Bartering is set to take off, thanks to the Internet, but specialist barter companies must set universal standards, a financial expert has warned.
Search Page
A major benchmarking study for waste management in higher education is about to be launched as pressure mounts on university purchasers to consider environmental implications of buying practices.
Companies must be careful of their reputation with suppliers when finishing partnerships or they could end up paying higher prices elsewhere, a consultant has warned.
New legislation could help small suppliers suffering late payments from other small companies, according to a senior analyst.
Pharmaceutical giant Boehringer Ingelheim has eliminated purchasing paperwork as a result of its new e-procurement policy, writes Liam O’Brien.
Holger Huels, chief financial officer of the US-based company, told an electronic commerce for pharmaceuticals conference in London last month that the policy should cut £581 million off its annual procurement spend.
Holger Huels, chief financial officer of the US-based company, told an electronic commerce for pharmaceuticals conference in London last month that the policy should cut £581 million off its annual procurement spend.
Britain’s overall procurement strategy group for higher education has reassured purchasing professionals that any moves towards a central purchasing function will not be forced upon the sector.
Computer giant IBM, which saved more than £160 million on a £27 billion purchasing spend through e-commerce in 1999, plans to conduct 95 per cent of its buying electronically by the end of the year.
IT suppliers are due to meet senior government officials next month to discuss problems with public-sector IT projects.
Parcelforce Worldwide has appointed a manager to oversee all environmentally aware practices, from waste recycling to efficient electricity usage, writes Vanessa Pawsey.