Monthly Archives: May 2012

Fiat prepares to manage risk of Greek euro exit

Fiat’s chief executive has said that the Italian automaker is preparing for the ’highly unlikely’ event of Greece leaving the euro.

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Deutsche Telekom launches procurement platform

Telecommunications firm Deutsche Telekom has announced the launch of a new machine-to-machine (M2M) marketplace to ’bring together global supply and demand’.

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Mars on track to meet sustainable cocoa target

Confectionary giant Mars has announced that it is on track to meet its pledge made in 2009 to purchase all its cocoa supplies from certified sustainable sources by 2020.

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Total cost of purchasing model ‘essential’ to managing rising costs

Some seven out of 10 UK businesses rate rising costs as the “biggest threat” to their revival, a consultancy has warned.

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UK companies back new technical training colleges

Fifteen new University Technical Colleges (UTCs) are set to open with the backing from employers including Jaguar Land Rover, British Airways and Virgin Atlantic.

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Barclays to move procurement jobs to Singapore

The financial services firm is to relocate some UK procurement roles to the Asian country as part of a plan to reduce costs by £2 billion by 2013.

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Government procurement reform deadlines published

The Cabinet Office’s latest business plan details current purchasing reforms and when they are expected to be completed.

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CGI to buy Logica for £1.7 billion

The Canadian IT outsourcing firm is set to purchase the UK business services company.

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Africa needs major investment to meet supply chain challenges

The continent needs investment to continue at its current rate to close the gap with developed nations and develop its supply chain.

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Earthquake hits Italian auto heartland

The series of recent earthquakes to hit Italy risk destabilising the country’s automotive supply chain, with key suppliers and manufacturers being forced to close facilities.

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