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September 2009
IFPSM MEMBER ASSOCIATIONS
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September 2009
NEWS
Japan Tobacco buys leaf vendors to secure supply
Japan Tobacco (JT), the manufacturer of Silk Cut and Benson & Hedges cigarettes, has acquired three of its suppliers to protect its sources of tobacco leaf.
US state to save $10 million following energy procurement auction
The US state of Massachusetts has awarded contracts for the supply of energy that will drive savings of $10 million (£6.07 million) over the next two years.
British firms unaware of UK and US anti-bribery compliance
UK companies are unaware of the impact domestic and US bribery and corruption legislation has on business conducted overseas, research has found.
Recession intensifies search for the best buyers
The economic downturn has intensified the procurement talent war according to a study by Capgemini.
Global supply chain price pressures on the rise
The Global PMI (purchasing managers index), compiled by Markit on behalf of JPMorgan, rose for the fourth successive month in July. A sharp increase also contributed to the index hitting a nine-month peak.
Tanzania to boost training for greater compliance
Buyers working in government in Tanzania are to receive training to improve compliance of purchasing processes.
FEATURES
Canada sees spectre of protectionism in Obamas Buy American policy
Buy American may be an unsettling phrase for many Canadian suppliers, but it is a reality.
Top tips to improve your supplier relationship management
Supplier relationship management is a strategic approach increasingly adopted by procurement teams across the globe.
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