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IFPSM MEMBER ASSOCIATIONS

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June 2009

NEWS

The end of low-cost country sourcingLow-cost country sourcing is over, but Western companies are yet to realise it. This is the view of Dr Eli Goldratt, physicist, business management guru and originator of the Theory of Constraints.
Volvo CPO: Innovation best way to help suppliersVolvo has ruled out financial assistance for struggling automotive suppliers, insisting that the ability to be first to market with innovative products is the best way to support them, according to the companys top buyer.
Clearing up corruption the Zambian wayZambian mining firm Mopani Copper Mines has attacked the problem of corruption by stigmatising those who solicit or accept bribes, according to its head of purchasing.
The seven secrets of strategic sourcingTreating suppliers as partners is vital in applying the seven secrets of strategic sourcing, delegates heard at last months ISM annual conference.
Zambias Copperbelt doubles savings targetZambian energy firm Copperbelt Energy Corporation (CEC) has doubled its savings target in the last year amid increased pressure to reduce costs during the economic downturn.
Manufacturing output contraction easesApril's manufacturing PMIs provided further evidence of an easing in the rate of output contraction across the world.

FEATURES

Outsourcing continues in downturnOn the surface, the worldwide outsourcing market appears to be suffering the effects of recession as much as any other sector.
How the recession is hitting procurementThe effects of the global economic downturn dominated the ISM annual conference in North Carolina last month. Many sessions - including dealing with supplier bankruptcy and leadership in challenging times - were specifically on that topic, while its effects were also obvious in other addresses.

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