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IFPSM MEMBER ASSOCIATIONS

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March 2009

NEWS

Ocean freight benefits from decline in air cargoOcean freight volumes are likely to rise steeply at the expense of air transport, according to a report from the Supply Chain Consortium.
Chinese suppliers face slump as demand fallsVendors in China are suffering as buyers around the world reduce their demand for goods and attempt to extend payment terms.
Front of plane bargains, but who wants them?Plummeting demand in premium cabins is forcing airlines worldwide to slash fares for first class and business class, but economy fares are expected to hold steady in the year ahead.
Seven suppliers face rigging tenders for Canadian IT contractsSeven IT suppliers face criminal charges after being accused of rigging tenders to win contracts from the Canadian government.
Are there enough buyers in the US for the stimulus package?The Obama administration's $787 billion (£537 billion) stimulus package for the U.S. economy will have huge implications for procurement. Announced last week, the package aims to help the America out of recession.
Is this the end of the commodities slump?The end could be in sight for the great commodities slump that has seen prices collapse across the sector since last year, according to a leading commodities analyst.

FEATURES

How to spot a supplier in trouble, and what to do about it?There's no end of challenges facing procurement professionals in the grim current economic climate, but perhaps the biggest of all is identifying which of your suppliers are at risk.
Rapid descent for business travel spendTravel is the second-largest controllable expense for most companies, so it is little surprise this spend category is under attack by corporations in 2009. A survey of buyer members by the worldwide Association of Corporate Travel Executives (ACTE) in late January found that 71% expect their company's travel spend to fall this year, while 21% think it will stay the same. Only 8% believe it will rise.

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