Monthly Archives: March 2012

Kellogg’s, the world’s largest producer of cereal, spent over $350m with suppliers from minority groups during 2011, as its supplier diversity programme continues to expand.

UK supermarket chain Morrisons has said its indirect procurement programme has made ‘good progress’ during a year in which inflationary effects placed pressure on prices in the supply chain.

The creation of a shared services centre at UK construction and engineering company Balfour Beatty has helped it to offset a decline in margins.

Retailers are struggling to create and manage supply chain strategies that can support their operations in an increasingly globalised economy, new research warns.

Increases in wages at Chinese manufacturing facilities are driving business to cheaper territories such as India, Vietnam and Mexico, market experts have reported.

As “panic” hit world markets, the Standard & Poor’s latest GSCI Spot Index of 24 commodities indicates a 1.5% fall to close at 692.61 in New York, marking the biggest slump since last December.