Procurement Foundry

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Discover the latest articles in the procurement world.

3 Ways for Procurement To Get Started With Sustainable Sourcing

Sustainable sourcing is a key initiative for many procurement teams, but it can be difficult to know where to start. If you are among the ranks of overwhelmed but eager procurement practitioners wanting to make moves toward greater sustainability,...

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Defining Tail Spend – Procurement’s 80/20 Problem

Nearly every organization in the world faces problems with tail spend. The following information is a resource for procurement professionals looking...

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Critical Suppliers and Lessons Learned from Professional Sports

One of the many lessons the pandemic has taught us is the importance of having a solid—and smoothly running—supply chain. We saw firsthand how...

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Common Supplier Frustrations in Procurement

The procurement world is riddled with headaches, many of which stem from awful supplier relationships. What are the most common supplier frustrations...

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Assessing Procurement Talent – What’s the Best Way?

Anyone familiar with the Foundry already knows that we are continuously engaged in lively discussions within our online community. One such recent...

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3 Procurement Problems Every CPO Is Worried About

Are you a procurement practitioner looking to improve your processes? You are not alone. Procurement directors and CPOs, in particular, are...

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Quick Tips to Improve Supplier Relationship Management

Supplier relationship management—also known as SRM—is a common topic inside of the Foundry. While SRM was an essential element of operations before...

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Procurement Software Books – A Review of Software: The Silent Killer of Your Company’s Budget

Procurement Foundry is always looking to stay on top of what is trending in our industry. One way we do this is by reading everything...

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Procurement Automation – Always and Often

Digital transformation has been a buzzword in procurement for a long time, but now people are saying it’s not enough. Some level of digital...

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Top 3 CPO Skills in 2022

Many people want to climb the corporate ladder, moving from a director-level position to landing that coveted role of CPO. But doing so is no easy...

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