Tuesday 27 August 2013

A Report on BCA's Acquisition of the logistics company NKL Automotive

British Car Auctions (BCA) has announced that it has acquired NKL Automotive, the Goole-based logistics firm. It is expected that this deal will lead to BCA Logistics' creation as well as boosting the company's current offering. "BCA Logistics handles over a quarter of a million vehicle moves annually, and this acquisition further enhances the range and flexibility of services we can offer our customers. BCA Logistics will also utilise the NKL Goole facility to offer additional storage and refurbishment services," said Jonathan Higham,  BCA Logistics director.

As part of this acquisition, BCA will take charge of the development of several additional premium services for manufacturer, lease, and fleet customers. While this agreement's monetary value was not disclosed, about 200 drivers and operational staff of NKL are likely to join BCA in this acquisition. Also, there has been no discussion or statement on whether or not it will help yield more logistics recruitment agencies jobs at http://www.castuk.com/logistics-jobs-recruitment . However, this acquisition marks a significant step on the part of both organisations.

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Friday 23 August 2013

British Car Auctions acquires NKL Automotive

British Car Auctions (BCA) has recently acquired NKL Automotive, a Goole-based logistics company, reports suggest. The deal should see the BCA Logistics' creation and is expected to boost the organisation's current offering. While the agreement's monetary value still remains undisclosed, about 200 drivers and operational staff of NKL will likely join BCA in this acquisition. Although nothing has been said about the possibilities of increase in jobs in logistics sector post this agreement, the deal is significant for both the firms.

"BCA Logistics handles over a quarter of a million vehicle movements annually, and this acquisition further enhances the range and flexibility of services we can offer our customers. BCA Logistics will also utilise the NKL Goole facility to offer additional storage and refurbishment services," commented BCA Logistics director, Jonathan Higham.

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Tuesday 20 August 2013

Firms in the UK Urged to Make Supply Chain Easily Accessible to SMEs

The renowned business charity Business In The Community (BITC) wants SMEs to be provided with better opportunities to land key contracts by way of increased transparency. The charity is urging companies throughout the United Kingdom to make their supply chains more transparent so that smaller firms have a better chance of securing these agreements.

Head of operations at BITC, Matthew Lill said, "If you have a £25,000 contract, do you need to have £50 million of public liability insurance against it? Often that is not deliberate and has just been copied and pasted from another contract, but it immediately excludes SMEs."

In the United Kingdom, there have been various schemes for helping SMEs land supply chain management jobs with the introduction of the AMSCI (Advanced Manufacturing Supply Chain Initiative) fund which has been rolled out in the Liverpool as well as West Midlands. It is expected that the move will help boost parameters around the supply chains present within the aerospace and automotive sectors.
   
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Friday 16 August 2013

Bombadier Wins the TfL Contract Worth £88m

Transport for London (TfL) has recently hired Bombadier- the Derby based train maker for supplying new carriages for its network of passenger trains. The contract is worth £88 million and expires in the year 2015. It is expected that by that time Bombadier would provide about 57 new units for the London Overground system.

This investment of TfL may help boost business for Bombadier that has been struggling for quite some time. However, how will it affect the procurement, supply chain consulting or logistics jobs at Litchurch Lane’s production hub still remains unclear.

“London Overground has been a truly dazzling success and more and more Londoners are now using the vastly improved service. Not only will these new carriages help us meet passenger demand, but they will also support jobs and growth at their birthplace in Derby,” as per the mayor of London.

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Friday 9 August 2013

Royal Bank of Scotland Works Towards Ensuring Diverse Supply Chain's Success

According to the head of procurement at Royal Bank of Scotland (RBS) Jonathan Sutherland, a diverse supply chain can help drive success at RBS. He said the "strategic imperative" for the organisation is due to the fact that the bank has the most SME customers serving 32 per cent of the sector. This means that its fortunes are closely linked with the success of these companies and what he described as "growth makers."

RBS has been working towards mobilising these plans and for this it has established an executive steering group with representatives from across its organisation. The goal is to start a registration portal for firms where they can declare their interest and find out more informatio

“A healthy SME market is a healthy client base, which is a healthy RBS, so why would we not be [supporting SMEs through our supply chain]? There is a strategic imperative for us in this. For us it’s a case of strategy, not philanthropy,” as per Mr Sutherland.

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