manufacturers as it looks to challenge Daimler and Volvo’s grip on the market and achieve cost synergies of 200m euros a year.

Sara Lee has reported that Luc Volatier will assume the role of senior vice president, supply chain and operations of its International Coffee and Tea division.

UK high street clothing retailer Peacocks, which was recently bought by Edinburgh Woollen Mill, has asked that its suppliers extend its payment terms to 90 days.