Procurement Foundry

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Discover the latest articles in the procurement world.

Negotiating Excess Office Space in the Wake of COVID-19

COVID-19 has caused a lot of difficulties in commercial real estate, leases, and office spaces. With remote working driving people out of the...

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Peloton’s Supply Chain Problems and a Cash Injection

Last year, we covered the Peloton supply chain woes, and in 2022, the saga continues, and Peloton’s supply chain problems continue. In this article,...

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Effective Procurement is a Growth Lever

Leaders at fast-growing companies are obsessed with cutting costs and leveraging high ROI opportunities for their businesses. But one area that often...

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How to Manage Procurement’s Top Risks

Leadership is a privilege and a huge responsibility. If you are a leader, it is your job to guide your company and team to success. Part of that...

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Process Governance – How Do You Make Sure Your Team Has It?

Modern procurement performs a wide variety of tasks, including handling anything from simple contract renewals to complex RFPs—and everything in...

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Office Vending Machines and Procurement: An Employee Perk or Company Revenue Opportunity

Does your company have an office vending machine? From a financial arrangement standpoint, how does it work? This was a question posed to the...

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Are RFP Templates a Viable Tool for Ensuring Optimal Purchasing Decisions?

We recently came by an interesting article on the best practices for creating an RFP template. Ultimately, when done properly, an RFP template can...

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5 Reasons Companies Need Corporate Travel Management 

As the U.S. continues reopening and businesses move back into offices, corporate travel is on employees’ minds again. According to the  U.S. Travel...

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Essential Procurement Reading List for 2022

At Procurement Foundry, we are always looking to sharpen our skills sets and stay on top of what is new, current, and trending in our ever-evolving...

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How to Set Procurement KPIs in 2022   

Procurement is becoming the main strategy chamber of organizations. This sector bears the lion’s share of responsibility when navigating cost...

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