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Procurement masters ‘get strategy’

A new generation of “procurement masters” is adding value to organisations in “unprecedented ways”, new research reveals.

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Platinum supply shortages set to continue for ‘years to come’

Total index for demand growth on the global platinum-group metals market has risen dramatically over the past few years, according to a new report, which adds that there is no sign of this demand slackening for “years to come”.

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Walmart to double spend with women-owned businesses

Walmart is to unveil plans to spend $5bn annually on women-owned suppliers through 2016 in the United States – double its current spend of $2.5bn – and to double sourcing from international suppliers run by women.

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Coca-Cola Enterprises puts fizz into spend visibility

Coca-Cola Enterprises, the third largest bottler of Coca-Cola in the world, has stepped up its efforts to implement spend visibility and analysis strategy through a partnership with Rosslyn Analytics.

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Poor data quality holds back procurement efficiency

Issues with poor data quality are hampering efforts made by UK procurement professionals to optimise procurement and spend management functions, a newly published report has claimed.

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Tata Steel improves local supply chains for Caterpillar

Tata Steel has reported that it has helped Caterpillar Steel improve local supply chains and, as a result, the manufacturer has cut manufacturing lead times for off-road construction equipment to five weeks.

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Analysis: The argument for outsourcing supply chain management

Supply chain management may be well-established as a key business process – in some industries at least – but, traditionally, there has been little appetite for outsourcing it. Still, there could be reasons why that’s about to change.

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Japanese tech firms target procurement benefits with smartphone chip joint venture

Japanese mobile technology provider NTT DoCoMo will partner South Korea’s Samsung Electronics to produce chips for smartphones, changing the landscape for handset manufacturers and reaping reduced procurement costs in the process according to the Nikke…

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US corn crop estimates cut

The US Department of Agriculture has once again cut its forecast for this year’s domestic corn crop following a long, hot summer which stunted yields.

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US sports retailer kicks off procurement optimisation programme

MC Sports, a privately-held sporting goods chain has rolled out new technology to improve the effectiveness of its procurement and supply chain functions.

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