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Organizations in the News
Articles in category: Manufacturing & Automotive
Almost all companies today are aware of their labor or material costs... but what about energy consumption?
It all comes down to having the energy data needed to determine what actions you must take to improve. The payoff is worth it, as insight into energy data allows you to make more valuable, relevant operating decisions.(Read Full Article)
In our latest 2015 Trend Report, we surveyed CPOs around the world to understand their strategic intentions for the next twelve months. Will procurement headcount increase or not? And, what about procurement technology, and risk management?(Read Full Article)
Consortium China North Rail (CNR) Rolling Stock South Africa (RSSA), led by Chinese locomotive manufacturer CNR Dalian, has ordered 232 MTU Series 4000 engines from Rolls-Royce Power Systems for State-owned Transnet Freight Rail’s (TFR’s) new freight locomotives. The €100-million order would see the delivery of Rolls Royce subsidiary MTU’s “most powerful” locomotive engines between 2015 and 2017.(Read Full Article)
Frequent visitors to CPO Rising will know that the complex category of business travel has increasingly become a bigger line-item at the average enterprise. In fact, the current business travel industry has not seen this level of growth since long before the economic downturn of last decade. As we move into a new year, what does the continued growth, and evolution, of this category truly mean for the typical company?
Unfortunately, the notions of “business travel management” and “expense management” are typically relegated to the back offices of companies across the globe(Read Full Article)
A common question: will auditing the supply chain reveal issues that will prove costly and damaging? Is it best to leave as is until an issue manifests? If the last question sounds familiar then it’s definitely time to re-evaluate your approach.
In this guest post, Procurement Leaders invites Asia Pulp and Paper’s Ian Lifshitz to discuss why supplier audits can tend to fall short and where improvements can prove a huge game-changer.
The world is aging, and that matters for growth. In the past, an abundant and growing labor pool was a powerful engine of the world economy; today, the number of workers is starting to decline in many countries. This leaves no alternative but for companies, individuals, and governments to work in smarter ways. In an era of profound demographic change, another productivity revolution is a necessity.(Read Full Article)
“The way we pay and the way we finance payables has a dramatic impact on the relationship and the commercial things you want from a supplier.”
- CPO at a market-leading company
We’ve seen it time and time again: your finance team discovers the need for a supplier portal and early payment program, and since the actual change management falls on the chief procurement officer, you need to adapt processes to maintain and evolve supplier relationships.(Read Full Article)
Manufacturing output for November fell below analyst expectations, registering a “disappointing” 1.3% year-on-year contraction. This followed on the revised 2.3% year-on-year uptick in October.(Read Full Article)
JSE-LISTED pharmaceutical company Adcock Ingram has emerged as the clear loser among the domestic drug manufacturers after it won a mere R700m of the government’s R14bn HIV/AIDS drug tender, say analysts.
It got no part of the key contract to supply fixed-dose combination (FDC) pills, which form the core of the government’s treatment programme.(Read Full Article)
If 2014 goes down as an 'annus horribilis' for the commodities industry, few pundits are betting that prices will improve significantly over the next 12 months(Read Full Article)
2015 will be the year of the supplier; everything procurement teams do will have to connect back to the supply base.
In this series of guest posts, Procurement Leaders asks solution providers in the procurement space for their predictions on the shifts in technology that will take place in 2015. In this, the first post in the series, Mickey North Rizza, VP strategic services, BravoSolution, shares her views.
It’s 2015 and a good time to take a fresh view of your contract manufacturers (CMs) in China. Business conditions have changed. Labor rates in China continue to rise. Logistics costs fluctuate with the price of oil. Data collection about forecasts, and operations continues to improve. Companies are considering Reshoring. All of these things will affect your relationship and operations at contract manufacturers.
.(Read Full Article)
Taking the long view on environmental sustainability can seem somewhat remote from the day job of most people working on the front lines of procurement and supply chain. However, embedding this thinking into business strategy and management has never been more important to improving resilience and competitive advantage. Labour productivity and cost has improved over the past decades thanks to ICT, mechanisation and moving production to low-cost countries.(Read Full Article)
The poll of 330 purchasers of the technology by research organisation Gartner found 60 per cent said high acquisition costs had delayed their adoption of the technology “While the technology is already in use across a wide range of manufacturing verticals from medical to aerospace, costs remain the primary concern for buyers," said Pete Basiliere, research director at Gartner.(Read Full Article)
The government’s substantial infrastructure programme outlined in the National Development Plan is expected to drive demand for steel over the next decade, says Department of Trade and Industry Deputy Minister Mzwandile Masina. He told over 250 delegates to the Organisation for Economic Cooperation and Development (OECD)/South Africa Workshop on Steelmaking Raw Materials, in Cape Town, that he expected steel demand, both upstream and downstream, to grow between 6% and 10% a over the next decade.(Read Full Article)
A study of 430 companies conducted by the Italian sustainable procurement organisation Acquisti & Sostenibilità found two thirds of firms define the factors of sustainability across the supply chain. According to the Sustainable Supply Chain Review 2014 , which analysed sustainability reports from businesses in 40 countries worldwide between January and August 2014, 44 per cent of companies provided training for staff in supply chain sustainability.(Read Full Article)
SMA Solar Technology South Africa, the market leader for solar inverters will be officially launching their multimillion rand manufacturing facility in Cape Town on Friday, 12 December.
The facility includes a production line and quality test centre for Sunny Central inverters, warehousing as well as the African branch of the renowned SMA Solar Academy training centre.(Read Full Article)
Acquisition of Dangote Flour Mills hits group’s earnings, heightening ‘desire to make sure we don’t drop catches’, says CEO Peter Matlare.
Mr Matlare concedes that Tiger got it wrong when it came to assessing the competition in Nigeria as well as the country’s "commercial architecture" — or ways of doing business.(Read Full Article)
Premier Foods, one of the UK's biggest manufacturers, has been asking its suppliers for payments to continue doing business with the firm. One supplier said the practice - known as pay and stay - was like "blackmail". Newsnight understands the struggling company has received millions of pounds from its suppliers in this way. Premier Foods said it was confident the scheme did not break any rules under competition law. The government said it was "concerned by recent reports".(Read Full Article)
State-owned freight company signs a memorandum of understanding with CSR Zhuzhou Electric Locomotive to set up manufacturing facilities in SA(Read Full Article)
Clorox is one of the leading practitioners of open innovation. Not many people really know this, but it becomes obvious, when you interact with Clorox people and listen to their presentations.
Navin Kunde, Business Networks Leader at Clorox, recently gave a great presentation at the Open Innovation Summit in Chicago. The presentation, which he has given me permission to share with you, focused on three key takeaways.
1) Focus on fewer partners who can deliver deeper, more effective relationships that drive business results(Read Full Article)
BUSINESS conditions in the private sector continued to improve last month but at a lesser extent when compared with October, an index showed on Wednesday.
This is in line with another index released last month that showed business confidence rose in the current quarter.
The Markit/HSBC SA seasonally adjusted purchasing managers index (PMI) fell slightly to 50.5 last month from October’s 22-month high of 52.7. Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50 show a deterioration.(Read Full Article)