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A global group of aerospace companies including Boeing, Dassault Aviation, GE Aviation and Rolls-Royce has called for improved standardisation and sustainability across supply chains.

Record sales at chocolate company Thorntons were undermined by a full-year loss despite improvements in procurement and strategic cost processes put in place to combat rising food commodity costs.

With global economic conditions as unpredictable as ever, some procurement outsourcing providers are feeling the pinch – others are hungrily eyeing opportunities.

Sourcing strategies continue to shift in response to volatile business conditions across the Global 2000 group of companies, new research has revealed.

A senior procurement executive with Toyota has revealed that the Japanese automotive giant is working to create a “earthquake-proof” supply chain that would be able to rebound from a major disturbance within weeks.

European private label goods producer McBride is looking to achieve significant benefits by increasing the collaboration between its research & development and group purchasing functions.

A review of scientific studies into on bisphenol A (BPA), widely used to make polycarbonate plastic for drinks and food packaging, including some baby bottles, has described the possible risks from BPA exposure as “very small”.

Growing supply shortages of rare-earth mineral neodymium is creating a monopoly that is beinn exploited by Chinese electronics manufacturers to hike the cost of consumer electronics, recent reports claim.

Up to two-thirds of the supply-chain costs incurred by supermarket retailers are incurred in transporting the goods the last mile to the store, claims new research.

Experts have warned that the global market for tantalum – a key element used in electronics capacitors – will probably experience “hard times” as major supply shortfalls begin to bite.