Monthly Archives: January 2013

Bittele expands electronics sourcing service

The Toronto-based company, Bittele, specialises in prototype and low-volume printed circuit board (PCB) assembly.

In announcing the move to expand its sourcing operations, Bittele said its service will now include cross-referenced and substitution pa…

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Worldwide IT spending forecast to reach $3.7tn

Gartner pointed out that its 2013 outlook for IT spending growth in US dollars has been revised upward from 3.8% in the 3Q12 forecast. The Gartner Worldwide IT Spending Forecast, which tracks major technology trends across the hardware, software, IT s…

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2012 ‘most expensive year ever’

According to Breakthrough Fuel, as companies start a New Year, they will increasingly explore how changes in both the domestic and global fuel marketplaces are impacting their supply chain. It estimates that, on average, nearly 40% of any product&rsqu…

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Avis Budget increases car sharing with Zipcar acquisition

The $12.25 per share cash offer represents a 49% premium over the Zipcar closing price on 31 December 2012.

The transaction is subject to approval by Zipcar shareholders and other customary closing conditions, and is expected to be completed in the s…

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Businesses ‘too scared’ to make the wrong hire in procurement

Worries over appointing the wrong person are holding back permanent appointments in the job market, but CPOs are urged to take “calculated risks” to support their company.

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Medium-sized companies ignorant of Bribery Act

“It’s a concern that so many firms still don’t know what it is and what it means for them,” said John Smart, partner at Ernst & Young.

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Savings double from effective SRM in 2012

Businesses are increasing collaboration with suppliers and reaping the cost benefits, but supplier innovation remains an area of “untapped opportunity”.

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Service sector shrinks for first time in two years

A lack of new business led companies to implement cost control and budget cuts, according to the latest Purchasing Managers’ Index for the sector.

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Ryanair fuel-saving measure puts passengers at risk

Four of the airline’s pilots spoke to a Dutch TV show and said that they had been forced to fly Boeing 737-800 planes on as little fuel as was legally allowed in order for Ryanair to cut its fuel costs.

One pilot was quoted as saying: “I hope i…

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Starbucks sourcing strategy strengthens Vietnam push

The coffee giant said it will partner with Hong Kong’s Maxim’s Group to open its first store in Ho Chi Minh City and reiterated that Asia continues to be a significant growth driver for the company.

Starbucks already buys some of the high…

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