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Author Archives: Procurement Leaders News
Wal-Mart distances itself from Bangladesh factory fire
“The Tazreen factory was no longer authorised to produce merchandise for Wal-Mart,” Wal-Mart said in a statement. “A supplier subcontracted work to this factory without authorisation and in direct violation of our policies.”
Wal-Mart declined to prov…
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UK manufacturing suppliers secure funding
The Advanced Manufacturing Supply Chain Initiative (AMSCI) was created last year by Business Secretary Vince Cable, through which up to £125m was made available to improve the global competitiveness of UK advanced manufacturing supply chain…
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Businesses shift supply chains away from risky eurozone
Nearly one in two companies have already reduced their exposure to the eurozone because of the bloc’s debt and banking problems, according to a study released on Tuesday by Accenture. This includes 10% that may quit the bloc altogether…
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Lufthansa readies cargo management system
According to the cargo service provider, it has selected technology vendor IBS from among 400 providers and awarded a contract that is one of the largest IT system deals by Lufthansa Group.
The deal means that IBS’ iCargo system will replace th…
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Tech CEOs kickstart EU cloud computing drive
The Steering Board of the new European Cloud Partnership (ECP) has met for the first time in Brussels, initiating a process where public authorities and industry work together to help build the EU Digital Single Market for cloud computing.
Under the …
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Siemens faces fines for train delivery
Industrial giant Siemens had been contracted by Deutsche Bahn to supply 16 new long-distance trains but following technical issues that occurred during testing delivery had to be put on hold according to reports in the Wall Street Journal Deutschland….
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Samsung to clean-up Chinese suppliers
The maker of TVs and mobile phones found evidence of the practices following an internal audit of 105 of its China-based suppliers, which included employees working more overtime than is allowed by law as well as fines for workers turning up late.
Bu…
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Washington revs up $11m green trucking drive
These projects build on the steps the Obama Administration has taken to expand the transportation options available for businesses and communities and improve the fuel efficiency of vehicles in the market today and in the future.
“Building a clean an…
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Global military MRO spend to hit $41bn in 2013
According to Visiongain’s latest estimates, values the global MRO market will remain strong during at least the next decade as countries continue to boost military aircraft MRO spending in a bid to maximise the value of legacy aircraft.
A Visio…
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European steelmakers warn against Glencore zinc supply dominance
The European Commission (EC) reviewed antitrust concerns and cleared the world’s largest diversified commodities trader to complete the acquisition, but said it must scrap an exclusive European zinc sales agreement with producer Nyrstar.
T…
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