Purchasing Practice - Buying Magician Blog

Suncorp rules out outsourced IT as customers go online

dave — Thu, 02 Feb 2012 20:43:48 +0000

Suncorp’s shared services chief Jeff Smith has ruled out technology outsourcing, describing IT as a central part of the banking and insurance group as more customers go online.

DuPont, Suntech sign strategic agreement for supply of PV materials, technologies in solar market

dave — Thu, 02 Feb 2012 00:41:41 +0000

DuPont and Suntech Power Holdings announced that they had entered into a strategic agreement with an overall goal of augmenting the supply of PV materials and technologies in the global solar energy market.

IBM Completes Acquisition Of Emptoris

dave — Thu, 02 Feb 2012 00:34:20 +0000

(RTTNews.com) - International Business Machines Corp. (IBM), Wednesday reported that it has completed the acquisition of strategic sourcing company, Emptoris Inc.

North America Lags on Supplier Emission Cuts

dave — Thu, 02 Feb 2012 00:30:08 +0000

North American suppliers are likely to fall behind in the race to capitalize on climate change opportunities, scoring a D average on emissions performance compared to the C average for European and Asian suppliers, according to research published today by the Carbon Disclosure Project and Accenture.

Japanese auto suppliers to pay price-fixing fine

dave — Mon, 30 Jan 2012 20:03:56 +0000

January 30, 2012 | Associated Press

WASHINGTON – Two Japanese auto suppliers have agreed to pay more than half a billion dollars in criminal fines for a price-fixing conspiracy in the sale of parts to U.S. automakers, the Justice Department announced Monday.

12 companies join German commodity alliance

dave — Mon, 30 Jan 2012 19:50:13 +0000

German companies plan cooperation on commodity sourcing

HAMBURG, Jan 30 (Reuters) - Twelve German companies have joined the new German alliance aimed at securing raw materials supplies in the face of growing competition for key commodities, the Federation of German industry BDI said on Monday.

World Economic Forum report calls for new models to address supply chain and transport risks

dave — Wed, 25 Jan 2012 20:55:43 +0000

A World Economic Forum report released today calls for new models to address supply chain and transport risks. The report, New Models for Addressing Supply Chain and Transport Risks, produced in collaboration with Accenture, highlights the urgent need to review risk management practices to keep pace with rapidly changing contingencies facing the supply chain, transport, aviation and travel sectors.

Apple Supplier Elpida May Gain Life Support Amid Chip Slump

dave — Wed, 25 Jan 2012 20:37:54 +0000

Jan. 25 (Bloomberg) — Elpida Memory Inc., facing a deadline to repay $1.2 billion of debt by April, may gain financial support for the second time in three years as Japan seeks to keep the company alive amid a slump in the chip market.

Obama State of the Union address could have big SCM & CSR implications for CPO’s

dave — Wed, 25 Jan 2012 20:28:20 +0000

In his State of the Union address, President Obama stressed ways tech companies like Apple can boost America’s economic recovery, calling for an end to moving jobs and resources offshore.

Apple Becomes Top Semiconductor Buyer in 2011

dave — Tue, 24 Jan 2012 19:17:07 +0000

January 24, 2012 01:19pm EST

Apple in 2011 became the biggest purchaser of semiconductors, beating out all other leading electronic manufacturers, including Samsung Electronics and HP, technology research firm Garner said on Tuesday.