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Many UK companies do not stick to their global travel-buying policies, industry experts have claimed, writes Elizabeth Bellamy.
Utility company Anglian Water has embarked on a strategic sourcing initiative as part of a programme to revamp its procurement.
Troubled retail group Storehouse is looking to step up supply chain savings after posting a £15.7 million loss.

The retailer, whose half-year pre-tax loss contrasts with a £38.7 million profit in the same period last year, has told shareholders it will accelerate its on-going programme of supplier-base cuts at its Bhs and Mothercare stores.
Truck manufacturer ERF has succeeded in wresting a 10 per cent saving from its £100 million-plus procurement budget after its takeover by truck company MAN nine months ago.
Barclays Bank is launching an end-to-end service in a attempt to secure a dominant share of the business-to-business e-commerce market.
UK retailers with worldwide trading interests must improve the accuracy of the data they exchange with suppliers for e-commerce to succeed, an industry group has claimed.
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