Category Archives: cat-news

Barclays turns to open source software for savings

Reports by Computer Weekly suggest that the bank will cut its software development costs by up to 90%, equal to billions of pounds worth of savings, but the plan will also bring many other benefits.

Barclays plans to introduce a Linux system, which r…

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Supplier probe hits Yum! China sales

KFC, which is owned by Yum! experienced a greater decline in same-store sales than forecast as a result, it claimed of “adverse publicity associated with a government review of China poultry supply”. Sales fell in China by 6%, compared with a projecti…

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AkzoNobel on board with sustainable shipping

The largest global paint and coatings company and producer of specialty chemicals in the world, AkzoNobel joins a group of 18 global companies, including Maersk Line, Cargill and Unilever in committing to the sustainability forum.

The SSI, a global s…

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US non-manufacturing sector enjoys 36th month of growth

The latest Non-Manufacturing ISM Activity Index registered 60.3%, which is 0.9% point lower than the 61.2% reported in November, reflecting growth for the 41st consecutive month. The New Orders Index increased by 1.2% points to 59.3%.

According to th…

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Global marketing spend continues to fall

Warc’s Global Marketing Index reported that marketing budgets continued to show a decline globally in December. European marketers were found to remain the most pessimistic and expect budgets to continue to fall (44.8). In Asia Pacific budget ex…

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Network Rail to boost procurement efficiency

The rail operator plans to reduce the cost of its procurement operations by 2019, under the organisation’s business plan published today.

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Better stakeholder relations tops procurement priority for 2013

Nearly half of buyers have cited improved engagement with stakeholders as their key aim for the year ahead in an SM poll.

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CFOs on the defensive despite increased optimism

A report has found finance directors are focusing on strategies such as cost reduction, even though they feel more positive about the prospects for the year ahead.

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Countries must share data to build disaster resilience

The World Economic Forum has called for each nation to create a country risk officer position, to share information and tackle supply chain disruption.

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UK to clamp down on late payments

Following complaints from small and medium-sized businesses, some of which are being forced to wait 180 days for payment from their large customers, business and enterprise minister Michael Fallon wrote to the CEOs of the largest 350 companies in the …

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