The Obama administration's $787 billion (£537 billion) stimulus package for the U.S economy will have huge implications for procurement. Announced last week, the package aims to help America out of recession. Vendors in China are suffering as buyers around the world reduce their demand for goods and attempt to extend payment terms.
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Monthly update from the International Federation of Purchasing and Supply Management

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2 March 2009
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EDITOR'S LETTER

Welcome to the second ezine, your monthly newsletter from the IFPSM and its member associations.
Since the first edition in February, several more member associations have joined the club. Also, I am really pleased at the huge numbers of readers who are opening the email and clicking through to the website ifpsm-ezine.org
This month we again have eight articles looking at issues affecting buyers across the world. These include an examination of how the US financial stimulus package will impact our profession, an update on commodities pricing and what lies ahead in the world of business travel procurement.
You will also notice that from this month you will need a entry to a log in and password to enter our website. Your user login and password are above. This will ensure that as member of your local association you retain the member benefit of this service.
Steve Bagshaw
Editor
LATEST NEWS
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商品衰退期结束了吗?
The end could be in sight for the great commodities slump that has seen prices collapse across the sector since last year, according to a leading commodities analyst.
七IT供应商面临操纵加拿大IT合同指控
Seven IT suppliers face criminal charges after being accused of rigging tenders to win contracts from the Canadian government.
头等舱降价,但谁需要它们?
Plummeting demands in premium cabins is forcing airlines worldwide to slah fares for first class and business class, but economy fares are expected to hold steady in the year ahead.
中国供应商面临需求下降
航空货运减少有利于海运增加
Ocean freights volumes are likely to rise steeply at the expense of air transport, according to a report from the Supply Chain Consortium.
FEATURES
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如何识别供应商的问题,该怎么办?
There's no end challenges facing procurement professionals in the grim current economic climate, but perhaps the biggest of all is identifying which of your suppliers is at risk.
商务旅行支出大幅下降
Travel is the second-largest controllable expense for most companies, so it is little surprise this spend category is under attack by corporations in 2009.
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