Author Archives: Procurement Leaders News

Tetra Pak to target 2.7 billion customers in developing world

New research from Tetra Pak has identified 2.7 billion low-income consumers in developing countries as the dairy industry’s “next big growth opportunity” due to an expected rise in prosperity, purchasing power and desire for packaged liquid da…

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Financial services firms under fire for graduate HR failings

Financial services firms must adopt a “different approach” to their graduates’ careers or risk the sector’s current talent shortage growing further, experts have warned.

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33% more US companies put CPOs at board level

A third more companies in the US have handed their most senior procurement executive a seat at the top table than they did 12 months ago, according to exclusive research conducted by Procurement Leaders.

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Petrobras pumps $1.1bn into supplier finance

South American oil giant, Petrobras, has announced that, since last June, its funding to suppliers through its low-cost financing programme has reached $1.1bn.

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LNG costs react to Japan’s nuclear shutdown

The closure of the Tomari No.3 reactor in Japan has raised fears over the effect on procurement costs of power elsewhere in the world.

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US railway automates maintenance and repair

The Florida East Coast Railway (FEC) has completed a technology roll out to modernise its equipment maintenance and repair operations.

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Gas-powered fleet reduces costs for Sunny Delight

Sunny Delight Beverages has announced the successful implementation of a compressed natural gas (CNG) fleet in Southern California.

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Nike sets labour standards ultimatum

Nike has told its manufacturers in the Far East that they will have to improve labour and sustainability standards or risk losing its business.

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Dunkin’ Donuts draws on supply chain strength in UK gambit

Dunkin’ CEO is reportedly confident that the company’s supply chain is ready to support its bid to expand into the UK market.

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Audi plans to remove procurement chief from board

Volkswagen’s Audi division is planning a leadership reshuffle and two executives are reported to be set to step down from the board.

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