Monthly Archives: December 2012

Chinese Government targets supply chain cost drive

The measures are aimed at cutting back the hurdles that services and product suppliers face in order to boost their profitability and drive domestic demand, said a report in China Daily.

Utility costs in agricultural production and supply should be l…

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Scientists seek to enhance the future of frankincense

High demand for the precious resin is threatening communities in Ethiopia that depend on its production and is leading to fears over its sustainability.

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East Coast port strike threatens US supply chains

Negotiations between the International Longshoremen’s Association (ILA) and employers represented by the US Marine Alliance broke off last week after management said they wanted to cap container royalties – payments made to longshoremen ba…

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Droughts push soyabean prices to record highs

CBOT September soyabeans rose as high as $17.80¾ per bushel, beating a previous record reached on July 20.

The worst drought since the 1950s has lowered expectations for this year’s US soyabean and corn crops, sending prices of agricultu…

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Scientist calls for ban on helium balloons

The chemist and Cambridge University academic Dr Peter Wothers says helium balloons should be banned in order to preserve supplies of the gas for use in medical devices such as breathing equipment.

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UK procurement fraud to rise in 2013

Procurement and supply chain fraud is expected to increase next year, as the weak economy continues to put people under financial pressure.

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Vodafone to help expand child vaccination coverage in Africa

The telecoms firms is to provide technology in a partnership to explore how mobile technology can make the vaccination supply chain more efficient.

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Unilever signs procurement outsourcing deal with IBM

The scope of this five year agreement includes record to report services for the Northern Hemisphere. Earlier this week, the consumer goods manufacturer announced a new five-year, €100m deal, with Capgemini to deliver Unilever’s Southern He…

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General Electric close to acquisition of strategic supplier Avio

According to a report in The Financial Times, an agreement has been reached following negotiations between the US company and the private equity owners of the Italian group.

Avio, which had €2bn in sales last year, builds engines and engine part…

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GM and Peugeot Citroën forge closer purchasing ties

An initial alliance between the two automotive giants was sealed in February this year when GM took a 7% stake in Peugeot Citroën. The two companies hope this alliance will help deliver annual cost savings of $2bn by 2017 through joint procuremen…

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