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Strategic sourcing not the answer to procurement transformation"Let's stop talking about strategic sourcing, and let's talk about better buying," Paul Alexander, director of indirect procurement at BP told purchasers. 19 April 2013
Rolls-Royce deploys the power of Thor in procurementNaming a purchasing transformation project after the Norse god has changed perceptions at the engineering company, according to a senior buyers. 19 April 2013
Diverse supply chain a 'strategic imperative' for RBSJonathan Sutherland, head of procurement at Royal Bank of Scotland, said the company is increasing access to its contracts for small businesses. 19 April 2013
Diageo CPO advises purchasers to take risks in recessionThibaut Eissautier said buyers should try new approaches to gain competitive advantage, and a downturn presents a good opportunity to present these ideas. 18 April 2013
Hitachi Rail buyers become 'decision enablers' to aid stakeholdersProcurement is trying to give stakeholders a greater understanding and to take more responsibility for their spending decisions, according to Hitachi Rail's procurement director Jamie Foster. 18 April 2013
Contractors should challenge 'grossly unfair' payment termsThe National Specialist Contractors' Council has hit out at organisations that are extending payment terms as far as 120 days. 18 April 2013
Tanzanian buyers told to reform IT procurementPublic sector procurement in Tanzania has been criticised for IT equipment purchases, after an audit discovered "inadequacies" in the way goods were being bought. 18 April 2013
Central government must focus on sustainable savingsThe Efficiency and Reform Group has been praised for delivering cost savings of £5.5 billion, but warned it must "up its game" and move beyond imposing spending controls to achieve its £20 billion target. 17 April 2013
European power prices to rise by €13 billion in five yearsEnvironmental legislation, the closure of power stations and fluctuating feedstock costs will push up the wholesale cost of electricity across Europe by 2018. 17 April 2013
Economic turmoil causes supply chain chaosThe ongoing financial crisis was responsible for more disruption to supply chains than both adverse weather conditions and supplier insolvencies in the past year. 17 April 2013
Tyre producer Pirelli puts suppliers on the podium"Pirelli is moving more into the premium tyre market, so we are relying on premium suppliers to perform. We decided to reward their efforts by recognising them with the awards," Luigi Staccoli, CPO at Pirelli told SM. 16 April 2013
Selfridges asks suppliers for payment discountThe retailer had been criticised by the Forum of Private Business for asking vendors for a reduction on invoices in order to be paid more quickly. 16 April 2013
Heineken aims to increase local sourcingThe global brewer has identified sourcing as one of its four main sustainability challenges, and intends to increase the amount of raw materials it buys locally. 16 April 2013
Buyers warned over 'lip-service' to voluntary groupsCompanies are being urged to adopt a code of practice to boost the participation of voluntary groups in delivering contracts. 15 April 2013
Waitrose plans to boost bees and butterflies with pesticide banThe retailer has asked suppliers to stop using a certain type of pesticide on fruit, vegetables and flowers by 2014, as research on its impact on pollinating insects is carried out. 15 April 2013

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Firms turn to procurement to manage fleetsDespite fleet vehicle numbers growing, the number of dedicated in-house UK fleet managers is shrinking and those that remain are increasingly focused on controlling costs.

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Firms turn to procurement to manage fleetsDespite fleet vehicle numbers growing, the number of dedicated in-house UK fleet managers is shrinking and those that remain are increasingly focused on controlling costs.
Travel buyers fail to record traveller feedbackAlthough three-quarters of purchasers think feedback from travellers is important, less than a third have systems in place to capture it, according to a Supply Management survey.

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