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Europe says China's latest bid to join procurement agreement "highly disappointing"

China's proposed terms to join a global agreement on government purchases are "highly disappointing" and cover only 2-3 percent of its public procurement market, a European Union trade lobby group said on Thursday.


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World's Second Largest Steelmaker Posts $3.9 Billion Loss

Japanese steelmakers are also struggling against fierce competition from Chinese and South Korean rivals, while a global economic slowdown has weighed on demand for steel, used in everything from cars to smartphones.

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Govt buying goes online

Govt buying goes online | Global Supply Chain Management | Scoop.it

A government procurement website was launched Saturday at the Global Public Procurement 2012 Forum held in Wuhan, aiming to monitor and provide great transparency in the purchasing process of governmental office supplies and other expenditures

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$3.5tn global spend on local procurement 'woefully' mismanaged

$3.5tn global spend on local procurement 'woefully' mismanaged | Global Supply Chain Management | Scoop.it

Evidence suggests many countries do not collate basic data such as who spends public money, with whom and on what.

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Huawei announces a two billion USD investment and procurement plan for the UK

Huawei, a leading global information and communications technology (ICT) solutions provider, today committed to investing USD1 billion (GBP650 million) and to spend another USD1 billion (GBP650 million) in procurement in the UK over the next five years.

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Intel, Apple leading charge against conflict minerals

Intel, Motorola Solutions, Hewlett Packard and Apple are pioneering progress toward wiping out the use of conflict minerals - like tantalum, tin and tungsten - in their products, but other companies are lagging, according to a report by a nonprofit rights group.

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Justice probe nets Iran nuclear procurement ring

Justice probe nets Iran nuclear procurement ring | Global Supply Chain Management | Scoop.it

A federal grand jury has indicted Iranian and Chinese nationals on charges stemming from an alleged plot help Iran acquire advanced metals and other sensitive U.S. technology for its nuclear program, the Justice Department announced Friday.

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Uniqlo to phase-out wool from 'mulesed' sheep: PETA

Uniqlo to phase-out wool from 'mulesed' sheep: PETA | Global Supply Chain Management | Scoop.it

Japanese clothing giant Uniqlo will immediately phase out its purchase of wool from Australian suppliers who mutilate sheep in a practice called "mulesing," according to the People for the Ethical Treatment of Animals (PETA) Asia.

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Mars Chocolate to purchase nearly 90000 metric tons of cocoa this year

Mars Chocolate, one of the world’s leading chocolate manufacturers, announced today that it has made significant progress in just three years towards fulfilling its 2009 pledge to purchase its entire cocoa supply from certified sustainable sources by 2020.

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Influencing and Sourcing Nontraditional Spend Categories

Influencing and Sourcing Nontraditional Spend Categories | Global Supply Chain Management | Scoop.it

In their highly strategic session on the final day of the Conference, “Influencing and Sourcing Nontraditional Spend Categories,” Boston-Scientific Corporation Vice President, Global Sourcing Karen Weinstein and Tim Dolan, director of indirect procurement, global sourcing, began by sharing a tried-and-true axiom: You can’t improve what you don’t measure.

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South Korean e-procurement system booming worldwide

Koneps, or Korea Online E-procurement System, is drawing more attention from abroad than ever, the South Korean Public Procurement Service (PPS) said.

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Luxury fibers and fabrics: Suppliers' sourcing shifts

Luxury fibers and fabrics: Suppliers' sourcing shifts | Global Supply Chain Management | Scoop.it

Despite the challenging global economic climate, demand in the luxury sector continues to remain unscathed, with high-end apparel consumers not willing to compromise on quality.

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Boeing touts outsourcing for suppliers to Mexico

Boeing is encouraging its suppliers to attend a workshop next month to learn how to outsource business to Mexico.

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Global firms not put off by rising mainland costs

Most international companies will continue making purchases in the Chinese mainland even though costs are rising there, the China Federation of Logistics and Purchasing said on Thursday.

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Heinz makes groundbreaking freight agreement

Heinz makes groundbreaking freight agreement | Global Supply Chain Management | Scoop.it

Organised by Heinz's global procurement team, the company will benefit from considerable complexity reduction, enhanced supply chain visibility and a reduced supply chain cost.

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Samsung SDS, Commits to worldwide alliance with FreeBalance

FreeBalance and Samsung SDS today announced a global product and services alliance focused on public financial management and e-government in the public sector. The product and services portfolio from the partnership covers the entire spectrum of open government, transparency, public financials, procurement, revenue and human resources management.

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Govt procurement soars tenfold in 10 years after new law

Government procurement surged from 100.9 billion yuan ($15.9 billion) in 2002 to 1.13 trillion yuan in 2011, since the Government Procurement Law was enacted 10 years ago on June 29, according to the People's Daily Monday.

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Help is at hand for little women

IT IS the disconnect that backers of a new women-in-business movement hope will influence big business in choosing their suppliers: while 75 per cent of shopping decisions are made by women, businesses owned by women make up less than 1 per cent of suppliers to corporations and governments.

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The Rise and Rise of Procurement

The Rise and Rise of Procurement | Global Supply Chain Management | Scoop.it

Like CFOs of yore, procurement executives are shedding their roles as stewards and becoming what their companies need them to be: strategic thinkers.

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Procurement Innovation Can Drive Productivity Gains

Procurement Innovation Can Drive Productivity Gains | Global Supply Chain Management | Scoop.it

This is one of the conclusions of the McKinsey Global Institute Report on Productivity, prepared by McKinsey & Company in February 2011.

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