Arrideo, the construction trading exchange, still has a future despite last month’s decision to postpone its launch indefinitely amid financial worries, according to Mel Zuydam, its chief financial officer.
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The chief executive of the government’s new Small Business Service has called on purchasers in large firms to think local as they search for supply chain efficiencies in a global economy.
Purchasing at the UK’s seven research councils is to be streamlined with the creation of a new joint organisation.
Electricity from idle stand-by generating equipment will increasingly fetch a premium price as suppliers seek to escape exposure to volatile prices on the spot market, according to industry experts.
American purchasing managers are increasingly anxious about the impact of the US economic slowdown, but many see it as an opportunity to raise their profile.
Companies launching Internet-based trading exchanges must give a strict assurance that they will not try to influence bidding, or suppliers will refuse to take part, a leading figure in the automotive industry has warned purchasing professionals.
A corporate travel contract has been won through an online auction on automotive e-marketplace Covisint for the first time.
Recently merged energy giant ChevronTexaco aims to cut its annual catering procurement spend by £14 million ($20 million) under a global contract.
Pay rises for purchasing professionals are running at more than double the rate of inflation, according to the latest salary survey from Purcon Consultants.