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Monthly Archives: November 2012
Rio Tinto to slash $7bn in costs
Meanwhile, the firm remains the only global iron ore producer that has not slowed iron ore expansion plans, and the announcement regarding cost cuts was tempered by a recognition of the need to boost iron ore output. The business is forging ahead with…
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Cisco looks to weed out counterfeiting
Cisco is a key supplier of electronic hardware to US government departments, including the military and justice departments, which have in the past purchased parts believed to be produced by Cisco but claimed to have been counterfeited and of lower qu…
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Copper shortages on the horizon
According to financial services firm Barclays, demand for the red metal will outpace supply by around 316,000 metric tonnes in the first six months of 2013, but the bank added that in the second quarter of the year it expects a surplus to emerge.
Blo…
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China-based exporters brace for ‘tough’ times
According to a survey of 1,546 exporters by Global Sources, optimism is lower than it was in a similar survey conducted a year ago when nearly all respondents said they were certain of export growth. Compared with the second half of 2012 expectations,…
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Global corporates switch on microgrid electricity generation
“Large and small companies, as well as various government and research departments, are moving aggressively to create or assemble new micro grids,” says Pike Reserch senior research analyst Peter Asmus.
He added that new microgrid components, u…
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BP suspended from winning US government contracts
The US Environmental Protection Agency has “temporarily” suspended the oil and gas firm and affiliate companies from winning new deals over a “lack of business integrity” related to the 2010 Deepwater Horizon oil spill.
Posted in 2012, cat-news, News, Purchasing, Risk & continuity
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Siemens to save €3 billion with procurement overhaul
The changes will be led by CPO Barbara Kux, who will leave the company when her contract expires in December 2013.
Posted in 2012, Business change, cat-news, Ed's choice business change, News, Purchasing
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PFI hospital leaves NHS Trust in ‘critical financial position’
The National Audit Office has given strong criticism of the “poor financial management and procurement” in building Peterborough City Hospital, which proceeded despite warnings about its affordability.
Posted in 2012, cat-news, News, Public sector, Purchasing
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Wake up and smell the coffee, it might be extinct by 2080
Scientists have warned Arabica coffee plants may not exist by the end of the century, because climate change, pests and diseases.
Posted in 2012, cat-news, News, Purchasing, Supply chain
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DHL lines up investment in Thai supply network
The company, which has been operating in Thailand since 1995, said that over the next few years it will expand its fleet with investment in its own vehicles and a boost to subcontractor partnerships.
Beyond the new infrastructure and recruits, DHL sa…
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