@Risk

Kraft has revised its offer for Cadbury, and the new bid is expected to win the approval of Cadbury’s board, perhaps as early as today, reports The Independent. (See update below.)

If approved, this new deal would end the sometimes bitter bid battle that has persisted for nearly six months. However, trade unions fear that an agreement with Kraft equates with job losses. They say that 7,000 jobs at Cadbury –and as many as 20,000 in the supply chain –are at risk. (more…)

Cadbury has identified procurement costs as a major target for change aimed at strengthening its business position, according to ComputerWorldUK.

Most significantly, the company plans to cut IT support spending using a two-pronged approach that will a) consolidate support services and b) improve the technology used.

According to the article, Cadbury wants to create “technology centers of excellence” to help (more…)