Monthly Archives: April 2012

Global hard drive supply chains set to recover later this year

Global hard drive supply chains will be restored to full operation in the second half of this year after last year’s flood catastrophe

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Federal procurement chief resigns over ‘lavish’ spending

The chief of the US government’s federal procurement agency has handed in her resignation amid mounting criticism of the organisation’s “lavish” spending

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Senior purchaser convicted of £2 million fraud

Ross Knowles, the former head of energy procurement for the Laser Energy Buying Group at Kent County Council, has been found guilty of fraud by Maidstone Crown Court.

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Rise in new orders lifts construction activity to 21-month high

“The particularly encouraging news is that the improvement in confidence is generating more jobs, with employment rising modestly,” said Chris Williamson, chief economist at Markit.

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South African fruit growers bruised by supply chain woes

High logistics costs and export delays are responsible for rising production costs, according to the industry association in the country.

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UAE urged to open access to public procurement market

Eduardo Munoz, chairman of the WTO Trade Policy Review Body, said: “A key challenge for the UAE is to expand foreign participation in investment projects.”

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Walmart to expand local sourcing in India

Walmart has said it is planning to source an increasing volume of agricultural products locally in the sub-continent.

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UK government renegotiation with key suppliers to save £5bn

The UK government expects to save more than £5bn this year after a round of “tough contract negotiations” with suppliers.

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Volvo puts squeeze on suppliers

According to its chief executive, Volvo is set ask suppliers to lower its prices as it looks to cut costs itself prior to ending its relationship with its former owner Ford Motor Co.

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Procurement fraud costs public sector £2.3 billion

Fraudsters are swindling the taxpayer through double invoicing, kickbacks and rigged bids.

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