Rio's procurement turnaround

AFTER angering suppliers with draconian payment terms last year Rio Tinto has showed it has turned over a new leaf with a plan to increase local procurement.

Rio's procurement turnaround Rio's procurement turnaround Rio's procurement turnaround Rio's procurement turnaround Rio's procurement turnaround

Rio Tinto is trying to give WA suppliers a bigger slice of its business.

Last year somebody came up with a great idea. “Let’s double the payment terms from 45 days to 90 days,” they said.

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