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  • Business Intelligence
    By Tom Stundza, November 19, 2009
    91% Copper price inflation by 2013 Source: RBS Global Banking & Markets WHAT IT MEANS: Copper prices on the London Metal Exchange could be as high as $4.10/lb, a new high, by 2013 as the market moves into supply deficit from rebounding industrial demand. Note that spot world copper is on pace to average $2. More
  • Spotlight shines on key suppliers
    , November 19, 2009
    Rockwell Collins Rockwell Collins, a Cedar Rapids, Iowa-based developer of communication and aviation electronic technology for commercial and governmental applications, has a wide-ranging supplier-awards program that recognizes small businesses, companies with Lean practices and commodities suppliers who have demonstrated excellence. More
  • Catalent Pharma's procurement team makes it on its own
    By William Atkinson, November 19, 2009
    Being a procurement department in a division of a larger corporation has advantages such as being able to leverage spend with the other divisions, sharing technology and infrastructure as well as best practices. However, if and when a division is spun off on its own, things can become challenging for the new standalone procurement department. More
  • Jim Morgan, former Purchasing editorial director and author
    , November 19, 2009
    James P. Morgan, 81, editorial director emeritus of Purchasing magazine, died on October 31. A native of the Williamsburg section of Brooklyn, Jim Morgan began his career as a business journalist in 1958 after service in the U.S. Army when he joined McGraw-Hill's Purchasing Week Magazine (later Purchasing World magazine). More
  • Goodyear rolls suppliers further back into product development
    By David Hannon, November 19, 2009
    When mark purtilar took over as CPO at Goodyear Tire & Rubber two years ago, one of the C-level executives he built a quick relationship with was Jean-Claude Kihn, the tiremaker's new chief technology officer (CTO). After just a few conversations, it was clear the two men are of the same mind when it comes to suppliers. More
  • As the economy recovers, shippers rethink potential advantages of 3PLs
    By David Hannon, November 19, 2009
    One of the major challenges for logistics and supply chain professionals heading out of the recession will be ensuring that their supply chains have the right levels of logistics capacity to meet the needs for their companies' growth both on the inbound and outbound side of the supply chain. And clearly, there's a role for the third-party logistics provider in helping shippers secure freight ca... More
  • Strategic Sourcing Business Intelligence
    , November 19, 2009
    49.0 Business conditions index reading for October Source: www.purchasingdata.com WHAT IT MEANS: For the first time since May, business conditions declined, as reported by purchasing pros surveyed. In fact, the reading of 49 indicates business was contracting in October, not growing. 56% Buyers who look at suppliers differently in light of "too big to fail" Source: Purchasing. More
  • Five steps take Byrne Tool & Die to improved procurement
    By William Atkinson, November 19, 2009
    In some companies, procurement is involved as part of an overall company strategy to streamline operations, expected to take steps to streamline its own processes. In other companies, procurement actually assists a company in streamlining overall operations. At Byrne Tool & Die, procurement's work has helped the entire company run more smoothly. More
  • Jim Morgan, editor, mentor, leader
    By Paul Teague, Editor in Chief, November 19, 2009
    Jim Morgan would hate the fact that his name is in this editorial. "Write about the reader, the purchasing function," I can almost hear him say in his gruff voice that belied a gentle demeanor. Well, the fact is that writing about Jim, the long-time editorial leader of Purchasing who passed away last month, is, both figuratively and literally, writing about the reader and the purchasing function. More
  • Zinc demand Sinks
    By Tom Stundza, November 19, 2009
    World demand for zinc, a key coating metal, is down 8.6% and close to a record low this year and renewed purchasing may be slow. Upshot: "Zinc prices are at a crossroads," writes commodities blogger Sandeep Daga, a financial advisor at Standard Bank in London. His meaning: Prices will either increase 15% in 2010 or fall 22% from this year's expected average. More
  • Nickel supply surplus expected to continue, keeping stainless steel prices down
    By Tom Stundza, November 19, 2009
    Natixis commodity markets, Mitsui Bussan Commodities and other nonferrous metals analysts all forecast the nickel supply surplus will stay high through next year. So, although a global stainless steel recovery may gather momentum in 2010, the researchers believe high inventories will keep the world nickel price average under $10/lb for the third year in a row. More
  • Steel shipments from service centers rise 1.1%
    Tom Stundza, November 17, 2009
    Steel inventories in October increase 2.2% More
  • Steel sheet prices fall
    Tom Stundza, November 17, 2009
    Supply exceeds demand More
  • Supply trends have buyers sourcing closer to home
    Dave Hannon, November 16, 2009
    Nearshoring chart 2  Longer leadtimes, risk management concerns may shorten supply lines More
  • Oil prices are out of synch with demand
    Tom Stundza, November 15, 2009
    Weak dollar has helped inflate oil prices More
  • Nissan predicts big U.S. market for Leaf
    Tom Stundza, November 15, 2009
    Electric-car sales seen passing a million by 2015 More
  • Grupo Mexico wins Asarco
    Tom Stundza, November 15, 2009
    Judge rules against Sterlite bid for copper firm More
  • ThyssenKrupp steel projects continue in U.S., Brazil
    Tom Stundza, November 15, 2009
    New plant startups will be stretched out into 2011 More
  • Biomass production plant approved
    Tom Stundza, November 13, 2009
    renewaFUEL to operate in Marquette, Mich. More
  • Volkswagen shifts to modular-platform strategy
    Paul Teague, November 13, 2009
    New strategy could reduce outsourcing to some suppliers More
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