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Sourcing/Procurement/SRM: Page 75

Element 25 Agrees to Supply GM with Manganese Sulfate
GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.
Photo: iStock / JHVEPhoto
How Multi-Enterprise Platforms Optimize Supply Chain Management
More businesses are turning to multi-enterprise collaboration networks.
Image: iStock.com/Visual Generation
EU and Japan Agree to Cooperate on Digital and International Trade
The principles establish a common understanding of key digital trade issues and a joint commitment to create an open digital economy that's free of “unjustified” international trade barriers.
Photo: iStock.com/Oleksii Liskonih
France’s Imerys and British Lithium Team Up on U.K. Mine
The U.K.’s Critical Minerals Association said U.K. miners “rarely receive interest or funding from private finance, and government funds don’t provide enough financing to truly aid projects.”
Australia. August 2018. Photo: Bloomberg
Hydrogen Production Project Awarded €20M Grant by European Commission
The HOPE project aims to develop, build and operate the first 10 MW hydrogen production unit off the coast of Belgium by 2026.
Photo: iStock.com/Khaosai Wongnatthakan
European Gas Advances as Market Focuses on Outages, Hot July
"Temperatures above the norm across Europe could potentially increase energy demand for cooling purposes,” said Energi Danmark in a note.
Photo: Oliver Bunic/Bloomberg
What to Consider Before Making Generative AI a Part of Your Procurement Strategy
Generative artificial intelligence is coming, and the ability of procurement organizations to adopt it quickly, safety and securely could be key to their success in 2023 and 2024.
Photo: iStock.com/Laurence Dutton
China Prepares to Sell Cotton from Reserves on Supply Concerns
China imported just 490,000 tons of cotton during the first five months of 2023, half the amount compared to the same period in 2022.
China. April 2011. Photo: Nelson Ching/Bloomberg
Wheat Climbs to Four-Month High as Traders Assess Russia Risks
Chicago wheat futures climbed to $7.56 a bushel in New York trading on June 26, putting prices on track for a 29% monthly gain, the biggest since 2015.
Bicske, Hungary. May 2023. Photo: Akos Stiller/Bloomberg
Japan Unveils $6bn Deal to Buy Out Chip Linchpin JSR
Government-backed Japan Investment Corp. plans to offer shareholders ¥4,350 ($30.40) a share in a tender offer around December 2023, the company said in a June 26 statement.
Kawasaki, Japan. June 2023. Photo: Bloomberg
Watch: How Technology Can Enable Sustainable Procurement
Sustainable procurement is the order of the day — but how to achieve it? Miguel Cossio, senior director analyst with Gartner, discusses the technology solutions that are available to companies today, and what to expect in the future.
Miguel Cossio
Biden Energy Subsidies Risk Distorting Critical Metals Market, UK Minister Warns
The Inflation Reduction Act has been a "huge challenge,” according to U.K. Business Minister Nusrat Ghani who said that the lure of the U.S. "distorts the market.”
Brazil. June 2023. Photo: Bloomberg
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