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After a twelve-week jury trial in US District Court for the District of Columbia, Judge Richard J. Leon entered judgment acquitting Stephen G. Giordanella of conspiracy to violate the Foreign Corrupt Practices Act (FCPA), after the biggest procurement …

China, which produces a majority of the world’s rare earth elements, has announced changes to its export quota system, which has caused controversy in the past because of China’s dominant position in the market.

2011 will be remembered as one of the most challenging years in procurement’s history. Not only were global supply chains thrown into turmoil following the earthquake and tsunami that hit Japan in March, but global markets have seemingly been in a cons…

A period of dry weather, lingering over South America has pushed corn prices up a near six-week high as it threatens to disrupt the crop as it enters its pollination stage, stoking fears of reduced yields.

Global producers of ethanol have welcomed an impeding relaxation of long-standing US import tariffs on the biofuel.

Experts have rated the credit outlook for the US consumer products industry as stable for 2012.

In an effort to reduce costs for businesses and promote trade Japan and China have agreed on a plan to promote the direct exchange of the yuan and yen between the two Asian giants.

The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.3% in November after rising a revised 0.4% in October 2011.

Demand for Enterprise Resource Management (ERM) Applications – which include procurement optimisation technologies – have jumped by more than 10% with companies globally spending an estimated $37.9 Billion in 2011.

Companies have been advised to pay “closer attention” to their vendors and suppliers in light of the recently enacted California Transparency in Supply Chains Act of 2010 (S.B. 657).