Topic filter : Supply Chain

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Socially Most Trending News

.... . Or "poisoning" supply chain data so that the wrong stuff goes to the wrong stores, not to mention the potential dangers to energy supplies if production forecasts are tampered with. ... [Read full article on BBC ]
Tuesday 21st of March 2017 12:11:20 AM
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.... While in Amman, Cameron had met King Abdullah, who suggested the idea to him. In January 2016 at Davos, the forum for global business, Queen Rania of Jordan acclimatised CEOs to the idea that corporate social responsibility to refugees did not mean diverting some profits into sending blankets; rather, it meant putting their core skills to use by integrating them into global supply chains. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:00:27 AM
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....This is what helps the firm achieve its famously fast reaction times to new trends. Most of its rivals' supply chains are far less local. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 12:01:18 AM
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.... It says that manufacturers with substantial operations in the UK and with good market exposure in Britain – such as Jaguar Land Rover – are likely to encourage suppliers to open new sites or expand in the UK. “This would involve increased investment in UK parts procurement, production and supply chains to offset increased import costs, aiming to reduce the impact of tariffs imposed on component parts moving between the UK and EU,” the report said. ... [Read full article on Guardian ]
Monday 20th of March 2017 06:34:46 PM
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....One solution could be a sort of mentoring scheme between what he called "frontier" firms and "non-frontier" ones so that they could share best practice, he suggested. "What would be in it for frontier companies? A more productive supply chain is clearly in their interests. ... [Read full article on BBC ]
Monday 20th of March 2017 08:03:10 PM
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....In what might come as a surprise to the UK’s new army of trade experts, Lamy said the creation of a free trade deal would be simple. It was a “no brainer” that there would be zero tariffs so that integrated supply chains did not suffer. ... [Read full article on Guardian ]
Sunday 19th of March 2017 11:20:05 AM
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Latest Finance News related to Supply Chain

Why denying refugees the right to work is a catastrophic error | Paul Collier and Alexander Betts image
.... While in Amman, Cameron had met King Abdullah, who suggested the idea to him. In January 2016 at Davos, the forum for global business, Queen Rania of Jordan acclimatised CEOs to the idea that corporate social responsibility to refugees did not mean diverting some profits into sending blankets; rather, it meant putting their core skills to use by integrating them into global supply chains. ...
How many countries? image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:18 AM
....This is what helps the firm achieve its famously fast reaction times to new trends. Most of its rivals' supply chains are far less local. ...
Fake data threat image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:11:20 AM
.... . Or "poisoning" supply chain data so that the wrong stuff goes to the wrong stores, not to mention the potential dangers to energy supplies if production forecasts are tampered with. ...
Low UK interest rates 'hurt productivity but saved jobs' image
Source : BBC [Read Article] Monday 20th of March 2017 08:03:10 PM
....One solution could be a sort of mentoring scheme between what he called "frontier" firms and "non-frontier" ones so that they could share best practice, he suggested. "What would be in it for frontier companies? A more productive supply chain is clearly in their interests. ...
Hard Brexit 'could increase cost of making a car in UK by £2,400' image
Source : Guardian [Read Article] Monday 20th of March 2017 06:34:46 PM
.... It says that manufacturers with substantial operations in the UK and with good market exposure in Britain – such as Jaguar Land Rover – are likely to encourage suppliers to open new sites or expand in the UK. “This would involve increased investment in UK parts procurement, production and supply chains to offset increased import costs, aiming to reduce the impact of tariffs imposed on component parts moving between the UK and EU,” the report said. ...
Brexit Britain is suddenly debating trade – but it's the wrong talking point | Larry Elliott image
....In what might come as a surprise to the UK’s new army of trade experts, Lamy said the creation of a free trade deal would be simple. It was a “no brainer” that there would be zero tariffs so that integrated supply chains did not suffer. ...
Vote of confidence image
Source : BBC [Read Article] Thursday 16th of March 2017 10:17:03 AM
....Those assurances came in a letter to the firm from the Business Secretary, Greg Clark, which has never been published. Mr Clark has said that the letter contained a number of commitments around making funds available for skills or training, supporting research and development (R&D), bringing more of the supply chain back to the UK and keeping the British car industry competitive. ...
