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Ford of Europe is to raise its online spend to up to a tenth of its purchasing budget - around £700 million - by the year’s end. The move is part of a wider European restructuring to prepare for a three-year overhaul of its product portfolio. Ford will also cut its £700 million logistics spend by 20 per cent.

Littlechild to join panel

Ofgem has announced that former energy regulator Stephen Littlechild is to join a new advisory panel to look at gas and electricity regulation. Littlechild was director-general of electricity regulator Offer until 1998, when current Ofgem head Callum McCarthy took over.

General Accounting Office

Public Accounts Committee

Building the perfect team

Q: What steps can I take to create as balanced a team as possible within my purchasing department?

Implementing eProcurement

15-16 January 2003 - London; 23-24 June 2003 - Birmingham

EC Procurement Directives

24 October 2002 - The Royal College of Physicians, London; 29 January 2003 - Manchester; 15 May 2003 - London; 2 October 2003 - Edinburgh

Communications - Part One

Business checklist: categories of information

Inventory Management 2002

19-20 June 2002
Sheraton Hotel, Brussels

Late payment times shorten

UK firms have got better at paying their suppliers’ bills on time, according to a survey by Grant Thornton and Business Strategies, with average payment times falling from 52 days to 46. The average for the EU as a whole is 55 days; Greece is the worst offender - suppliers there wait an average of 87 days - while the Finns generally pay bills in 26 days.