Category Archives: News

Bournemouth hotel takes control from ‘dictating’ suppliers

The Queens Hotel and Spa has signed a contract with Pelican Buying Company to save between 8 to 10 per cent on its food costs.

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Businesses ‘too scared’ to make the wrong hire in procurement

Worries over appointing the wrong person are holding back permanent appointments in the job market, but CPOs are urged to take “calculated risks” to support their company.

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Medium-sized companies ignorant of Bribery Act

“It’s a concern that so many firms still don’t know what it is and what it means for them,” said John Smart, partner at Ernst & Young.

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Service sector shrinks for first time in two years

A lack of new business led companies to implement cost control and budget cuts, according to the latest Purchasing Managers’ Index for the sector.

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Savings double from effective SRM in 2012

Businesses are increasing collaboration with suppliers and reaping the cost benefits, but supplier innovation remains an area of “untapped opportunity”.

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Government predicts £600 million savings from shared services

Central departments will be expected to move back-office work, including procurement, to privately run shared service centres by the end of 2014.

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Avis zips up deal for car sharing company

The car rental group expects to make annual savings of $50-$70 million (£31-£43 million) through its acquisition of Zipcar, by consolidating spend and more efficient use of stock.

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UK construction sector paints ‘a depressing picture’

Activity in the building industry suffered the fastest rate of contraction since June last month, according to the Purchasing Managers’ Index.

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Progress on procurement, but ‘major weaknesses’ remain in Tanzania

Public authorities are increasingly adhering to procurement legislation in the African country, but there are still serious problems of non-compliance.

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Economic pressure will demand ‘dynamic’ supply chains in 2013

“Extreme” emphasis on price reduction has made supplier relationships more confrontational, according to Crimson & Co.

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