Author Archives: Procurement Leaders News

Spiralling demand for copper will lead to a “vast deficit” of the mineral on international commodity markets, experts have warned.

Experts have warned that organisations moving to shared services or outsourcing arrangements may “hinder business goals”.

Advances in group sourcing at embattled British bank Lloyds will be a core strategy for addressing at least some of its massive £3.5bn loss, according to its latest results statement.

China has unveiled plans to ramp up domestic production of rare earth elements over the next four years.

Nokia has signed a supplier deal to ensure that the tantalum it sources comes from conflict-free sources.

US containerised shipping exports reached a record high in 2011, new market data reveals.

Procter & Gamble (P&G), the world’s largest household products company, is aiming to cut costs by $10bn by the end of 2016, which will include significant job cuts across the business after it came under pressure from investors to improve its perf…

The group CEO of Neptune Orient Lines, the parent of Southeast Asia’s biggest container line, has announced plans to cut $500m in costs, following ‘disappointing’ performance in 2011.

French industrial group Schneider Electric has reported that hikes in key commodity prices, which added €463m to its costs last year, are being brought under control through renegotiation of terms with suppliers.

Technology giants Hewlett-Packard and Dell are keeping a close eye on rising wages amongst their Chinese suppliers with both unsure where these costs will be absorbed.