Author Archives: Procurement Leaders News

Supply chain finance deal takes off for Boeing and Ex-Im Bank

The Export-Import Bank of the United States (Ex-Im Bank) has announced that the Boeing Company is participating in its Supply-Chain Finance Guarantee programme, which provides working capital financing to suppliers of goods or services to US exporte…

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Supply chain finance deal takes off for Boeing

The Export-Import Bank of the United States (Ex-Im Bank) has announced that the Boeing Company is participating in its Supply-Chain Finance Guarantee programme, which provides working capital financing to suppliers of goods or services to US exporte…

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Maritime supply chain limits US exports

US lawmakers have been told by a domestic trade association that the maritime transportation was a “weak link” for the country’s logistics that could damage international competitiveness.

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Apple supplier Foxconn boosts worker wages by 25% after inspections

Foxconn, one of Apple’s largest China-based contractors, has boosted its workers’ wages by around 25% after been subjected to inspections by a US labour rights group.

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Panasonic calls on suppliers to help reduce its greenhouse gas emissions

Panasonic Corp is expected to enlist the help of suppliers in a forthcoming initiative to reduce the environmental impact of its operations.

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Group sourcing crucial to DIY giant

Kingfisher, owner of B&Q in the UK and Brico Dépôt in France, is turning to group-wide sourcing to improve its fortunes, with key management changes being made to push through the vision.

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Procurement "mitigates" challenging period for Anglo

One of the world’s biggest mining companies, Anglo American, claims that a challenging final quarter of 2011, which saw declining commodity prices and falling demand, has been offset to some extent by the work done in its procurement function.

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Framework agreed to end slavery in global supply chains

A US consortium has developed a framework designed to combat human trafficking and forced labour across corporate supply chains.

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IT purchasing alignment key to Glencore-Xstrata merger

The high-profile plan for a merger between the mining and commodities giants Glencore and Xstrata should serve to highlight the importance of addressing IT considerations during due diligence, a consultancy has warned.

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Wal-Mart Stores shops for freight optimisation technology

Wal-Mart Stores has selected technology to underpin new load assignment and dispatch systems in a bid to improve freight efficiency by lowering the total miles driven by its US fleet.

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