Category Archives: Home page top story

Pay rates rise for junior managers, but fall for senior managers

The average pay of junior purchasing managers increased by 6.7 per cent on 2011’s figures, according to the CIPS/Croner Salary Survey 2012 published today.

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EU proposes contracts block on protectionist nations

Suppliers from countries that do not have open public procurement markets could be at risk of exclusion from public tenders in Europe.

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US auto firms gear up for supplier collaboration

The American arms of Honda, Hyundai, Nissan and Subaru are the latest to join an initiative to boost supply chain sustainability where suppliers share ideas.

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Premier Foods aims for 4 per cent savings through supply chain

The manufacturer plans to make efficiencies after reporting an operating loss of £259.1 million.

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Silver proves more valuable than gold to Hochschild

The mining firm’s revenue from the precious metal rose by 37 per cent, despite producing less last year than in 2010.

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Clothing buyers told to cast garment-sourcing net wide

“Purchasers should have a radar that covers all Asian countries and the world near you,” Mike Flanagan, chief executive of Clothesource.

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92 per cent reviewed supply chain in wake of 2011 disasters

But just 12 per cent made or will make significant changes.

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Contract renegotiation to save taxpayer £200 million

The UK government has reduced the amount it will pay a major IT provider over the next five years.

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Senior execs unclear on procurement’s role

22 per cent of senior managers “are not at all sure” what procurement does and just 8 per cent believe purchasing is a “highly strategic” function, says poll.

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Half of buyers use social media to do their job

Asked whether the procurement function uses social media to do its job, 51 per cent said yes, with the remainder saying no.

Posted in 2012, cat-news, Home page top story, News, Purchasing, SRM, Supply chain, Technology | Comments Off on Half of buyers use social media to do their job