First Annual Spend Matters Standing-up Sourcing Debate -- We had the pleasure of participating in the 'First Annual Spend Matters Standing-up Sourcing Debate' in London earlier this week. About 30 procurement professionals and providers gathered at the Old Bank of England on Fleet Street Monday night to debate the motion "This (public) house believes that cost reduction should NOT be the CPO's top priority".
Have no fear, iPad 2 will make it.
Apple's iPad 2 supply chain on track despite supply constraints, analyst says -- In spite of delayed shipments of display panels for the second-generation iPad, Apple's update to its touchscreen tablet remains "on the rails" as a refresh nears, according to a check by one analyst.
Supply risk all around.
Crude Oil Soars on Supply Disruption, Gold Approaches Record High -- Oil prices exploded again on Wednesday, spurred by continued chaos in Libya with some industry sources indicating that as much as 1 million barrels per day of the country's 1.6mmbbl/d capacity has been shut-in...Gold moved higher on Wednesday, adding $12.57, or 0.9%, to settle at $1411.70. Like with oil, price action is being influenced by the events in Libya, with gold taking on its safe haven role.
Who actually BUYS couture? (Sorry, it was just Fashion Week.)
Who Buys These Clothes? They Do -- Fashion weeks in New York, Paris and Milan generate a tremendous amount of press and buzz for some of the world's most expensive clothes. But many of the runway styles are actually purchased by a small group of customers, not all of them from the isle of Manhattan. And unlike celebrities and socialites, who often get designer clothes at no charge in exchange for publicity, these customers pay full price.
- Sheena Moore