Author Archives: Sydney Lazarus

Nike Divided Over Bangladesh, Sweden May Boost Defense Spending, Food Poisoning at Food Safety Summit

- April 22, 2014 12:38 PM | Categories: Afternoon Coffee

The Wall Street Journal gives an inside look at the divide among Nike executives over manufacturing in Bangladesh and balancing cost and worker safety. And Sweden's government promises to increase defense spending significantly over the next decade, citing the Ukraine crisis as a reason to build up the military. Afternoon Coffee brings you the latest news in supply chain and spending.

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General Mills Reverses Controversial No-Sue Plans, Pfizer Approached AstraZeneca with Takeover Offer

- April 21, 2014 12:41 PM | Categories: Afternoon Coffee

Happy Spring! Here's some good news: General Mills is reversing its plans to make consumers give up their right to sue the company. And according to the latest Gallup poll, Americans still prefer to save money than spend it, by 62 percent to 34 percent. The gap has widened significantly since the poll was begun in 2001. Afternoon Coffee brings you the latest news in supply chain and spending.

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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.

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See Jason Busch and Kevin Brooks Reenact the Founding of Spend Matters

- April 18, 2014 1:11 AM | Categories: Commentary

The photo in this post, featuring Kevin Brooks (now Chief Marketing Officer at FoodLink), Jason Busch, two glasses of beer, and two ordinary napkins, is not a perfect reenactment of the founding of this blog, but it comes pretty close. As the story goes, Jason and Kevin came up with the idea of Spend Matters over drinks, and Kevin had Jason write down the idea on a cocktail napkin.

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General Mills Voiding Consumers’ Rights to Sue, Home Depot Branches into E-Commerce

- April 17, 2014 12:42 PM | Categories: Afternoon Coffee

General Mills is quietly updating its privacy policy to void consumers’ right to sue if they download coupons, enter a company-sponsored sweepstakes, or “Like” the company on Facebook. And burrito procurement is about to get more expensive as Chipotle raises prices throughout the country. Afternoon Coffee brings you the latest news in supply chain and procurement, with an emphasis on food today.

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GM to Seek Court Protection Against Lawsuits, Spending Cuts in France, Google Glass Sale

- April 16, 2014 12:35 PM | Categories: Afternoon Coffee

General Motors plans to seek court protection against lawsuits related to incidents before its 2009 bankruptcy. And spending cuts are coming in France. The prime minister plans to cut roughly $29 billion from pensions, health care, and social care. Afternoon Coffee brings you the latest news in supply chain and procurement.

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GM Senior Staff Shake-Up, Federal Reserve Considering Tougher Rules for Banks, The North Korea Marathon

- April 15, 2014 12:47 PM | Categories: Afternoon Coffee

The Federal Reserve is considering tougher rules for big banks, who would be required to hold more capital in the case of another financial crisis. And two senior executives are leaving General Motors. According to a company spokesman, the departures are not connected with GM’s recent vehicle recalls. Afternoon Coffee brings you the latest news in spending and procurement.

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Bangladesh Labor Activists Beaten and Threatened, Food Supply Legislation in UAE, New BMW Recall

- April 14, 2014 12:43 PM | Categories: Afternoon Coffee

Labor activists in Bangladesh claim say have been beaten and threatened for trying to form unions among garment factory workers. And new legislation up for approval in the United Arab Emirates would penalize food operators selling contaminated, fake, or rotten foods with jail sentences of up to three years and fines of up to the equivalent of $544,519. Afternoon Coffee brings you the latest news in supply chain and procurement.

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Google Glass to Go on Sale for 24 Hours, Sebelius Resigns, More Restaurants Doing Away with Tips

- April 11, 2014 12:45 PM | Categories: Afternoon Coffee

Google Glass will be on sale to the US public for a single day. If you’re at least 18 years old and can afford the $1,500 price tag, mark April 15 down in your calendar. And automakers have recalled about 9 million vehicles thus far this year in the U.S. If the trend continues, the 2004 record of 30.8 million recalled vehicles could be broken. Friday Latte brings you the latest news in supply chain and procurement.

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P&G’s Palm Oil Supply Chain, Walmart Branches into Organic Food, Sriracha Deemed Public Nuisance

- April 10, 2014 1:05 PM | Categories: Afternoon Coffee

Proctor & Gamble has announced plans to ensure no deforestation in its palm oil supply chain by 2020. And the Sriracha factory in Irwindale, Calif. continues to cause asthma, heartburn, headaches, and general ill will in residents, and the city council has deemed it a public nuisance. Afternoon Coffee brings you the latest news in supply chain and procurement and a little déjà vu with that Sriracha update.

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Goodbye Readers, this Assistant Editor is Moving to Azerbaijan

- April 1, 2014 6:19 AM | Categories: Commentary

This past Friday was my last day at Spend Matters. I started out as an editorial intern back in January 2013 and was hired full-time as an assistant editor over the summer. For months now I’ve been contemplating a move to Azerbaijan. The country is located in the Caucasus, a “land of astonishing natural beauty and a dizzying array of ancient cultures,” where “mountains rise at the intersection of Europe, Russia, and the Middle East” (The Ghost of Freedom: A History of the Caucasus, Oxford University Press). In the end, those mountains beckoned.

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New Webinar! Trends in Spend Management: Configuration vs. Customization

- March 28, 2014 2:20 AM | Categories: Spend Management

Cloud-based, SaaS solutions have mostly been high-level approximations of what companies want, but things are changing. We’re holding a big webinar on Wednesday, April 16, from 12 to 1 pm CDT, titled Trends in Spend Management: Configuration vs. Customization. Paul Noel of Ivalua and Steve Huston of HAVI Global Solutions will both be joining us.

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