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November 2009

NEWS

US buyers speed up payment to vendorsFaster payment is good indication that US economy is making tentative recovery
PMI data highlights inflation fearsBottlenecks in the supply chain are building, probably because of shortages of stock, according to latest PMI data
Five steps to better deal renegotiationUS consulting firm outlines simple steps to avoid entering into contract renewal talks underprepared
Supply chains helping to cut costsSuccessful companies integrate supply chain with finance, IT or product development to make money more quickly, survey says
Top firms increase openness on emissionsCarbon emissions up, but rise is attributed to better reporting
Procurement chief suspended after critical reportAuditor general finds millions of rand wasted through overpayment and non-compliance with purchasing policy

FEATURES

Procurement scandal forces Canadian minister to resignA savage audit of the use of consultancy services by a health body has highlighted questionable purchasing practices
How to improve your IT negotiationsThe technical details of an IT contract remain the domain of the IT department, but bringing procurement into negotiations could save money in the long run

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