Author Archives: Procurement Leaders News

US trucking sees tonnage ‘surge’

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.8% in December after “surging” 3.9% in November.

The back-to-back increases in November and December were by far the best of gains of…

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Rare earth shortage ‘critical’ for energy security

As a result a team led by Ames Laboratory in Ames, Iowa, has been selected for an award of up to $120m over five years to establish an Energy Innovation Hub that will develop solutions to the domestic shortages of rare earth metals and other materials…

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Apple vows to tackle child labour

A report published following an extensive audit following worker suicides at one of its suppliers, Foxconn, found 106 cases of underage labour being used at its suppliers’ premises last year.

The company increased audits of working conditions a…

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UK retailers review meat supply chain

The burgers which were supplied by Irish food firm Silvercrest to retailers including Tesco as well as fast-food giant Burger King, were revealed last week by the British press to contain horse DNA.

Since the revelation was made, supermarket chain Te…

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Asia Pacific companies rein in printer procurement

“Due to the economic slowdown, most of the graphic print service providers have been conservative on their budget, and holding back their spending in purchasing or changing their large format printers,” IDC noted.

Most of the countries in the region …

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HSBC outsources FM across property portfolio

This is the largest facility management contract awarded to a single provider on a global basis by a financial services firm, according to HSBC.The practice of outsourcing non-core real estate functions to dedicated third-party experts has increased i…

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Efficiency the target despite Novartis reshuffle

Joe Jimenez [pictured], chief executive of the pharmaceuticals giant stressed continuity between Vasella and his replacement, Jorg Reinhardt, who will formally assume the role in August.

Jimenez said the company was continuing to seek efficiencies in…

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Costs force up airfares in 2013

Even though airlines have been constantly improving their operational performance and new aircraft models have become more fuel efficient, growing demand and rising cost for fuel and aircraft financing will inevitably result in climbing airfares for 2…

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Automakers bolster purchasing alliance

The two companies announced an alliance back in February 2012, aimed at restoring profit to their respective European sales, which have been hit severely hit in the wake of the global economic crisis that has seen consumer demand for cars slump.

At a…

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Facility management spend to reach $96bn

The global IFM market it set to be worth $96bn by 2017, according to Frost & Sullivan. “The global IFM market is in growth mode, not just in the emerging markets but also in the more mature markets,” noted Frost & Sullivan Partner John Raspin….

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