The UK government’s purchasing card has surpassed its £150 million throughput for low-value high-volume goods three months before the November target.
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Mitsui Babcock Energy Ltd, a utility boilermaker for the power industry, plans to cut its UK supplier base by two-thirds within the next two years.
David Hawkins, procurement director at MBEL, said the company is seeking to cut its 1,500 UK suppliers to fewer than 500 so-called “active” suppliers by 2001.
David Hawkins, procurement director at MBEL, said the company is seeking to cut its 1,500 UK suppliers to fewer than 500 so-called “active” suppliers by 2001.
More than 70 per cent of suppliers in the aerospace industry’s supply chain improvement programme have reported improvements in their customer relationships, according to an independent assessment.
Automotive suppliers in the West Midlands have become too reliant on car manufacturer Rover and many will be pushed out of the sector, according to an industry expert.
Suppliers to the Rover plant in Longbridge face hard contract negotiations and draconian measures, automotive industry experts have warned.
Restructuring of supply chains to cope with the impact of the US attacks could set the automotive industry back 10 years, said an industry analyst.
Vehicle manufacturers have rejected claims that this year’s record number of recalls proves that they are cutting corners on safety and not working closely enough with suppliers.
Only half of UK businesses say the Internet is a safe place for business-to-business transactions, a Confederation of British Industry (CBI) study has found.
American Express has launched an online payment service for international business-to-business procurement in more than 160 currencies.