Strategy logistics procurement

Singapore – Despite the high risk economic climate, CFOs in organisations struggle to recognise the importance of supply chain management through procurement, says a top Basware executive.

Australia – Qantas Freight joins Cargo 2000 as an associate member with full membership expected within 12-18 months.

Global – NATO will extend its anti-piracy mission off the coast of Somalia until the end of 2012, the alliance’s spokesman said.

China - China's fifth-largest carrier, Shenzhen Airlines, has appointed a new president while the previous undergoes police investigation for alleged economic crimes.

Global – The International Organisation for Standardisation (ISO) has released a new standard for RFID that aims to help manufacturers boost visibility in the supply chain.

Hong Kong – DHL said it will pump HK$360 million into its Interlink facility to expand operations into a single, multi-user facility for DHL Supply Chain.

Asia – Asia's increasing demand for South African coal may put more ships at risk from Somali pirates operating in the Indian Ocean.

Global – Boeing is engaged in a sales campaign to seek foreign buyers for its C-17 cargo plane in the hope of keeping its large assembly line in California from going bust in two years, reported local media.

Global - Coca-Cola's announcement of a wide-ranging corporate restructuring will see reconfiguration of its manufacturing, supply chain and logistics operations.

Global - Walmart has stated its ambition to eliminate 20 million metrics tonnes of greenhouse gas (GHG) emissions from its global supply chain by the end of 2015.