Quantum Procurement is pleased to provide you with the latest news and trends in the purchasing industry.
GE begins legal proceedings against Whirlpool
In a complaint filed on the 15 February in a federal court in the US state of Kentucky, GE has alleged that Embraco North America, a venture controlled by consumer goods giant Whirlpool and two other European suppliers, Danfoss of Denmark and Househol…
Read More...Consultants urge revamp to corporate reporting
Consultancy KPMG has urged companies to focus on the area and make it “fit for purpose” in a rapidly changing world.
The consultancy published a new report, The future of corporate reporting: towards a common vision, which warns that improved reporti…
Read More...Aeroflot seals European joint venture
The stated objective of the suggested project was to optimise Aeroflot MRO and lower costs for technical maintenance of aircraft. The board considered a viable creation of two joint ventures – for aircraft maintenance and repair operations and c…
Read More...Prisons should be subject to fixed-term contracts
Think-tank Reform has called for contracts to run all prisons in England and Wales to be competitively tendered and said these deals should run for fixed lengths to improve accountability.
Read More...Office Depot and OfficeMax agree merger
The two office supply companies have agreed to merge, and have forecast up to $600 million (£392 million) savings over the next three years.
Read More...Vanilla farmers scoop investment from Häagen-Dazs
The ice cream brand, owned by the General Mills, is to spend $125,000 training farmers and improving production techniques in Madagascar to create a more sustainable supply of vanilla.
Read More...CombineNet and Transplace renew partnership
Sourcing technology solution provider CombineNet and transportation management services and logistics technology firm Transplace made an initial agreement three years ago but have now signed a deal to work together for a further three.
The solut…
Read More...Web-based offering claims to cut HR costs
The Job Pairin offering is designed to identify optimal interview candidates by comparing them to the Gold Standard created through testing of existing employees in the same positions according to 137 peak performance drivers.
The offering was create…
Read More...UK freight group demands ‘more robust’ supply management
“This is clearly a substantial Europe-wide incident, which is still unfolding, and one that poses a major challenge to the robustness of procedures and standards within the European Union meat marketplace,” the organisation said in a statement.
“This…
Read More...Companies will "gamify" training content
The analyst house states that businesses and training providers have taken to “gamifying” their training material. By transforming boring data into fun games, fixed corporate objectives can be achieved more easily.
For instance, Thomson Reuters has r…
Read More...