Sainsbury's warns over 'uncertain' impact of pound's Brexit slide image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:22:39 AM
.... He said that while some of the cost rises caused by the weak pound had been passed on to customers, the group was working hard with suppliers to keep prices down. “There are cost price pressures in the supply chain but we have done a good job of mitigating them . ...
Ikea drivers living in trucks for months image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:00:20 AM
....It is clear this way of treating drivers is widespread. It is not just within the Ikea supply chain, but also in those of several other big, household names. ...
We will all need a stiff drink to swallow Hammond’s austerity image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
.... The Treasury was developing an industrial strategy under the premiership of James Callaghan and chancellor Denis Healey in 1976-79, but this was abandoned by the Thatcher governments from 1979 and contemptuously dismissed as a failed policy of trying to “pick winners”. We now find that multinationals such as the French PSA Group taking over General Motors’ subsidiaries in Europe want assurances from HMG that, with Britain out of the single market, they can rely on a supply chain within the UK, supported by an accommodating industrial policy and decent infrastructure. ...
Chocolate price hike if Brexit deal fails, warns Mars image
Source : BBC [Read Article] Friday 10th of March 2017 12:52:27 PM
....Fiona Dawson, global president for Mars, said the absence of a deal with EU member states would see tariffs of up to 30% for the industry. Speaking at the American Chamber of Commerce to the EU, she warned this would "threaten [the] supply chain and the jobs that come with it. ...
Budget: UK Plc gives its verdict image
Source : BBC [Read Article] Wednesday 8th of March 2017 04:07:53 PM
...."UK automotive plays a critical role in the country's economy but future success will depend upon maintaining competitiveness. "It's disappointing, therefore, that the chancellor hasn't prioritised additional funding for supply chain development, nor addressed the flaw in business rates that disincentivises investment in plants and machinery. ...
Sainsbury's drops bid to halve household food waste image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:01:00 AM
....But at the end of a one-year £1m trial in the market town of Swadlincote, Derbyshire – the first in the UK to engage consumers and find new ways to reduce their waste – it has been abandoned as it is unlikely to be met. The goal is in line with the United Nations’ sustainable development target of halving per capita global food waste at retail and consumer level and reducing food losses along production and supply chains by 2030. ...
Sainsbury's drops bid to halve household food waste image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:01:00 AM
....But at the end of a one-year £1m trial in the market town of Swadlincote, Derbyshire – the first in the UK to engage consumers and find new ways to reduce their waste – it has been abandoned as it is unlikely to be met. The goal is in line with the United Nations’ sustainable development target of halving per capita global food waste at retail and consumer level and reducing food losses along production and supply chains by 2030. ...
Patagonia and The North Face: saving the world – one puffer jacket at a time image
....) It has tried to replace as many of its synthetic materials as possible with recycled ones, although finding recycled zippers and buttons has been a struggle. Socially, it is committed to fair trade in its supply chain, in the mills and sewing factories it works with. ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
.... “If so, would it not make sense for the government to set out its strategy for this sector as a whole rather than enlightening businesses one crisis at a time?”. Angela Eagle, the former shadow business secretary, whose Wallasey constituents include workers for Vauxhall and its supply chain, said she was concerned about the extra cost imposed on carmakers when the UK left the single market and customs union after 2019. ...
Vauxhall's Luton and Ellesmere Port factories will face battle after 2021 image
.... The majority of the parts come from Europe, including the engine from Hungary and the gearboxes from Austria and Germany, as well as Korea. The chairman of PSA, Carlos Tavares, has claimed a hard Brexit could offer an opportunity to build the supply chain in Britain. ...
In the Vauxhall towns, workers view PSA takeover with unease image
Source : Guardian [Read Article] Monday 6th of March 2017 06:59:58 PM
....”. Almost 1,500 people are directly employed at the factory, with 740 more in the head office and thousands more in the supply chain. ...
