Author: Procurement-Newz

  • Martela Corporation to outsource logistics operations

    Martela Corporation to outsource logistics operations

    [ad_1] Martela Corp. and Barona Logistics Solutions Ltd (Barona Logistics) have signed an agreement to outsource the inhouse logistics and a part of the dispatch operation of Martela’s Nummela production plant to Barona Logistics. Subject to transaction 19 Martela’s employees will be transferred to Barona Logistics as existing employees as of September 1, 2019. The…

  • Procurement and digital disruption | The Edge Markets

    Procurement and digital disruption | The Edge Markets

    [ad_1] As digital disruption transforms how companies do business, they will have to seriously overhaul the way they go about procuring goods and services. But things will evolve rather than change overnight despite the fact that we are living in a transformative age, says Liz Bryant, managed services leader at EY Asia-Pacific. “Things are accelerating,…

  • US Crude Oil Inventory Resumed Decline

    US Crude Oil Inventory Resumed Decline

    [ad_1] The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks soared +4 mmb to 1315.23 mmb in the week ended August 16. Crude oil inventory declined -2.73mmb to 437.78 mmb (consensus: -1.89 mmb). Inventories decreased in 3 out…