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Author Archives: Procurement Leaders Latest News RSS Feed
Procurement optimisation technology under used
New research reveals that, although procurement technology adoption and use is playing a big role in winning corporate cultural acceptance, few procurement professionals believe their organisations fully use the available technology.
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FDA calls for urgent attention on supply chain security
The US Food and Drug Administration has said it needs more regulatory powers so that it can place the onus on industry to tighten pharmaceutical supply chain security.
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Value of green supply chain ‘highly overrated’
The importance of green supply chains in influencing purchasing practices is “highly overrated”, a new survey has claimed.
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Chrysler revs up supply chain diversity
Chrysler Group has reported that it is “as committed as ever” to maximising its supplier diversity.
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Chrysler and GM slow output after flooding at supplier plant
Several auto manufacturers in North America have slowed output due to floods at the plant of a supplier of carpets and floormats.
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Timberland fits out robotic fulfilment system
The Timberland Company has launched a programme to automate all wholesale, retail and direct-to-consumer fulfilment activities in its new European Distribution Centre which is under construction in Almelo, the Netherlands.
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Nigeria leads surge in OPEC oil production
The Organization of the Petroleum Exporting Countries (OPEC) boosted its crude output by 130,000 barrels per day (b/d) in August to pump an average 30.13 million b/d throughout the month, market experts estimate.
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Buyers increase outsourcing of property and facilities management
Nearly all buyers currently outsourcing real estate and facilities management (REFM) activities expect to maintain or increase outsourcing usage in the short to medium term, according to new research.
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Novartis eyes savings forecast boost from Alcon
Novartis, Europe’s second largest pharmaceutical group by sales, has raised its sales and cost-savings forecasts for its Alcon eyecare unit, acquired in a $51bn deal which closed earlier this year.
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Panasonic to slash procurement costs as part of function revamp
Japanese consumer electronics giant Panasonic has said that it plans to increase the amount of parts it buys from outside Japan to help cut procurement costs by $6.5bn.
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