Welcome Friday, March 19, 2010
Global Sourcing News
CBI talks up ray of hope for UK manufacturing sector
Overseas demand for UK-made goods is continuing to recover with export orders at their least depressed levels since August 2008, according to new research.
China fuels global growth in oil demand
A leap in oil demand in China this January has led the International Energy Agency (IEA) to revise its global oil demand forecast.
09:02, 17 Mar, 2010
Analysis: Where next for global sourcing?
India and China's reputations as the heavyweights of the sourcing world is well-established and well-known to pretty much everyone. But as low-cost-country sourcing goes, this hegemony has its rivals in the making.
16:08, 04 Mar, 2010
US car makers gear up for global sourcing
Moves by General Motors, Ford and, to a lesser extent, Chrysler to switch their North American production from largely regional to overwhelmingly global platforms is going to create growth opportunities for suppliers, market watchers predict.
10:07, 12 Feb, 2010
China's 'racing growth' prompts rate rise fears
Data from the HSBC China Manufacturing Purchasing Managers' Index (PMI) shows that the country is enjoying "racing growth", prompting speculation that a rate rise is imminent.
09:23, 03 Feb, 2010
Walmart talks up benefits of global sourcing
A Wal-Mart Stores senior executive yesterday reiterated the retail giant's commitment to a global sourcing strategy, claiming it will help to reduce costs of goods, accelerate speed to market, and improve the quality of products.
09:21, 02 Feb, 2010
$4m project to link India's farmers to urban markets
A $4m Agribusiness Systems International (ASI) project aims to double the incomes of small-scale fruit and vegetable farmers in India by linking rural farmers with market outlets.
09:13, 29 Jan, 2010
Analysis: Wal-Mart move provides food for thought
When Wal-Mart acts, the world takes note. So when the American retail-giant last week announced ambitious plans to turn up the heat on its global sourcing operations its little wonder that the headlines of snow and ice were relegated to the back burner.
17:26, 12 Jan, 2010
China mulls 'buy Chinese' state procurement directive
Chinese proposals that have been drafted to force the country's government to favour products from China when it comes to public procurement could create headaches for foreign firms, according to media reports.
10:37, 18 Dec, 2009
Analysis: Cautious optimism greets year-end economy
The die is cast, as the saying goes. As you read these words, there remain precious few business days left in the fourth quarter of 2009 - a year that is likely to have witnessed, when the final figures are known, the sharpest economic downturn in over 50 years. But what will Q4's economic scorecard show? In the short but brutal history of this recession, few quarters have been as critical.
09:14, 14 Dec, 2009
