Welcome Friday, September 03, 2010
Value Creation News
Deregulated electricity offers US firms 'substantial savings'
Recent research has revealed that the ongoing deregulation of the US electricity industry can help procurement make substantial savings. The research was carried out by business advisory and advocacy law specialists McDonald Hopkins.
Procurement renegotiations helps save Santander £63m
Renegotiation of procurement contracts has helped Santander UK to reduce its retail banking administrative expenses by £63m from £680m to £617m in the six months ended 30 June 2010, like for like.
10:46, 01 Sep, 2010
China's silicon supply chain set for 'strain'
China's domestic price for poly-silicon has recently seen a 0.40 -0.46 million RMB/ton rise, and supply appears to be "strained" as possible shortages loom, market experts have warned.
10:37, 27 Aug, 2010
Spotlight: Anglo American and effective change management
For some companies, dramatic savings are just around the corner. Their procurement function is in such poor shape that when a CPO comes in, short-term savings, especially the kind that can please a board during a downturn, can be dramatic and quick.
10:51, 26 Aug, 2010
WPP continues to focus on procurement savings
WPP continues to focus on procurement savings, including tightening procurement costs, which it begun implementing in the aftermath of the credit crunch.
09:47, 25 Aug, 2010
Southeast-Asian "common market" to eclipse China
China's position as the world's manufacturing power house could be eclipsed by a "common market" of Southeast Asian nations by 2015, experts predict.
09:21, 24 Aug, 2010
Wal-Mart sees benefits of bottom line growth
The world's largest retailer, Wal-Mart has said it will continue to focus on curbing expenses to boost profits this year as consumer sentiment remains soft, and signalled a move away from steep price cuts that have hurt its margins.
09:55, 18 Aug, 2010
Spotlight: The Sainsbury's approach to supply chain finance
Though it has been treated with a range of cynicism, deference and ignorance, supply chain finance has been brought to the attention of many businesses in the UK and recently the Bank of England has labelled it as a tool with a lot of potential.
17:19, 13 Aug, 2010
Procurement savings to help Balfour Beatty trim £30m a year
Procurement optimisation and will form a key plank of building giant Balfour Beatty's ongoing operational efficiency programme to deliver savings of £30m, the company chief executive has revealed.
09:25, 13 Aug, 2010
European armies gear up for unmanned vehicle procurement drive
Military modernisation and procurement programmes are "slowly" pushing up European national demand for unmanned ground vehicles (UGV), according to new research.
09:40, 06 Aug, 2010
= Associate Members Only 
