Monthly Archives: April 2012

Greek energy failure poses supply risk

Greece’s energy industry poses a supply risk to businesses based in the country as it faces a funding crisis, according to reports.

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European office rents ‘soften slightly’

Prime office rents in Europe fell by 0.3% in Q1 2012, according new research. The latest Jones Lang LaSalle European Office Index noted that the contraction marks the first overall recorded reduction in rents since Q4 2009.

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Corporates plug into distributed electricity generation

Industrial convergence, smart technology and distributed generation will be the key drivers for corporate energy strategies in 2012 and beyond, experts predict.

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Sustainability is not a stick to beat suppliers with

Buyers should promote the mutual benefits of corporate responsibility to drive engagement.

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MPs identify ‘tension’ in procurement savings priorities

The government must make it clearer where it wants buyers to make economies of scale and where they should buy locally, the Public Accounts Committee has said.

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Recession speeds up TNT savings delivery

The impact of the financial crisis allowed the delivery company to identify savings opportunities by consolidating vendors and examining categories in great detail.

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Government publishes details of procurement ‘pipelines’

Information about £70 billion of potential future contract opportunities have been made available by the UK government so suppliers can build capability.

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Ford forced to halt production over supplier failure

Following news that one of its suppliers has entered receivership, Ford has said work will stop at two plants.

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Zurich chooses Procurian and Genpact for source-to-pay

Zurich Insurance has selected Procurian, formerly ICG Commerce, and Genpact to deliver a global, comprehensive source-to-pay solution to the company and its subsidiaries.

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Crossrail checks on suppliers’ financial health

Suppliers to the Crossrail project in London are being checked every day on their financial strength as the procurement team looks to try and avoid these suppliers going bust.

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