Welcome Friday, September 03, 2010
Spend Management News
Rio Tinto digs deep for SaaS expense management technology
Global mining group, Rio Tinto is rolling out a hosted technology platform across its international sites to improve management of corporate expenses.
Coffee and sugar markets surge
Coffee and sugar prices have jumped to new highs on the back of a recent run of commodities speculation.
08:52, 23 Aug, 2010
UK government appoints central procurement chief
The UK government has announced that John Collington, the Home Office's group commercial director, will become the new head of procurement in the Efficiency and Reform Group.
09:29, 16 Aug, 2010
Toshiba targets $11.6bn foreign procurement savings
Japanese electronics giant Toshiba has unveiled ambitious plans to slash to cost of procuring components by one trillion yen ($11.6bn) over three years. The strategy centres on better use of overseas suppliers, according to media reports.
09:11, 16 Aug, 2010
Sir Philip Green sees procurement as UK's saviour
Sir Philip Green, the maverick billionaire boss of UK retail empire Arcadia which owns giants of the high street such as Top Shop and BHS, has pointed to centralised procurement as the answer to the UK's public-sector woes.
09:09, 13 Aug, 2010
Consulting spend 'inconsistent and fragmented'
The last twenty-five years have seen a huge increase in the use of third-party management consultants, but the procurement of such services is "inconsistent and fragmented", according to a new Datamonitor report.
09:34, 11 Aug, 2010
Anglo's procurement savings 'well ahead of expectations'
Increased commodity prices and improved procurement have helped Anglo American double its first-half operating profits and restore its dividend.
10:37, 03 Aug, 2010
Procurement optimisation saves Rentokil £40m
Ongoing supply chain, procurement and HR optimisation programmes have helped Rentokil Initial to achieve cost savings of £40m during the first half of the year - running ahead of a £75m full year target.
10:11, 03 Aug, 2010
Procurement helps Reed Elsevier rein in costs
Publishing company Reed Elsevier has reported that it has reined in increases in its underlying costs to 1% over the last six months by a programme of efficiency measures including procurement renegotiations.
09:29, 30 Jul, 2010
US Government purchasers urged to buy collaboratively
Government procurement offices have been urged to achieve improved value for money by buying certain goods more collaboratively in order to benefit from improved economies of scale.
11:27, 01 Jul, 2010
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