Author Archives: Procurement Leaders News

Fiat prepares to manage risk of Greek euro exit

Fiat’s chief executive has said that the Italian automaker is preparing for the ’highly unlikely’ event of Greece leaving the euro.

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Deutsche Telekom launches procurement platform

Telecommunications firm Deutsche Telekom has announced the launch of a new machine-to-machine (M2M) marketplace to ’bring together global supply and demand’.

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Mars on track to meet sustainable cocoa target

Confectionary giant Mars has announced that it is on track to meet its pledge made in 2009 to purchase all its cocoa supplies from certified sustainable sources by 2020.

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Total cost of purchasing model ‘essential’ to managing rising costs

Some seven out of 10 UK businesses rate rising costs as the “biggest threat” to their revival, a consultancy has warned.

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UK companies back new technical training colleges

Fifteen new University Technical Colleges (UTCs) are set to open with the backing from employers including Jaguar Land Rover, British Airways and Virgin Atlantic.

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Earthquake hits Italian auto heartland

The series of recent earthquakes to hit Italy risk destabilising the country’s automotive supply chain, with key suppliers and manufacturers being forced to close facilities.

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Indian carmakers steer toward local sourcing as rupee falls

India’s automotive industry is turning its sourcing attentions towards domestic suppliers due in part to a drop in the value of the rupee.

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Nokia to get tough on suppliers’ sustainability

In its 2011 sustainability report mobile phone giant Nokia has said that it will be placing an increasing focus on supplier performance to add to the improvements it saw over the last year.

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UK offers opt out for European carbon-reduction scheme

The UK government has unveiled plans to allow certain companies and public sector organisations the option to opt out from the EU ETS from 2013 as part of Government efforts to cut down on red-tape.

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Packaging industry ‘strangled’ by red tape

The Confederation of Paper Industries (CPI) Corrugated Sector is asking the UK government to take action to reduce the amount of red tape that is “strangling” the UK packagaing industry.

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