Welcome Tuesday, March 16, 2010
Spend Management News
Packaging firm wraps up spend management project
Rexam, a consumer packaging company, has completed a spend management project designed to consolidate more than 20 different systems housing data across its global operations.
UK wasting 'hundreds of millions' on defence procurement
The UK Ministry of Defence (MoD) stands accused of wasting "hundreds of millions of pounds" annually on equipment procurement, a newly published Whitehall report reveals.
08:50, 05 Mar, 2010
RailCorp on track to 'transform' procurement processes
New Zealand agency Rail Corporation New South Wales (RailCorp) has revealed how the merger of the State Rail Authority and the Rail Infrastructure Corporation prompted it to "transform" its procurement capabilities.
09:15, 25 Feb, 2010
Banks force UK firms to find finance on credit cards
The UK Institute of Directors (IoD) reveals that almost two-thirds of UK firms seeking loans in the financial year 2009/10 were rejected by their bank, forcing around 20 per cent to finance their businesses with Credit Cards.
09:35, 17 Feb, 2010
Analysis: Services spend an antidote to continued economic gloom
In a few short weeks, the economic prognosis has changed: a U-shaped economic recovery from recession now seems rather less likely. And as firms once more focus on cost reduction in order to maintain profitability -- or stem losses -- the spotlight is shining on the opportunity offered by the improved procurement of services.
09:25, 16 Feb, 2010
IT procurement budgets set to 'soar' in EMEA
While many industries continue to struggle, procurement budgets for IT equipment and services across Europe, the Middle East and Africa are set to "surge" this year, a new survey claims.
08:50, 16 Feb, 2010
US consumer spending slides
US consumer spending slipped last month, according to new research. The Deloitte Consumer Spending Index ticked downward for the second month in a row, a decline which it primarily attributes to a slowdown in real wage growth.
09:29, 15 Feb, 2010
Crown streamlines corporate spending down under
Two of Australia's leading entertainment venues - Crown Melbourne and Burswood Perth - have embarked on an initiative to optimise procurement and streamline corporate spending.
09:46, 12 Feb, 2010
American consumers tighten belts after spending spree
The recent holiday season showed some hope for a resurgence in the US retail sector, but it appears consumers are now "back in the doldrums and not willing to spend their way out of the recession", according to new Consumer Reports Index research.
09:16, 11 Feb, 2010
'Black hole' widening in global defence budgets
Industry experts have warned that many governments the world over are suffering from "black holes" in their defence budgets.
09:25, 08 Feb, 2010
= Associate Members Only 
