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» Barry Callebaut and Kraft Foods join forces to produce more chocolate
2 hours ago by The Strategic Sourceror from Strategic Sourceror
In the city of Zurich, Switzerland, Barry Callebaut has been producing high-quality cocoa and chocolate products since 1996, currently to the tune of $4.3 billion annually. Now, this artisan company is joining forces with the second-largest food producer in the world, Kraft, in a deal that will increase the efficiency of both companies' supply chains. Under the agreement, Barry Callebaut will del ...

» Steel prices rise in China
2 hours ago by The Strategic Sourceror from Strategic Sourceror
Chinese suppliers looking to purchase steel are about to begin shelling out a little extra cash, after the price of steel rose this week. The increase in steel prices will be compounded by a decrease in supply as a result of the Chinese government shutting down a number of small steel producers. The producers were ordered to close down or cut back production as part of a government efficiency dri ...

» Study finds young male CEOs more aggressive with mergers and acquisitions than older executives
2 hours ago by The Strategic Sourceror from Strategic Sourceror
A recent study by professors and a doctoral student at the University of British Columbia has uncovered an interesting new fact about business. Turns out it isn't just about market share, profit and customer satisfaction - the whole thing has a primal element, too. The report, entitled "Deal or No Deal: Hormones and the Mergers and Acquisitions Game," found that high-testosterone males ...

» Rise in price of grain felt around the world
1 day ago by The Strategic Sourceror from Strategic Sourceror
An increase in the price of grain after a drought in Russia has been felt around the world as businesses that rely on the commodity have been forced to absorb the rising costs. While some businesses have raised their own prices to try to stay in the black, others have let the commodity price increase eat into their profit margin by refusing to charge customers more in a global economy that has al ...

» Accenture receives $73 million contract to update U.S. Defense Logistics supply chain system software
1 day ago by The Strategic Sourceror from Strategic Sourceror
Accenture has been announced as the recipient of a four-year, $73 million contract from the U.S. Defense Logistics Agency to integrate its energy supply chain with its enterprise business system program, the company announced earlier this week. Accenture is a global management consulting, technology services and outsourcing company that helps its clients - which include both private enterprises a ...

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