Newsletter D&B Newsletter No 2, 2009
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You know how it is. Sometimes, not often but sometimes, everything falls into place. When demand is higher than supply and the timing is just right...
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Many purchasing departments are working hard to reduce the number of suppliers and concentrate their volumes on fewer players. This is leading to prices being negotiated down and lower margins for the suppliers who remain. We often hear about the positive signals this gives but rarely about the increased risks it entails. It often means that suppliers are more sensitive to financial stress in a recession as their margins are squeezed.
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More and more reports indicate the importance of keeping a check on your master data. MDM, Data Governance and data quality are timely. Can improved master data lead to increased profit for the company and does it lead to greater opportunities for Sales to develop its customers and Purchasing to consolidate?
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What is the current market situation for the industrial company ABB? Is there any difference between the risk work now and in times of economic prosperity? What is the company's view of the future? We put three questions to Lars Hjelm, Credit Manager at ABB.
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The Swedish Bar Association is now issuing guidance to lawyers and law firms on how they should act under the new directives. D&B is given as an independent source for identification and verification.
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The credit crunch is having an increased impact on payment patterns in Germany. The percentage of German companies that pay their invoices on time fell again in March.
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Every month we publish new examples of D&B’s comprehensive international information on our website. Here you can find analyses of three different countries that will help you with important information on the risks and opportunities associated with doing business in a specific country.
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