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Buyers Meeting Point is home to two blogs: The Point is written by BMP's Kelly Barner and a diverse group of guest contributors. MyPurchasingCenter was acquired by BMP in 2020 we now showcase their content archive on BMP.

Recommended Webinars September 14-18: Post-Crisis Procurement, Customer-Driven Digitalization, Food Supply Chains

I’m continuing to add new events to the calendar, both webinars and virtual conferences. While a virtual conference might not typically be your ‘thing,’ keep in mind that most of them are free to attend – meaning that 2020 is actually presenting us with opportunities to ‘attend’ events and hear from speakers that we wouldn’t have access to in a ‘normal’ year!

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Trans Fats Replacements: A Moment on the Lips, a Lifetime in the Sourcing Pipeline

On Tuesday, the Food & Drug Administration (FDA) announced that by 2018 all partially hydrogenated oils (the primary source of trans fats in the American diet) must be phased out of the food supply chain. The many costs associated with this change will give procurement an opportunity to have a positive impact at a time of transition. When you add up the costs of experimenting with replacement oils and reprinting/redesigning packaging and labels, Roger Clemens, a pharmacology professor at USC, estimates it could cost companies as much as $200K per product.[1]

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