Car deal image
Source : BBC [Read Article] Monday 6th of March 2017 12:49:19 PM
.... Of these, 4,500 are at Vauxhall's plants in Ellesmere Port and Luton in the UK and the rest spread across Germany, Poland, Hungary, Austria, Spain and Italy. On top of that, Matthias Holweg, scientific adviser to the Automotive Council, says that every car plant job supports about seven and a half jobs in the wider supply chain. ...
Peugeot-Citroën chief vows to save jobs in Vauxhall/Opel takeover image
Source : Guardian [Read Article] Monday 6th of March 2017 12:35:46 PM
.... Tavares will then fly to Switzerland for the Geneva motor show. Vauxhall employs about 4,600 people at Ellesmere Port and Luton, with a further 20,000 working in the carmaker’s showrooms; they also support a further 18,000 supply chain jobs. ...
Business wish list image
Source : BBC [Read Article] Sunday 5th of March 2017 01:37:19 AM
....For the UK's car industry it is vital that the chancellor does nothing to harm the sector's competitiveness, which is "very internationally exposed," says Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders. He wants a reform of the business rates system to encourage investment in plant and machinery and additional funding for supply chain companies to boost skills levels and productivity. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
....Bosses in the automotive industry are not just concerned about the impact of tariffs on vehicles made in the UK that are sold abroad, but on the parts used to make them, and whether they will still be able to move parts across the Channel quickly and affordably. The modern automotive industry supply chain means that some car parts go back and forth across the Channel far more times than a Mini crankshaft before reaching the final assembly line. ...
Brexit without trade deal would open Pandora's box, says CBI chief image
Source : Guardian [Read Article] Thursday 2nd of March 2017 06:25:49 PM
.... Economists for Free Trade have shown the right policies under WTO rules would make the UK better off. The Legatum Institute Special Trade Commission has set out, amongst other things, how to deliver an efficient supply chain under WTO rules. ...
Boots, Walkers crisps and Greggs cost cutting puts 1,400 UK jobs at risk image
Source : Guardian [Read Article] Wednesday 1st of March 2017 04:15:37 PM
....The company would not confirm the overall number of jobs at risk within its manufacturing operations but said it would be creating about a1,000 jobs annually as it planned to open about 100 more stores each year. “In March 2016 we announced a £100m investment programme in our supply chain over a five-year period which will reshape the business and enable us to grow to substantially more than 2,000 shops,” a spokesperson said. ...
Jaguar Land Rover pledges 'heart and soul' to UK as new model debuts in Solihull image
....5bn investment in new facilities and technologies at the Solihull factory, where about 10,000 people are employed. JLR, owned by India’s Tata, said it directly supports more than 40,000 British jobs at manufacturing plants and a further 250,000 in the supply chain. ...
Brexit means taxpayers need to support supply chain, says Nissan image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:56:52 PM
.... If these parts were made in the UK instead, Nissan would spend up to £2bn a year with British suppliers. Colin Lawther, the company’s senior vice-president of manufacturing supply chain, told MPs on Tuesday that Nissan’s Sunderland plant consumes 5m parts a day for a production line that produces two cars every minute. ...
Fairtrade campaigners fear Brexit impact image
Source : BBC [Read Article] Monday 27th of February 2017 04:19:59 PM
.... . Mondelez said it wanted to lead its own sustainability efforts - investing more in areas such as its supply chain, bonuses for farmers, training and climate change prevention. ...
Primark sales boosted by bargain-hunting tourists after pound's Brexit slide image
....Bason said there had been no noticeable impact on consumer spending in the UK since Brexit and that “not a lot” of expected price rises were feeding through on clothing. Although the fall in the value of the pound against the dollar, which is used to buy the bulk of the UK’s clothing from far eastern suppliers, was large Bason said it was being offset by efficiencies in the supply chain. ...
Innovation, Ikea style image
Source : BBC [Read Article] Monday 27th of February 2017 12:20:58 AM
.... . But business and supply chain nerds do not admire the range for its modernity or flexibility. ...
Vauxhall pensions 'won't be hit by PSA Group deal' image
Source : BBC [Read Article] Friday 24th of February 2017 12:40:52 PM
....Vauxhall employs 4,500 staff at plants at Ellesmere Port and Luton. About 23,000 people work in Vauxhall's retail network and 7,000 in its UK supply chain. ...
