While fraud is a big topic these days, procurement fraud can often be overlooked. This impact has massive potential, as losses add up quickly and/or reputations become permanently damaged, as mentioned in Jim's article.
For years I have said if you have an energy asset, keep it for the political world of what is in favor in energy constantly changes. The same flexibility is needed in purchasing.
UPM Specialty Papers and Orkla Suomi are piloting a new paper wrapper for Panda Milk chocolate. During a six-month pilot period, the new wrappers replace traditionally used PP-plastic wrappers. Milk chocolate bars in new packages are now available in stores across Finland.
The European Commission has approved the acquisition of joint control of Novolex Holdings and Pactiv Evergreen by Apollo Capital Management, all three based in the United States, and Canada Pension Plan Investment Board ('CPP Investments'), based in Canada..
