Author Archives: Procurement Leaders News

Thomas Murray, a specialist custody rating, risk management, and research firm serving the global securities services industry, has reported a 50% reduction in the cost of its email marketing operations.

Driven by a “surge” in furniture and auto parts shipments to the US, containerised imports in March rose 7.3% year on year, new market data reveals.

Events such as last year’s Japan earthquake and Arab Spring (pictured) should act as a wakeup call to companies to evaluate the “change readiness” of countries in which they operate, business consultants have advised.

Following a similar agreement with Kazakhstan, Japan has reached a deal with India over the joint development of rare earth metals, used in products from cell phones to weapons.

Former cabinet minister Lord Andrew Adonis says way in which public sector bodies currently buy goods and services is ‘schizophrenic’.

Air Canada has said that it has begun proceedings to cancel its contracts with maintenance supplier Aveos Fleet Performance, which has been closed down and is seeking creditor protection.

Samsung Heavy Industries has awarded the topsides engineering and procurement support contract for the world’s largest semi-submersible oil and gas production facility.

Santander Global Facilities has extended an existing contract with GSH, a provider of energy and facilities management services.

An increasing number of CPOs are looking to extend payment terms with their suppliers over the coming months, according to the results of our May Procurement Intentions survey.

Manufacturing and consumer goods chiefs have warned of a strong economic headwind as raw materials costs continue to soar.