Vauxhall production guaranteed until at least end of decade, PSA tells union image
....” The union leader added that there were still a lot of issues to discuss, notably pensions. Vauxhall’s Ellesmere Port and Luton factories, headquarters and warehouse employ about 4,600 people, with a further 20,000 working in the carmaker’s showrooms; they also support a further 18,000 supply chain job. ...
Vauxhall job fears rise as Peugeot boss mentions 'speedy' savings image
Source : Guardian [Read Article] Thursday 23rd of February 2017 11:00:40 AM
....“The prime minister reiterated the government’s commitment through our modern industrial strategy to creating and supporting the right conditions for the UK automotive industry to go from strength to strength, now and into the future. A particular shared goal was strengthening the UK’s automotive supply chain. ...
Most wood energy schemes are a 'disaster' for climate change image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:47:43 AM
.... That principle is at the heart of the industry," said Dr Nina Skorupska from the Renewable Energy Association. "The whole supply chain is monitored in detail to ensure we cut greenhouse gas emissions by at least 60% compared to fossil fuels, although the reality is often closer to 80%. ...
Supermarket sourcing image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:18:01 AM
....And while Morrisons has pledged to source more from the UK, the chain is in an unusual position in that it already owns an abattoir and meat-processing operations, as well as bakeries and produce-packing sites, making it easier for it to be more self-reliant. For many of its rivals, replicating this kind of domestic supply chain would be much tougher. ...
Fears grow for Vauxhall jobs as government vows to do all it can image
Source : Guardian [Read Article] Monday 20th of February 2017 07:31:35 PM
....Union leaders said it was heartening that MPs had spoken in support of Vauxhall workers. Len McCluskey, the general secretary of Unite, said: “These are very anxious days for the thousands of skilled men and women in Vauxhall, and the working-class communities relying on GM’s supply chain for their livelihoods. ...
The supermarket food gamble may be up | Felicity Lawrence image
Source : Guardian [Read Article] Monday 20th of February 2017 06:00:29 AM
....Food writer Joanna Blythman coined the term Permanent Global Summer Time in an article for the Guardian in 2002. By then the astonishing shift in supply chains had come into sharp focus. ...
Vauxhall's workforce highly valued, minister told by potential French buyer image
....“There is some way to go in discussions between GM and PSA, but I was reassured by GM’s intention, communicated to me, to build on the success of these operations rather than rationalise them,” he added. Vauxhall’s 35,000strong UK workforce includes 23,000 in its retail network, 300 at a customer contact centre in Luton and 7,000 in its supply chain alongside the workers at its two plants. ...
Morrisons to 'hedge bets' and recruit more UK-based suppliers image
Source : Guardian [Read Article] Friday 17th of February 2017 07:01:03 AM
....Morrisons is aiming to recruit 200 more British suppliers after a report commissioned by the supermarket found that only just over half the food eaten in the UK comes from local sources. The report, by Professor Tim Benton of the University of Leeds, highlights the growing risks associated with a global food supply chain. ...
Vauxhall's future in UK is secure, says business secretary image
Source : Guardian [Read Article] Thursday 16th of February 2017 03:35:55 PM
....The Vauxhall plants in Luton in Bedfordshire and Ellesmere Port in Cheshire employ 4,500 staff. Thousands more jobs rely on its UK supply chain. ...
Unite leader warns GM his union will not accept any Vauxhall job losses image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:13:22 PM
....GM’s Vauxhall factories in Luton in Bedfordshire and Ellesmere Port in Cheshire employ about 4,500 staff. Thousands more jobs rely on its UK supply chain. ...
Chemical giant Ineos to build heir to Land Rover Defender image
Source : Guardian [Read Article] Monday 13th of February 2017 09:36:50 AM
....“Making cars is more difficult than people realise. You need to design the car, build the supply chain, build your brand, and then make the car itself and develop an assembly line. ...
