Author Archives: Procurement Leaders News

The 106-year-old business, which is due to be spun-off by its parent company Siemens in the coming spring, plans to make the savings by cutting 12% of its workforce, selling off factories as well as purchasing chips for light emitting diode (LED) bulb…

Speaking to Bloomberg Anton Binder, MTU’s senior vice president commercial business said that between 2012 and 2016 sales of its engines are expected to grow by 60% and its commercial engine work will rise by 45%.

The demand for its engines is …

Following an internal audit of its Chinese suppliers, Samsung found evidence of excessive overtime as well as fines for being late to work and has vowed to improve the situation.

Speaking to Reuters, Mok Jangkyun, who led the team of over 100 auditor…

Under the terms of the agreement, the French automotive company willl provide a full range of vehicles to Kone in several European countries for three years starting 2013.

According to Kone, it selected Renault for its wide product lineup including t…

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 3.8% in October following a fall of 0.4% in September.

ATA reported that October’s drop was the third consecutive totalling 4.7%….

Seven out of eight terminals at the Port of Los Angeles were closed yesterday according to Phillip Sanfield a spokesman for the port authority who spoke to Bloomberg. Meanwhile at the Port of Long Beach, three out of six are also shut following a stri…

The CLW released a report of its findings following an investigation of one factory owned directly by Mattel and three factories owned by suppliers. The investigators entered the factories as production workers and carried out interviews with other me…

The MoD, which is one of the United Kingdom’s largest landowners, covering some 900 square miles and around 45,000 buildings, 55,000 houses and 135,000 Single Living bedspaces, has real estate in Germany, Cyprus and the Falkland Islands, along w…

Warc’s latest headline Global Marketing Index (GMI) shows mixed conditions for marketers in November. The GMI, provides a monthly indicator of the state of the global marketing industry, by tracking current conditions among marketers. A GMI read…

According to International Data Corporation (IDC) telcos have realised that they will be locked in an “unrelenting death spiral” if they fail to update their operations. “It will be entirely self-defeating if telcos believed that their traditional ser…