Author Archives: Procurement Leaders News

Ocean carriers are floating plans to increase import trans-Pacific freight rates by $800 per 40-foot container.

The market for silicon is now heading towards sustainable growth, with Europe remaining the major marketplace for the material, new market research reveals.

Aluminium giant Novelis has announced that Nick Madden, senior vice president and chief procurement officer, has assumed additional responsibilities for leadership of the company’s global supply chain function.

The CEO of Airbus CEO Tom Enders was quoted in media report today saying that the company’s supply chain was “near its limit”.

UK fashion retailer River Island has announced plans to buck recent global sourcing trends and return its manufacturing operations to Great Britain.

More UK companies are checking on the creditworthiness of suppliers, according to The Registry Trust, which operates the Register of Judgements, Orders and Fines for the UK’s Ministry of Justice.

New Sony chief executive officer has warned that cost-cutting is a priority in the company’s TV business and supply chain as the company counts the cost of a fourth consecutive annual loss.

Asian companies have been urged to train their human resource professionals as supply chain managers to improve attraction and retention of highly skilled knowledge workers.

Despite “aggressive pricing” and special deals corporate IT procurement professionals held back from purchasing new PCs last year, new market data reveals.

Bunge, a leading supplier of agricultural commodities including grains and soyabeans, has said that it expects market conditions to remain challenging over the year ahead.