Category Archives: News

Ex-Innospec boss pleads guilty to bribery

Paul Jennings admits two charges of conspiracy to corrupt by making payments to secure contracts.

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Buyers play venture capitalists’ role

Global mining firm CPO says there are similarities when investing in suppliers to develop capability.

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Zimbabwe bank governor urges preferential procurement

Gideon Gono of the Reserve Bank of Zimbabwe says government should boost economy by purchasing from domestic firms.

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M&S saves £185 million through sustainability

The UK retailer has recorded £185 million in benefits since establishing its ‘Plan A’ scheme in 2007.

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Lockheed replaces 240 suppliers with a single vendor

The defence and security manufacturer has signed an agreement with one supplier for the procurement of around 22,000 electronic components.

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More e-procurement could cut corruption in Europe

Greater investment in electronic purchasing would provide greater transparency and reduce the potential for fraud and corruption in public procurement, says Transparency International.

Posted in 2012, cat-news, Fraud & corruption, International, News, Purchasing, Risk & continuity, Technology | Comments Off on More e-procurement could cut corruption in Europe

Sharp increase in protectionism

A quarter of all restrictive trade measures introduced since October 2008 have been implemented in the past eight months, according to the European Commission.

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JBS threatens Greenpeace with legal action over claims

The Brazilian food manufacturer says the environmental organisation’s allegations of sourcing cattle from farms accused of deforestation are false, frivolous and unfounded.

Posted in 2012, cat-news, News, Purchasing, Supply chain, Sustainability | Comments Off on JBS threatens Greenpeace with legal action over claims

Guar bean price rise hits Halliburton

High demand for guar gum, used in the fracking process to extract gas, means the US oil and gas equipment business expects margins to be up to 5.5 per cent lower than last year.

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UNICEF set for $735 million saving boost

Discussions with vendors, improved competition and better market analysis has slashed the amount the organisation spends

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