UK labour shortages reported as EU worker numbers fall image
Source : Guardian [Read Article] Monday 13th of February 2017 07:01:07 AM
....UK employers are increasingly struggling to fill jobs in shops, factories and hospitals according to a new report that suggests the shortfall may be down to fewer EU migrants seeking work in the UK in the wake of the Brexit vote. Company bosses are reporting labour and skills shortages throughout the food supply chain as well as in sectors such as manufacturing, healthcare and hospitality, according to the latest Labour Market Outlook from the Chartered Institute of Personnel and Development (CIPD) and The Adecco Group, which polls more than 1,000 employers. ...
Does UK’s lucrative arms trade come at the cost of political repression? image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:00:37 AM
....Third, they are a success story. “We employ 150,000 highly skilled people across the country, thousands more are engaged through the extended supply chain, and we invest huge sums in research and development,” Everitt said. ...
Tesco's plan bee:  spilt supermarket sugar to help feed hungry honey bees image
Source : Guardian [Read Article] Thursday 9th of February 2017 08:35:10 AM
....Simon Cavill, a trustee of the British Beekeepers’ Association and founder of the Bee Good skincare range, said he hoped the supermarket Waitrose and other chains would back the scheme by providing free waste sugar. Amid growing attention to the scale of the UK’s food waste, supermarkets are under pressure to reduce it throughout their supply chains. ...
Lack of transparency over green energy subsidies 'shambolic', say MPs image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:01:00 AM
....“Either they’re trying to hide something or they’re incompetent. It’s not on, because it affects both the [energy industry] supply chain and consumers,” said Labour MP Meg Hillier, the committee’s chair. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... Meanwhile, Tesco says it will save £175m a year in costs – £96m from improved procurement. “Consolidation at the downstream [retail] end of the food supply chain spells only one thing, and that’s continued supply-chain consolidation upstream as well,” says Duncan Swift, head of the food advisory group at accountants Moore Stephens. ...
Sir Ken Morrison obituary image
Source : Guardian [Read Article] Wednesday 1st of February 2017 04:45:07 PM
.... He was frequently seen around the stores, arriving unannounced and opening packs of food to check their freshness. Wherever possible, the company kept control of the supply chain. ...
UK manufacturing's strong January is dented by spike in import costs image
Source : Guardian [Read Article] Wednesday 1st of February 2017 01:49:03 PM
.... A reading above 50 indicates expansion. Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said it was worrying that manufacturers were increasingly reliant on domestic demand, which could fade away once price rises feed into the supply chain. ...
Brexit will delay new British nuclear power stations, warn experts image
Source : Guardian [Read Article] Friday 27th of January 2017 11:12:51 AM
.... For nuclear proponents, the industry becomes less competitive – and for nuclear critics, safety regulation diminishes,” said Dr Paul Dorfman of the Energy Institute at University College London. Referring to Hinkley and other nuclear projects in the pipeline, he said: “The UK nuclear industry is critically dependent on European goods and services in the nuclear supply chain and their specialist nuclear skills. ...
The UK’s economy is London-centric. Brexit is the chance to change that | Laurie Macfarlane image
....A new industrial strategy and plan for regeneration is essential to boost the incomes and opportunities of these alienated communities. This should be targeted towards new technologies, renewable energy and supporting local supply chains. ...
Can post-Brexit London survive as Europe's cultural and financial capital? image
....Certainly, for Owens, the implications of Brexit would seem to be at odds with many of the factors that have made London’s creative industries such a success: “There’s no doubt the decision to leave the EU poses a threat to London’s creative economy. The sector has prospered on diversity, free movement of artistic talent and international supply chains. ...
Textile firms paying UK workers £3 per hour, investigation finds image
Source : Guardian [Read Article] Monday 23rd of January 2017 06:00:25 AM
....Missguided said: “We take the allegations … very seriously and demand the highest standards of safety, working conditions and pay from all of our suppliers and subcontractors. We are committed to achieving the standards set by the Ethical Trading Initiative and conduct regular audits and spot-checks of our supply chain. ...
Can credit unions finally provide a truly ethical current account? image
Source : Guardian [Read Article] Saturday 21st of January 2017 06:59:28 AM
....Three providers that Move Your Money likes are Metro Bank (77/100), which has 48 branches (or “stores”), mainly within the M25; Handelsbanken (75/100), the UK arm of the Swedish bank of the same name with more than 200 branches from Inverness to Truro, each of which can decide its own terms and pricing; and Al Rayan Bank, formerly known as the Islamic Bank of Britain (74/100), which offers an “ethical and Sharia-compliant” interest-free account. In terms of building societies, Nationwide scores 64 out of 100 on Move Your Money, reflecting its “excellent track record in contributing to the real economy and in ethical lending, partly thanks to its strict code of human rights standards on its supply chain”. ...
