Author Archives: Procurement Leaders News

Chinese dairy culls smaller farms

A leading Chinese dairy company has announced plans to source all of its fresh milk from large-scale farms, phasing out the smaller farmers who currently provide around 20% of its needs.

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Walmart ‘should increase spend with local suppliers’ in South Africa

Following their recent merger, Walmart and Massmart should spend more with local suppliers in order to support them, according to a report by Nobel laureate Joseph Stiglitz and economist James Hodge.

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Currency hedging puts UK in pole position for BMW

Currency hedging has convinced BMW to make engines for its forthcoming i8 hybrid sports car at its plant in Hams Hall near Birmingham, the German carmaker said on Tuesday.

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Pratt & Whitney seals European maintenance deal with Iberia Airlines

Pratt & Whitney Power Systems announced yesterday that Iberia Maintenance has been selected to provide depot support services for its GG8 gas generators.

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Oracle pushes business applications into the cloud

Recent moves by Oracle to expand its cloud computing services will see the software company offer a range of business applications as hosted offerings.

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Women in procurement paid 30% less than men

A recent survey of procurement professionals has revealed stark wage differences between men and women.

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Procurement Intentions: CPOs target larger teams

The results of the June Procurement Intentions survey have indicated that over the next 3 months 31% of CPOs intend to hire more staff, compared to 18% last month.

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Vodafone and Telefonica to share UK mobile networks

Vodafone and Telefonica have announced plans to share their UK networks in a deal that experts estimate could save the companies £1bn by 2015.

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Apparel industry develops supply chain tracing technology guidelines

Major retailers, technology providers and brands have joined to develop guidelines for assigning serialised identification numbers, making it possible to trace products through the global apparel supply chain.

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Lockheed Martin signs strategic electronics procurement deal

Global security and aerospace company, Lockheed Martin has announced a strategic enterprise agreement with Arrow Electronics, reducing the number of suppliers for certain electronic parts from 240 to one.

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