Welcome Thursday, August 28, 2008
Spend Management News
T&E spend squeezed as sky-high air fares take toll
The cost of business travel has sky-rocketed to a seven-year high, according to a new study.
Inventory revamp helps US giant bridge profit gap
Tighter inventory controls have helped US retail giant Gap record a massive leap in profits.
09:26, 22 Aug, 2008
India still dominating R&D offshore market
The number of companies offshoring IT R&D (research and development) work to India is to set to soar, a new study has found.
09:31, 21 Aug, 2008
British firms still coasting in China
British companies are failing to grasp the opportunities on offer in China by not looking beyond the established centres of Shanghai and Beijing, a new government funded study has found.
13:50, 20 Aug, 2008
Joint procurement deal sets wheels in motion
Automotive giants BMW and Daimler are planning to adopt an innovative procurement approach in an attempt to cut costs, according to reports.
10:42, 12 Aug, 2008
Slackening demand fuels welcome decline in oil price
Oil prices have slumped to their lowest level in three months after a survey by Reuters suggested that supplies had increased for the third month in a row in July.
16:25, 05 Aug, 2008
Cost savings the name of the game as BA clips wings - Procurement Leaders exclusive
British Airways is looking to its procurement operation to achieve some much-needed cost savings after the company’s chief executive declared BA was in “the worst trading environment the industry has ever faced.”
10:22, 04 Aug, 2008
Rise in income spurs EADS to greater efforts
Aerospace giant EADS has announced further cost cutting plans as part of package aimed at saving the company a billion euros a year from 2011-12.
17:07, 31 Jul, 2008
Commodity price meltdown forces Cadbury’s hand
Soaring commodity costs are forcing confectionary giant Cadbury to review its costs, the company has said.
17:04, 31 Jul, 2008
Automotive giants gear up for action to halt slump
Chrysler LLC and General Motors (GM) are set to slash costs in an attempt to boost their flagging fortunes.
08:58, 31 Jul, 2008
= Online Global Members Only 
= Premier Members Only
