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Monthly Archives: December 2012
Strike threat hangs over US ports
The threat of strikes by the International Longshoremen’s Association looked set to lead to the closure of key US ports in the run up to the busiest retail period in the year.
While a tentative agreement over royalty payments for workers has be…
Posted in cat-news
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Marine insurance premiums dealt further blow by Sandy
According to a report in the Financial Times, the cost to marine insurers of securing financial protection from reinsurers against catastrophes is set to jump by as much as a quarter.
Though the losses from Sandy are estimated to account for less tha…
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IT directors predict spending increase
Some 48 per cent of senior IT professionals expect their budgets to rise in 2013, with the extra money to be spent on applications and infrastructure.
Posted in 2012, cat-news, News, Purchasing, Technology
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South America and China top travel destination wish-list
The Guild of Travel Management Companies has identified the top 10 destinations business travellers believe would increase economic growth.
Posted in 2012, cat-news, News, Purchasing, Travel
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Supply chain academic Richard Wilding recognised in New Year Honours
Professor Richard Wilding said he was “surprised, thrilled and humbled” to have been awarded an OBE in the 2013 New Year Honours list.
Posted in 2012, cat-news, News, Paul Snell, Purchasing, Supply chain
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NZ companies ignore supply threats
Only 23 per cent of businesses in New Zealand rate their level of risk management as high, according to a survey by CIPS Australasia and Grant Thornton.
Posted in 2012, cat-news, Ed's choice international, International, News, Purchasing, Risk & continuity, Supply chain
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Contract workers rights regulations tighten in China
The amended law, which takes effect on July 1, 2013, is effectively closing a loophole which affected the conditions of about a third of the workforce at Chinese and multinational factories in China.
“Hiring via labour contracting agents should be ar…
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Iron ore prices climb 60% after September slump
Prices of iron ore tumbled to a three-year low in the autumn, before rallying 60% since then on mounting confidence that China, the world’s biggest importer of the ore, would be experiencing an accelerated growth in 2013.
Trade to China is expe…
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CFOs plan international expansion in 2013
Greater confidence in the UK economy means finance directors will prioritise revenue generation strategies rather than cost reduction programmes next year.
Posted in 2012, cat-news, News, Purchasing
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Tesco establishes India sourcing arm
The move is designed to trim costs for the world’s third largest retailer and develop local sourcing expertise in preparation for opening stories in India, according to a report in the Economic Times.
“Fruits, marine, rice would be a few o…
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