Purchasing Practice

Purchasing profession enjoys huge rise in popularity

dave — Fri, 03 Sep 2010 16:29:40 +0000

The rising profile of procurement has seen the number of UK purchasing managers more than double in a decade.

According to the Office of National Statistics’ (ONS) Labour Force Survey  the number of people identified as “purchasing managers” has increased every year, from 24,000 in 2001 to 53,000 this year, an increase of 121 per cent.

Automotive suppliers seek cost recovery on raw materials

dave — Thu, 02 Sep 2010 16:39:48 +0000

Suppliers to automotive manufacturers are seeking contractual changes to take account of rising raw material costs.

Microsoft Selects Hiperos Extended Enterprise Solution

dave — Thu, 02 Sep 2010 16:08:27 +0000

Microsoft announces it is to use Hiperos as platform for global supplier risk and relationship management.

Parts shortage hampers electronics supply chain

dave — Wed, 01 Sep 2010 17:46:58 +0000

A shortage of finished components has led to congestion in the electronic manufacturing industry supply chain, according to research firm iSuppli.

Reducing public sector purchasing costs?

dave — Wed, 01 Sep 2010 16:33:51 +0000

Making savings in the £220bn cost of procuring goods and services for the public sector looks a much more palatable proposition than making service cuts

Additional Delays Cripple Boeing’s Strategic Options and Financial Strength

dave — Mon, 30 Aug 2010 20:56:27 +0000

With announcements of another 787 and another 747-8 delay likely this week, the credibility of Boeing being able to deliver on its promises has taken another hit — and leaves folks wondering if these aircraft will enter service in the first quarter of 2011. The additional costs from delays and corrective measure threaten profitability and the timing of 737 and 777 replacement/ enhancement programs, eroding Boeing’s future competitive position.

Boeing May Risk More Penalties After Sixth Delay on Dreamliner

dave — Fri, 27 Aug 2010 17:06:08 +0000

Boeing Co.’s sixth postponement of its 787 Dreamliner puts the planemaker at greater risk for paying penalties to customers frustrated by more than 2 1/2 years of delays, analysts said.

Airlines braced for today’s move after Boeing signaled in July that the jet might not enter service until early 2011 instead of 2010, said Richard Aboulafia, an analyst at consultant Teal Group in Fairfax, Virginia. Demands for compensation may rise should the timetable slip again, he said.

Rolls-Royce engines cited as cause of latest Boeing Dreamliner delays

dave — Fri, 27 Aug 2010 16:31:04 +0000

US aerospace firm Boeing has been forced to further delay its Dreamliner aircraft programme because it is awaiting the supply of engines from Rolls-Royce.

Xchanging moves to reassure investors

dave — Fri, 27 Aug 2010 16:26:25 +0000

Procurement outsourcing company Xchanging has said rumours that its finances lack strength are “baseless”.

The robust reassurance to investors from founder and chief executive David Andrews followed speculation in the stock market that had caused a 40 per cent fall in the firm’s share price over the past three months.

Retailers scrambling to shift production out of China must balance cost against quality

dave — Thu, 26 Aug 2010 19:22:24 +0000

Those retailers that were late in diversifying their sourcing out of China may find that quality, on-time delivery and production are at risk. This outweighs the threat of any cost increases, according to UBS analysts.