@Risk

More new research indicates that global companies are setting their sights on growth and global expansion.

As I pointed out last week, nearly all (95 percent) of the CFOs polled in BDO’s annual Global Ambition Survey said they are optimistic about their global expansion plans.

Now, a new report from KPMG concludes that global manufacturers have made top-line growth their number one priority in the next two years, despite persistent economic volatility and uncertain demand.

KPMG surveyed 220 manufacturing executives from global companies with at least $1 billion in revenue and found that: (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…)

In a move that’s being hailed as a “first” for big business, PepsiCo and Anheuser-Busch have agreed to jointly purchase certain indirect goods and services in the United States.

The agreement, announced Tuesday, does not apply to goods and services directly related to making the beverages the companies sell. Instead, it covers indirect items, such as information technology hardware, office supplies, travel and facilities services, transportation, and maintenance, repair and operating supplies.

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