Starbucks has rolled out a list of measures to make its operations and supply chain more sustainable, with a target of a 50% reduction in carbon emissions from its direct operations and supply chain by 2030.
Ted Baker says it has overstated the value of its inventory by £58 million – some £33 million higher than it previously anticipated.
Nestlé is to pay a CHF 1.5 billion (£1.19 billion) premium for sourcing up to 2 million metric tons of food-grade recycled plastics between now and 2025.
Over 1,000 NHS trust staff have spent more than £8 million on a new procurement platform, The Edge4Health, in the past three months.
Big four supermarket Morrisons said that its Christmas trading had been “challenging” with a 1.7% drop in sales, despite competitive pricing on key items.
Nestlé is to use 100% recycled plastic for bottles of its Buxton water.
When you see the statement “trading over… the Black Friday period was below expectations” you start to pay attention as a journalist in the world of logistics and supply chains. The words Black Friday are normally followed by “particularly busy” (John Lewis); “biggest ever” (Boots) or “record volumes” (DPD).
One billion metrics tons of emissions savings could be made if suppliers to 125 of the world’s largest companies increased their use of electricity generated by renewables by 20 percentage points.
Two-thirds of British businesses (67%) have said that a focus on reducing supplier costs is blocking innovation.
For more than three years, sourcing and procurement teams have had to grapple with the potential implications of the UK withdrawing from the European Union. Procurement responses have varied widely, Sam Tulip investigates.
