Procurement Foundry

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Discover the latest articles in the procurement world.

What Should I Negotiate My Net Payment Terms to Be?

We are continually excited about the insightful discussions happening within our Procurement Foundry online community. A recent conversation inside...

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What is Maverick Spend?

A recent discussion in the Foundry regarding maverick spend produced some interesting responses. We wanted to follow up on this discussion by...

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The 4 Ps of the Supply Chain Crisis

It’s no secret that the procurement industry has found itself in a bind of late—thanks (or no thanks) to supply chain disruptions and a...

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Top 5 Procurement Trends in 2022

The past couple of years have not been steady for anyone (to say the least), including the folks in the procurement industry. From dealing with a...

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Transparency in Procurement Should be a Two-Way Street

We go to great lengths to uncover every possible risk and advantage that could impact the final decision of a sourcing event, expecting full...

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How to Get Leadership to Buy Into Procurement Innovation

During our FORGE Blue Sky event in November, speakers Brandon Card, Joseph Martinez, Brett Healy, and Bo Dungal led a discussion—Disruptive...

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How to Implement Digital Transformation in Procurement

Here’s the scenario: Well-established company, BT (British Telecommunications), needed to update their procurement department to the digital age. So...

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Biggest Procurement Trends of 2021 – Best-of-Breed Software

Single suite versus best-of-breed: It’s a debate that has become heated, with each side advocating its preference’s superior benefits. So, with all...

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Procurement Trends of 2021 – The Focus on Better Data

Everywhere you look today, procurement trends seem to focus on data. But not just any data—better data.

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Procurement Problems and Restaurant Price Increases in 2022

With restaurants and cafes finally reopening their kitchens, many of us—while being thrilled to return to our favorite haunts for our favorite...

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