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IFPSM MEMBER ASSOCIATIONS

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August 2009

NEWS

How to weather the commodity price stormIt's scary out there. The clouds and storms of recession are not abating. And for many companies, their very survival is still at stake. Determining the best purchasing strategy in these volatile times can be daunting to say the least.
Swedish public procurement research gets a boostThe Swedish Competition Authority (SCA) is to more than double the amount of money it provides to support research into public procurement.
Global hotel chain launches green IT planWorldwide hotel operator Fairmont has unveiled a plan to limit waste, conserve energy, reduce the companys carbon footprint and purchase responsibly.
Analysts predict fall in SCM technology market in 2009Spending on supply chain management technology is expected to fall this year as a result of the downturn.
US Mint buyer indicted on fraud chargesA buyer at the US Mint could face up to 245 years in jail and a maximum fine of $4.75 million if found guilty of charges of fraud, conflict of interest and making false statements to the government.
Buy America causes concern for EUThe European Union (EU) has outlined its concern over the wide variety of Buy America provisions that are preventing European suppliers winning business in the US.

FEATURES

Falling oil prices: not good for everyoneYou may think the global oil industry would be relatively protected from the worldwide downturn. Despite the economic troubles, cars still need to filled up, planes still need to be refuelled and factories still need to be powered.
Closing in on corruptionThe blight of corruption and its effect on the worlds poorest people has been increasingly in the spotlight over the past few months.

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