The objective of data analysis is for procurement to build and gain sufficient business intelligence and forward insight into the decision making process in order to minimise risk and increase competitiveness. This forms part of the supplier management strategy by understanding the present, predicting the future and prescribing actions.
For the first time since January 2013, residential building was the worst performing sub-category of construction output.
UK Manufacturing PMI posts 50.8, slightly above the stagnation mark.
The rate of job creation picked up from December’s five-month low in January, and was strong overall.
Mirroring the trend for business activity, latest data signalled a slowdown in new order growth at the start of 2016
UK Manufacturing PMI at three-month high of 52.9 in January
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Wheat prices have hit an all-time high. The International Grain Council claims that prices will remain volatile due to supply uncertainties and developments in financial, energy and...
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Business continuity plans must ... look beyond first-tier suppliers and further into the web of supply (Felsted, 2012).