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The New Electricity Trading Arrangements (Neta) have entered the final testing stage and are on target for the planned launch date of 27 March, according to energy regulator Ofgem. The final stage includes a full simulation of Neta systems involving key participants and real data.
“Horrific” maverick spending of up to 35 per cent on its annual £2 billion of transactions has been a major driving force for implementing e-procurement at Consignia, according to the company’s supplier development director, Peter Stevens.
Online purchasing and supply chain management recruitment portal Buyer e-Recruitment is to expand with the purchase of the rights to the recruitment division of AWK Consultants.
A rift between Germany and its seven partners for a joint military transport aircraft has caused a delay in signing the final contract. Germany is seeking a 5 per cent cut in its negotiated price for 73 of the 196 planes to be built by Airbus. Germany is set to take the largest number of A400M planes, each costing £50 million.
Burns e-Commerce Solutions has launched a service to manage payments to suppliers. Customers using the beX Remittance Advice Delivery Service outsource invoice processing to Burns, which handles payment electronically. www.burnsecs.com