Author Archives: Procurement Leaders News

The US Food and Drug Administration has moved to increase the supply of “critically needed” cancer drugs in the face of a growing shortage.

The global phosphates market is “on an unparalleled rise”, according to commodities experts.

Waitrose is the latest UK food retailer in the spotlight over decisions to fine suppliers for late deliveries, a move which has been met with a storm of protest. The news comes after reports of suppliers hitting back at similar plans by retail giant…

Huawei, one of the world’s largest providers of internet and telecom technology, has placed an order of around $6bn for microchips and other components with three California-based technology firms.

FTSE-100 building materials company Travis Perkins claims that improvements in sourcing have positively impacted like-for-like sales, which saw a 6% increase to take total revenues to £4.8bn for the year.

Nickel, which rose from $18675 per tonne at the beginning of this year to $21025 per tonne in mid-February, could be set to fall as mining companies and refineries produce more of the metal than ever before.

Retail giant Tesco has imposed a new system of fines on its suppliers for missed or late deliveries which are causing shortages at depots and costing millions in missed sales.

A significant supply chain optimisation programme at Campbell Soup initiated last year contributed to a $63m restructuring charge in the second quarter, the company has claimed.

Xchanging, the business process and technology services provider and integrator, has been forced to reduce its margins to win a three-year procurement services contract renewal with defence group BAE Systems.

Walmart has announced that the presence of a “solid” supply chain was a factor in its decision to increase investment in the holding company of Yihaodian, an ecommerce website in China.