Category Archives: cat-news

SciQuest sees revenue soar by 18 per cent

The e-procurement software provider made $15.2 million (£9.71 million) in the second quarter of 2012.

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UK government aims to save £20 billion a year by 2015

Minister Francis Maude admits meeting the target won’t be easy, but says it is the right thing to do as he announces £5.5 billion efficiencies made in the past year.

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Gas field contracts set to create 1,200 supply chain jobs

Operators of the Cygnus gas field expect 80 per cent of the £1.4 billion of contracts will be awarded to UK suppliers.

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Fewer than half of firms use e-sourcing

More money is often spent on buying the technology than teaching staff how to use it, according to consultancy State of Flux.

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Wind farm cables face global deficit

Demand for power lines delivering electricity generated by offshore wind farms will outstrip supply by 85 per cent, a study predicts.

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Procurian acquires US energy purchasing business

Utilities Analyses is renamed Procurian Energy and will manage a spend of around $3 billion (£1.92 million).

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HMV buyers boost record with stakeholders

The retailer’s head of procurement tells SM the function has improved its reputation within the business as a result of a transformation programme.

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News focus: No security assurance

Could the G4S Olympic security contract have been managed differently to better effect, and if so, how?, asks Adam Leach.

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BHP Billiton cuts shale gas asset by $2.84bn

Value of shale gas plant acquired last year is halved over low gas prices

Posted in 2012, cat-news, International, News, Purchasing | Comments Off on BHP Billiton cuts shale gas asset by $2.84bn

Massmart kicks off local procurement programme

Wal-Mart-owned supermarket chain works with farmers to produce green beans and butternut squash through local supplier programme.

Posted in 2012, cat-news, News, Purchasing, Southern Africa, SRM | Comments Off on Massmart kicks off local procurement programme