ProcureCon IT: Europe's only peer-led IT procurement conference
The two-day event, taking place in Frankfurt, Germa...
Originally launched in 1999, ProcureCon IT is centered around supporting the growth of procurement.
The two-day event, taking place in Frankfurt, Germany, begins on 19 November 2019 and will welcome over 200 senior cross-industry IT procurement professionals. The event is set to play host to more than 50 speakers from leading companies worldwide and will provide a platform for 45 in-depth sessions featuring the hottest topics from data security, agile ways of working, cloud and digital transformation.
ProcureCon IT welcomes collaboration and invites networking opportunities. With hours of discussion groups, workshops, panels, roundtables and structured networking activities across the two days, the event offers the perfect venue to form long-lasting connections.
Some of the speakers in attendance are Mike Day, Head of Group IT Procurement at RSA, Gavin Harris, Global Category Manager - Software at Shell and Alexa Figgess, Head of IT and Digitalisation Technology Procurement at Airbus.
ProcureCon IT 2019 will discuss a range of topics. The four key themes are:
Your role in driving digital transformation
Cutting through the fog of the cloud
Strengthening your hardware, telecoms and services strategies
Moving from yesterday’s SRM to true partnership management
At a glance
200+ IT procurement leaders in attendance.
50+ thought leading speakers from Europe’s top IT spenders.
50+ bespoke presentations and small group discussions.
12 hours of networking over interactive sessions and informal networking breaks.
To book your tickets and secure your place, click here!
EU and US agree end to Airbus-Boeing supply chain tariffs
The EU and US have agreed to resolve a 17-year dispute over aircraft subsidies, suspending tariffs on billions of dollars' worth of goods that have plagued procurement leaders on both sides of the Atlantic.
Under an agreement reached by European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai on Tuesday, the tariffs will be halted for a period of at least five years.
It will bring an end to punitive and disruptive levies on supply chains that have little to do with the argument, which became embroiled in the trade battle. Businesses on both sides of the dispute have been hit with more than $3.3bn in duties since they were first imposed by the US in October 2019, according the EC.
The US imposed charges on goods upto $7.5bn in response to a World Trade Organisation ruling that judged the EU’s support of Airbus, its biggest aircraft manufacturer, unlawful. A year later in November 2020, the EU hit back. The WTO found the US had violated trade rules in its favourable treatment of Boeing, and was hit with EU duties worth $4bn.
In all the tariffs affected $11.5bn worth of goods, including French cheese, Scotch whisky, aircraft and machinery in Europe, and sugarcane products, handbags and tobacco in America. Procurement leaders on both sides of the fence were forced to wrestle with tariffs of 15% on aircraft and components, and 25% on non-aircraft related products.
Boeing-Airbus dispute by the numbers
- The dispute began in 2004
- Tariffs suspended for 5 years
- $11.5bn worth of goods affected by tariffs
- $3.3bn in duties paid by businesses to date
- 15% levy on aircraft and 25% on non-aircraft goods suspended
Both sides welcome end to tariffs
European Commission President Ursula von der Leyen branded the truce a “major step” in ending what is the longest running dispute in WTO history. It began in 2004.
“I am happy to see that after intensive work between the European Commission and the US administration, our transatlantic partnership is on its way to reaching cruising speed. This shows the new spirit of cooperation between the EU and the US and that we can solve the other issues to our mutual benefit,” she added.
Both aircraft manufacturers have welcomed the news. Airbus said in a statement that it will hopefully bring to an end the “lose-lose tariffs” that are affecting industries already facing “many challenges”. Boeing added that it will “fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected”.
The US aerospace firm added: "The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action."
This week’s decision expands upon a short-term tariff truce announced in March this year. The EC says it will work closely with the US to try and further resolve the dispute, establishing a Working Group on Large Civil Aircraft led by each side’s trade minister.
Airbus last month signalled to suppliers that post-pandemic recovery was on the horizon, telling them to scale up to meet a return to pre-COVID manufacturing levels. “The aviation sector is beginning to recover from the COVID-19 crisis,” said Airbus chief executive Guillaume Faury, adding that suppliers should prepare for a period of intensive production “when market conditions call for it.”