Rant: When Best Practices Become Useless

- April 18, 2014 1:11 PM | Categories: Friday Rant, Procurement Commentary, Public Sector

Here is one example from sugar policies affecting the food and beverage space – the protectionist U.S. sugar tariff system (from the mid to late 1970s) that has forced US manufacturers to switch to taxpayer subsidized domestic high fructose corn syrup instead of buying on the global market. And now our politicians are implementing rules to stop companies from selling so much sweet foods and so many sugared beverages (in larger than 16oz containers at that!) to children of all ages. Sure, if you buy sugar, you might do it according to best practices, but ultimately you are arranging the deck chairs on the Titanic – decoupled from market forces on both buy-side and sell-side.

more ▸

USDA to Require Pork Industry to Report Diarrhea Virus, Easter Spending, Stay Away from Chris the Rhea

- April 18, 2014 12:14 PM | Categories: Afternoon Coffee

It's been a while since Friday Latte has done a proper public service announcement, so here it is: Stay away from Chris the escaped rhea. The six-foot-tall bird is capable of disemboweling a man, or at least pecking his eyes out. Chris has been seen near the Arthur Findlay College for Psychic Science and, more recently, in a rapeseed field.

more ▸

Business Intelligence to Transform Procurement