Companies must share benefits of globalisation, Theresa May tells Davos image
Source : Guardian [Read Article] Thursday 19th of January 2017 11:21:27 AM
.... And it means putting aside short-term considerations and investing in people and communities for the long term. “It means businesses paying their fair share of tax, recognising their obligations and duties to their employees and supply chains, and trading in the right way; companies genuinely investing in – and becoming part of – the communities and nations in which they operate, and abiding by the responsibilities that implies; and all of us taking steps towards addressing executive pay and accountability to shareholders. ...
Bravado only partially masks contradictions in Theresa May's speech image
Source : Guardian [Read Article] Tuesday 17th of January 2017 02:45:56 PM
.... Not only one but several transitional arrangements would be sought so that nothing happened too abruptly. A bespoke customs union was possible, she claimed, in which Britain may continue to benefit from “frictionless” supply chains while being free to negotiate its own tariff arrangements with non-EU countries. ...
Deliver-roll! Greggs starts delivery service to London bankers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 09:19:04 AM
....“We’re trying to mitigate these and we have significant levers to pull. We’re investing in the supply chain and stores which will drive productivity higher. ...
'Europe's fate is in our hands': Angela Merkel's defiant reply to Trump image
Source : Guardian [Read Article] Monday 16th of January 2017 07:54:18 PM
.... The plant in Mexico would be an addition to existing 3 Series production facilities in Germany and China. But Gabriel said on Monday that a tax on German imports would lead to a “bad awakening” among US carmakers since they were reliant on transatlantic supply chains. ...
Food prices to soar after sterling collapse, warn retail chiefs image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
.... . He said: “Inflation should increase further as sterling’s depreciation continues to work its way through the supply chain and the falls in fuel and food prices at the start of 2016 drop out of the inflation rate. ...
Parody-defying World Economic Forum must do better image
Source : Guardian [Read Article] Wednesday 11th of January 2017 07:33:53 PM
.... Argos, on the other hand, offers the chance of a fizz of excitement as Sainsbury’s opens stores-within-stores and cross-sells between two sets of customers. There are risks in merging two big supply chains and securing the promised cost-savings from closing redundant Argos high-street outlets – but there were also risks in doing nothing in the age of Amazon. ...
UK throwing away £13bn of food each year, latest figures show image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:01:18 AM
....UK households binned £13bn worth of food in 2015 that could have been eaten, according to new figures which suggest that progress in reducing the national food waste mountain has stalled. Despite concerted efforts to reduce food waste through the entire supply chain, a new national update from the waste and recycling advisory body Wrap revealed that an estimated 7. ...
Global car industry worries about the new warning signs image
Source : Guardian [Read Article] Sunday 8th of January 2017 10:32:43 AM
.... David Bailey, professor of industrial strategy at Aston University, said: “GKN’s components come from Spain, Italy, France – their products could have crossed the Channel several times before a car is sold. A lot of Brexit debate has been about tariffs on cars – but even non-tariff barriers cause huge complications in the supply chain. ...
MPs poised to investigate VAT fraud on Amazon and eBay image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
.... But officials have been frustrated by what is seen as the uncooperative approach taken by some big websites, including Amazon. In January, Lin Homer, then head of HMRC, told a parliamentary committee: “We do feel, just as with beer and alcohol, that those people who manage the supply chain should ensure enough diligence is built into it. ...
Brexit deal risks some sectors of economy being left behind, warns CBI image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
....Construction companies asked about the potential costs of importing materials and shared concerns with the manufacturing sector about the CE marking regime, a standard required for many products traded on the single market. “While each sector has issues specific to them, there are many crossovers and common principles that unite them, for example the need to avoid cliff edge changes that cause disruption to supply chains and trade,” Fairbairn said. ...
