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June 2009
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June 2009
NEWS
The end of low-cost country sourcing
Low-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 suppliers
Volvo 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 company's top buyer.
Clearing up corruption the Zambian way
Zambian 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 sourcing
Treating suppliers as partners is vital in applying the seven secrets of strategic sourcing, delegates heard at last month's ISM annual conference.
Zambia's Copperbelt doubles savings target
Zambian 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 eases
April's manufacturing PMIs provided further evidence of an easing in the rate of output contraction across the world.
FEATURES
Outsourcing continues in downturn
On 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 procurement
The 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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