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Author Archives: Procurement Leaders News
Global marketing spend continues to fall
Warc’s Global Marketing Index reported that marketing budgets continued to show a decline globally in December. European marketers were found to remain the most pessimistic and expect budgets to continue to fall (44.8). In Asia Pacific budget ex…
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US non-manufacturing sector enjoys 36th month of growth
The latest Non-Manufacturing ISM Activity Index registered 60.3%, which is 0.9% point lower than the 61.2% reported in November, reflecting growth for the 41st consecutive month. The New Orders Index increased by 1.2% points to 59.3%.
According to th…
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UK to clamp down on late payments
Following complaints from small and medium-sized businesses, some of which are being forced to wait 180 days for payment from their large customers, business and enterprise minister Michael Fallon wrote to the CEOs of the largest 350 companies in the …
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Glass packaging spend to top $36.8bn
However, the analyst company predicts that growth in the glass packaging market will be limited as companies face rising amounts of pressure and competition from other packaging materials trying to take market share and from producers looking to other…
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US government touts $9m spend to boost energy-efficient buildings
According to the Department of Energy, in a typical residential or commercial building, about 42% of energy is lost through doors, roofs, attics, walls, floors and foundations – known collectively as the building envelope.
In the winter months,…
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Boeing says supply chain can match ambition
The US manufacturer is planning to increase the output of its jets this year, notably by doubling the production rate of the 787 Dreamliner, the company’s new widebody aircraft.
“We are going to be working very closely with our supplier partner…
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Bittele expands electronics sourcing service
The Toronto-based company, Bittele, specialises in prototype and low-volume printed circuit board (PCB) assembly.
In announcing the move to expand its sourcing operations, Bittele said its service will now include cross-referenced and substitution pa…
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Worldwide IT spending forecast to reach $3.7tn
Gartner pointed out that its 2013 outlook for IT spending growth in US dollars has been revised upward from 3.8% in the 3Q12 forecast. The Gartner Worldwide IT Spending Forecast, which tracks major technology trends across the hardware, software, IT s…
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2012 ‘most expensive year ever’
According to Breakthrough Fuel, as companies start a New Year, they will increasingly explore how changes in both the domestic and global fuel marketplaces are impacting their supply chain. It estimates that, on average, nearly 40% of any product&rsqu…
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Avis Budget increases car sharing with Zipcar acquisition
The $12.25 per share cash offer represents a 49% premium over the Zipcar closing price on 31 December 2012.
The transaction is subject to approval by Zipcar shareholders and other customary closing conditions, and is expected to be completed in the s…
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