Author Archives: Procurement Leaders News

Greek companies could do more to help them cope with the ongoing economic turmoil in their country, according to research by consultancy State of Flux.

Brazil’s Transpetro, the transportation arm of state-run oil giant Petrobras, has suspended the purchase of 16 out of 22 oil ships ordered from EAS as part of its fleet-renewal programme.

Japanese technology giant, Panasonic, could be set to halve the numbers of its staff at its headquarters, a move which could see the procurement team transferred to affiliated segments.

The US retail property sector witnessed a moderate recovery in the first quarter of 2012 led by retail investment sales, as trades of large retail properties increased nearly 90% over Q1 2011, new market data reveals.

The level of tolls – including those for goods vehicles – on new, privately built parts of the UK roads should be restricted, a pressure group has urged.

Planemaker Airbus has signed a $2bn multi-year agreement with aluminium provider Constellium to support all its aircraft programmes.

Clothing retailer H&M has announced plans to source more goods from Bangladesh to take advantage of low labour costs, despite concerned about working conditions.

Pratt & Whitney Canada SEA, located in Singapore, has signed a five-year Maintenance, Repair and Overhaul (MRO) agreement with Pacific Royale Airways, an Indonesia-based airline.

The US Deputy Secretary of Energy Daniel Poneman (pictured, centre right) has earmarked $11m in research and technology grants of up to $150,000 to nearly 70 businesses across the country.

For the third consecutive year in a row automotive giant Ford has exceeded its goal of sourcing 10% of its US production and non-production purchases with suppliers from a diverse background.