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IFPSM MEMBER ASSOCIATIONS

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September 2009

NEWS

Japan Tobacco buys leaf vendors to secure supplyJapan 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 auctionThe 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 complianceUK 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 buyersThe economic downturn has intensified the procurement talent war according to a study by Capgemini.
Global supply chain price pressures on the riseThe 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 complianceBuyers 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 policyBuy American may be an unsettling phrase for many Canadian suppliers, but it is a reality.
Top tips to improve your supplier relationship managementSupplier relationship management is a strategic approach increasingly adopted by procurement teams across the globe.

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