Procurement weekly May 18, 2012

Global – Business for Social Responsibility and global hospitality firm Hilton Worldwide have launched the Center for Sustainable Procurement for global business procurement managers.

Singapore – To boost productivity and economic benefits, the supply chain needs to adopt best practices to meet the growing and changing customer demands.

Asia – Kulicke & Soffa, US semiconductor assembly equipment manufacturer, is moving its global head office in the US to Singapore.

Australia – Toll Global Logistics, a division of integrated logistics provider Toll Group, is restructuring to combine its finished vehicle distribution service with its automotive JV, PrixCar.

Europe – DHL Global Forwarding, the freight subsidiary of Deutsche Post-DHL Group, is establishing a logistics centre at Brussels, Belgium.

Europe – China and India continue to go against the European Union’s carbon emissions rule, which prompted the Union to threaten both countries with penalties.

Singapore – With the importance of the oil and maritime trade industry in Singapore, the country aims to provide a safe, secure and sustainable shipping environment.

India – Japanese motorcycle manufacturer Yamaha Motor has made plans to open a new factory in India in the coming week to boost the country’s output.

Europe – FedEx Corp has inked an agreement last week to acquire TATEX, a French business-to-business express transportation company.

Hong Kong – Global logistics services provider Kerry Logistics has extended its reach in India and China, providing new services for its customers.

Japan – Nissan Motor has inked a memorandum of understanding with Canadian automaker Magna Steyr of Magna International to assemble its luxury entry level Infiniti compact vehicle.

Singapore – The country has signed a memorandum of understanding with a business association in Colombia, South America in a bid to explore collaborative opportunities with overseas markets.

Global – United Parcel Service is now able to finance its intended recommended public offer for TNT Express after acquiring the Dutch cargo delivery company in March.

Asia-Pacific – US-based consumer goods manufacturer Procter and Gamble Co. (P&G) will be moving its beauty business to Singapore from Cincinnati.

Thailand – Thailand’s Ministry of Information and Communication Technology has signed a US$32.8 million contract to procure computer tablets from Shenzhen Scope Scientific Development.

Singapore – American Express has launched a new Corporate Membership Rewards programme in Singapore to help businesses better achieve benefits and savings.

Global – RedPrairie, global supply chain and retail technology provider, has released a new product to boost visibility and accuracy in the supply chain.

Asia – Sembcorp Industries has had a slew of business opportunities this week, expanding its business portfolio to Malaysia and China.

Singapore – Neptune Orient Lines Group has reported a net loss of US$254 million in the first quarter of this year.

Malaysia – Bose Corp, an American audio equipment company, will be setting up a manufacturing plant in Penang, Malaysia to cater to its customers in Asia Pacific.