A £24 million government fund has been set up to aid UK suppliers to the car manufacturing industry.
But a study by Egenica predicted Europe will move towards decentralised travel procurement as companies in the region expand globally and a new generation of business travellers used to self-booking enters the workforce.
A project using private sector supply chain expertise to distribute medicines to remote parts of Africa is to be extended to include 10 countries.
“The big challenge [for retailers] is to reduce the cost base and keep it low. A company can go through a cost reduction exercise but it can start to creep back up," said Denis Brennan, cost management consultant at Auditel.
Engineering and manufacturing firms need to learn supply chain lessons from other sectors if they don't want to lose market share, a report has warned.
“The investigation we have commenced has nothing to do with past or current procurements or any of our procurement relationships with partners and suppliers,” the council said.
Corn production in the US is under threat from climate change and price volatility and buyers are being urged to help address the problem.
The warehouse fire that left online fashion brand Asos unable to accept orders over the weekend raises issues around supply chain continuity planning, according to experts.
The number of Rwandan government bodies submitting clean audits has increased but concerns remain around poor procurement practices, according to a report by the country's auditor general.
Revenue for companies in the photovoltaic industry is expected to significantly increase over the next six months due to a rising number of installations, with polysilicon prices also expected to rise in 2014 according to IHS Technology.
Mintec said the price for the product used to manufacture corrugated paperboard could drop further as buyers pressurise suppliers to reduce the cost.