Category Archives: Risk & continuity

Businesses perceive ‘high risk’ threat from supply base

One in twelve UK firms think more than half their vendors represent a high risk to their organisation.

Posted in 2012, cat-news, News, Purchasing, Risk & continuity, Supply chain | Comments Off on Businesses perceive ‘high risk’ threat from supply base

Gold miner looks to local labour

African Barrick Gold plans to invest in boosting the skills of local workers to combat rapid inflation in the international labour market.

Posted in 2012, cat-news, International, News, Purchasing, Risk & continuity, Supply chain | Comments Off on Gold miner looks to local labour

Bill for environmental impact would hit earnings

Businesses are warned it would be “prudent” for them to expect to have to pay for their environmental impact in the near future.

Posted in 2012, cat-news, News, Purchasing, Risk & continuity, Sustainability | Comments Off on Bill for environmental impact would hit earnings

News Focus: Defending spending

How do you solve a problem like MoD procurement? If history is anything to 
go by, not easily, says Adam Leach.

Posted in 2012, cat-news, Ed's choice risk & continuity, News, News focus, Public sector, Purchasing, Risk & continuity | Comments Off on News Focus: Defending spending

Mining giant’s profits drop following aluminium acquisition

Rio Tinto’s chief executive declines bonus over his part in the deal that saw the value of the acquired company drop an estimated £5.6 billion.

Posted in 2012, cat-news, Ed's choice risk & continuity, International, News, Purchasing, Risk & continuity | Comments Off on Mining giant’s profits drop following aluminium acquisition

Incidents of procurement corruption uncovered at South African university

Minister Nzimande: “We will call on our courts to impose the maximum sentence where cases are proven.”

Posted in 2012, cat-news, International, News, Public sector, Purchasing, Risk & continuity, Southern Africa | Comments Off on Incidents of procurement corruption uncovered at South African university

Hubwoo quarter four profits rise

The company’s revenue for the fourth quarter was €9.5 million (£7.9 million), but it suffered an 8 per cent fall in total revenue in comparison with the same quarter in 2010.

Posted in 2012, cat-news, International, News, Purchasing, Risk & continuity | Comments Off on Hubwoo quarter four profits rise

Buyers told to stockpile ahead of Olympics

“The street outside is going to be choked with coaches leaving at a rate of 700 an hour.”

Posted in 2012, cat-news, News, Purchasing, Risk & continuity | Comments Off on Buyers told to stockpile ahead of Olympics

Procurement fraud costs UK more than £5 million

KPMG’s Fraud Barometer finds seven cases of purchasing fraud totalling £5,096,805.

Posted in 2012, cat-news, Fraud & corruption, News, Purchasing, Risk & continuity | Comments Off on Procurement fraud costs UK more than £5 million

Climate change presents a ‘material risk’ to the supply chain

A report warns the majority of organisations have not faced up to the problems and disruption that a changing climate will cause to business operations.

Posted in 2012, cat-news, News, Purchasing, Risk & continuity, Supply chain, Sustainability | Comments Off on Climate change presents a ‘material risk’ to the supply chain