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Monthly Archives: January 2013
Boeing suppliers face further financial risk
Boeing’s suppliers are feeling the impact after a fleet of 787 aircraft was grounded earlier in January following a number of technical problems with the aircraft, problems which caused a battery to become charred on an Air Nippon flight and for…
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Rio Tinto CEO faces sourcing challenge
Rio Tinto’s Sam Walsh is set to decide whether to shut the 1,400-staff Gove alumina refinery in Australia or approve a plan to lower operating costs by switching fuel sources.
The refinery supplying the raw material to make aluminium has b…
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China still the most competitive
The 2013 Global Manufacturing Competitiveness Index report prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Manufacturing Industry group and the Council on Competitiveness, found that – of the 38 nations assessed – five developed e…
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Bonus freeze could undermine UK talent
According to a new PwC survey of large UK companies, the cutbacks will result in the second successive year of bonus reductions in the FTSE100.
It reveals that fewer than 10% of those companies are expecting material increases to bonus pay-outs as re…
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Tesco terminates deal with supplier over ‘horse burgers’
The retailer said the “breach of trust” with its supplier had been too great for it to continue to be supplied by the company after horse meat was discovered in burgers.
Posted in 2013, cat-news, News, Purchasing, Risk & continuity, Supply chain
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Five tips to create an award-winning procurement team
Previous winners of the CIPS Supply Management Awards shared advice with close to 100 buyers yesterday, explaining how investment, innovation and taking risks supported their entries.
Posted in 2013, cat-news, CIPS SM Awards, News, Purchasing
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Government scraps Great Western railway competition
The Department for Transport has cancelled the contest to operate the franchise for the Great Western railway, and will not reimburse bidders for their costs.
Posted in 2013, cat-news, News, Public sector, Purchasing
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Drinks firms urged to raise procurement control
Weak demand and volatile supply mean beverage companies will have to improve their strategic sourcing of agricultural commodities.
Posted in 2013, cat-news, International, News, Purchasing
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EU telecom demands raise tension with China
According to reports in the Financial Times, EU trade commissioner Karel De Gucht has demanded that European suppliers be given a 30% share of the Chinese telecoms market and in return the EU will drop its investigation into the giving of alleged…
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Japan auto-supplier to cut costs
Toyoda Gosei, a supplier of steering wheels and air-bags to the auto-giant, plans to cut its capital expenditure by between 20 and 30% according to its president, Tadashi Arashima, who was speaking to Bloomberg.
Although no time-frame was g…
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