Gangmasters agree to pay more than £1m to settle modern slavery claim image
Source : Guardian [Read Article] Tuesday 20th of December 2016 10:00:00 AM
....”. The Lithuanians were sent to work in supply chains producing premium free range eggs for McDonald’s, Tesco, Asda, M&S and the Sainsbury’s Woodland brand. ...
Major investment plans for Highlands smelter image
Source : BBC [Read Article] Monday 19th of December 2016 12:06:53 AM
....It follows a £330m deal announced last month involving Liberty House and Simec to take over the Rio Tinto site. Their plans include creating an aluminium wheel manufacturing facility, and a further 300 jobs directly, with another 300 in the supply chain. ...
Dhaka's Dickensian workhouses should shame us all image
Source : Guardian [Read Article] Sunday 18th of December 2016 04:00:03 PM
....“We do not state outright that named foreign brands can be linked to factories employing child labour,” the ODI report says. “However, it stretches credibility to assume that the supply chains for these brands do not include significant employment of child labourers. ...
Urgent Brexit deal needed to avert banking job losses, peers to warn image
Source : Guardian [Read Article] Tuesday 13th of December 2016 06:06:17 PM
....At a meeting between car manufacturers and Davis on Monday, attendees were said to be heartened that the government increasingly understood the need for them to retain access to European markets but were worried there was little plan for achieving this. Instead, many are now approaching the point where they are having to contemplate the worst-case scenario where departure from the customs union devastates their complex cross-border supply chains. ...
Inflation hits highest level in more than two years image
Source : Guardian [Read Article] Tuesday 13th of December 2016 09:35:40 AM
....Economists, including those at the Bank of England, have warned that inflation is likely to rise sharply in 2017, to about 3%, putting increased pressure on household finances. Richard Lim, chief executive at the consultancy Retail Economics, said shops faced a choice between passing rising costs on to consumers, taking a hit on margins, or passing them on elsewhere in the supply chain. ...
Palm oil giant Olam accused over sourcing image
Source : BBC [Read Article] Monday 12th of December 2016 11:54:03 AM
.... . He added that producers who do not comply with the company's sustainable principles would be removed from its supply chain. ...
Food industry warns of higher prices without EU workers image
Source : BBC [Read Article] Friday 9th of December 2016 07:19:46 AM
....The UK faces higher food prices without continued access to EU workers, 30 food and drink associations have warned. In a letter published in the Guardian, they argue that EU workers play an important role in the supply chain and some are already starting to leave. ...
UK food prices will rise without EU workers, say trade groups image
Source : Guardian [Read Article] Thursday 8th of December 2016 06:30:35 PM
....”. Any points-based permit system for immigrants should place the food and drink supply chain on a par with financial services and the automotive sector, the industry leaders say. ...
EU workers in food and drink industry need assurance over Brexit | Letters image
Source : Guardian [Read Article] Thursday 8th of December 2016 06:00:06 PM
....Workers from the EU, some of whom are already leaving the UK, play a significant role in delivering affordable and high-quality food and drink. The government should offer unambiguous reassurance to EU workers throughout our supply chain about their right to remain. ...
Prada found wanting in assessment of forced labour safeguards image
Source : Guardian [Read Article] Thursday 8th of December 2016 03:19:13 PM
....Prada, one of the world’s most expensive fashion brands, is making little effort to show that its goods are free of forced labour, according to a new report. An assessment (pdf) of the quality and transparency of efforts by 20 major apparel companies to safeguard against forced labour from their supply chains, undertaken by KnowTheChain, an accountability initiative, gave Prada a score of nine out of 100. ...
Ikea Group plans €1bn investment in recycling companies and forests image
Source : Guardian [Read Article] Wednesday 7th of December 2016 02:30:51 PM
....Ikea has pledged to invest €1bn (£850m) in recycling companies and forests after netting €5. 2bn from the sale of its product development and supply chain business. ...
Tata Steel makes commitment to secure Port Talbot future image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:13:27 PM
....Tata's workforce may well have fallen to 6,300 in Wales but it is calculated to inject about £200m a year in wages alone. On top of that there are thousands of other jobs dependent on the steel company and a supply chain estimated to be worth £3. ...

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