Monthly Archives: June 2012

Ex-Innospec boss pleads guilty to bribery

Paul Jennings admits two charges of conspiracy to corrupt by making payments to secure contracts.

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Lockheed Martin signs strategic electronics procurement deal

Global security and aerospace company, Lockheed Martin has announced a strategic enterprise agreement with Arrow Electronics, reducing the number of suppliers for certain electronic parts from 240 to one.

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Cash flow crisis leaves Greek business at risk of blackouts

The economic dire straits in Greece have left businesses and homes facing the prospect of being cut off from electricity supplies.

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Fleet sales rev up new car registrations in May

Ending a three-month decline, the UK fleet market was up 4.8% in May, new research reveals.

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Silverdell agrees £15m purchase of EDS Group Holdings

Silverdell PLC the environmental support services group announced that it has agreed the “transformational” acquisition of EDS Group Holdings Ltd (EDS) for an initial consideration of £15m.

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Buyers play venture capitalists’ role

Global mining firm CPO says there are similarities when investing in suppliers to develop capability.

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Zimbabwe bank governor urges preferential procurement

Gideon Gono of the Reserve Bank of Zimbabwe says government should boost economy by purchasing from domestic firms.

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M&S saves £185 million through sustainability

The UK retailer has recorded £185 million in benefits since establishing its ‘Plan A’ scheme in 2007.

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Lockheed replaces 240 suppliers with a single vendor

The defence and security manufacturer has signed an agreement with one supplier for the procurement of around 22,000 electronic components.

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Shell procurement chief moves to head up Qatar joint venture

Stijn van Els, former EVP contracting and procurement at Shell, has moved into the business, assuming a new position as CEO of the Qatar Petroleum and Shell joint venture.

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