Author Archives: Procurement Leaders News

Sustainable energy procurement poses ‘difficult choices’

Moves to improve the sustainability of energy consumption will require “significant changes” in countries’ energy architectures as they try to meet the demands of economic growth, experts have warned.

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Hershey’s launches Mexico cocoa sourcing project

Confectionary giant Hershey has launched a new cocoa sourcing project in Mexico, which it hopes will help revive production after it was devastated by disease and be able to buy more cocoa from South America.

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Vacumet launches compostable alternative to tinfoil

Vacumet Corp has unveiled a range of new decomposable, metallised packaging papers.

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Green goals increase demand for building automation

Increasingly stringent environmental regulations are leading to a facilities management “revolution” driven by the deployment of building automation systems (BAS) technologies that take advantage of the convergence of information technology (IT)…

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Enterprise application software spend in target

Worldwide spending on enterprise application software will total $120.4bn in 2012, a 4.5% increase from 2011 spending of $115.2bn, market experts have predicted.

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H&M considers switching to yuan

European fashion retailer Hennes & Mauritz (H&M) is looking at sourcing its clothes in Chinese yuan in order to protect its costs against the rising dollar, a move that it says could benefit both itself and its suppliers.

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Demand chain investment ‘key’ for US food and beverage manufacturers

Demand chain investment is crucial for companies in the food, beverage and household products sectors, according to the 2012 Financial Performance Report by the Grocery Manufacturers Association (GMA) and PwC US.

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US companies put breaks on hire truck tonnage in May

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.7% in May after falling 1.1% in April. The latest drop lowered the SA index to 117.8, down from April’s level of 118.7.

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Whirlpool keeps check on steel suppliers’ health

Consumer appliance manufacturer Whirlpool has said that it is monitoring the health of its steel suppliers as pressure mounts on producers of the metal due to weak demand and tighter finance availability.

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Wood Group seals gas turbine MRO deal with Maersk

US-based Wood Group GTS has secured an exclusive maintenance agreement with Maersk to support multiple Siemens gas turbines operating on its Curlew and North Sea Producer Floating, Production, Storage and Offloading (FPSO) units.

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