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A fall in the price of used cars will lead to a wave of consolidation in the leasing industry, according to Lex Vehicle Service. It said firms offering cars on long-term contracts were particularly hit, as buy-back values are calculated three years in advance and are now worth less than predicted.

Single sourcing risks

Q: How do I manage the risk associated with a sole supplier policy for strategic materials and services?

FTA slams white paper

Roll out the software

Sainsbury’s Supermarkets will be introducing a system based on Microsoft’s Value Chain Initiative for hundreds of its suppliers. The software allows trading partners to share information and synchronise business processes.

M&S seeks flexibility

Measuring performance

Partnership sourcing may sound impressive but it can carry hidden dangers, warns David Pearson

The arguments for EMU

Imagine the US without a common currency to see how farcical the European situation is, writes Monty Burton

Procurement Marketing

It’s that time of year again, and every time it gets more difficult to pick the book of the year. Caught up between indecision and greed, I had to choose three. The first, in the field of purchasing, would be Udo Koppelmann’s Procurement Marketing for daring to take a different approach to purchasing - an approach that is badly needed.

No go for Swindon car

Honda has postponed plans to build a small car for Europe at its Swindon plant because of the strength of sterling and the weakness of the euro. But the Japanese car manufacturer will increase production of its CR-V sports utility vehicle and export it to the US as well as Europe.

GM cuts process times

General Motors (GM) in Europe claims to have cut transaction processing times by 20 per cent and will soon expand its web-based retailing and supply purchasing systems. However, it will replace the online parts supplier and auction site TradeXchange with Covisint, set up by GM, Ford and DaimlerChrysler, when it begins trading next year.