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Image via Flickr by Rewji23 The chief executive officer of luxury automotive manufacturer Bentley Motors, Dr. Wolfgang Schreiber, has spoken publically about the country’s lack of basic supplier infrastructure when it comes to supplying needed parts for automakers. According to Schreiber, the country’s government is doing a good thing by providing £1 for the into low-carbon engines…
Image via Flickr by melenita2012 Facebook is still the most popular social network on the Internet. It has more than 500 million active users and is still growing. That’s why Facebook has long been the marketing target for businesses. Businesses can reach millions of potential customers through this social network without spending a ton of…
Image via Flickr by Rubber Dragon PetroSA, South Africa’s national oil company, has fallen under investigation by its parent company, Central Security Fund and South Africa’s department of energy for a series of ongoing inappropriate procurement procedures. Though a full investigation is underway and few details have been released to date about the indiscretions, here’s…
Image via Flickr by New York District, U.S. Army Corps of Engineers For years, cost savings has dominated the minds and activities of procurement professionals. State of Flux issues studies and reports on trends in the procurement industry. Cost savings consistently reigns in terms of importance. However, for the first time ever, this study revealed that risk…
Image via Flickr jurvetson China has become the leading manufacturer of goods in the world, but economic changes in the country are causing a shift in thought. For instance, wages for Chinese workers have tripled over the course of the past decade. This is causing manufacturers to move some outsourcing to countries where worker wages…