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Author Archives: Procurement Leaders News
Hon Hai investigated over bribery claims
The comments followed a report by Taiwan’s Next Magazine, which claimed a Foxconn manager was detained because he sought bribes from suppliers.
These accusations have added to a troubled image in the press following a series of allegations over…
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Chevron appoints new CPO
Maria Lindenberg has taken over as CPO from Leo Lonergan, who will retire from the company on 1 February. Lindenberg will oversee Chevron’s enterprise-wide supply chain management activities.
Lindenberg joined Chevron in 2007 as vice president,…
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EU Commission beefs up supply chain security
The Communication on Customs Risk Management and the Security of the Supply Chain sets out a strategy to enable customs to better tackle risks associated with goods being traded in international supply chains.
It will involve more rational use of res…
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‘Buy India’ campaign targets technology imports
According to reports from The Wall Street Journal, the Indian government is proposing to make sweeping curbs on the import of technology products such as tablets, laptops, printers, set-top boxes, Wi-Fi devices and telephone handsets among many o…
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Alcoa moves down aluminium cost curve
As it announced its fourth-quarter earnings, the company sees global demand growth for the commodity recovering to 7% in 2013 as China’s economic rebound drives demand for aluminium cans, transport and office buildings.
Production cuts and clos…
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Lockheed Martin to buy MRO assets from Aveos
Terms of the agreement were not disclosed but are described as “not material” to Lockheed Martin’s financial position.
“This acquisition is consistent with our strategy of acquiring capabilities that enhance our ability to expand into attractiv…
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Deloitte warns of ‘global talent challenges’ for 2013
Bersin by Deloitte, a provider of research-based membership programmes in human resources, predicts this shortage will drive an accelerated need for business agility, career development and talent mobility programmes, leadership development, and re-en…
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Barclays turns to open source software for savings
Reports by Computer Weekly suggest that the bank will cut its software development costs by up to 90%, equal to billions of pounds worth of savings, but the plan will also bring many other benefits.
Barclays plans to introduce a Linux system, which r…
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Supplier probe hits Yum! China sales
KFC, which is owned by Yum! experienced a greater decline in same-store sales than forecast as a result, it claimed of “adverse publicity associated with a government review of China poultry supply”. Sales fell in China by 6%, compared with a projecti…
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AkzoNobel on board with sustainable shipping
The largest global paint and coatings company and producer of specialty chemicals in the world, AkzoNobel joins a group of 18 global companies, including Maersk Line, Cargill and Unilever in committing to the sustainability forum.
The SSI, a global s…
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