Procurement Foundry

Blog

 

Discover the latest articles in the procurement world.

Non-Profit Procurement – The Woes and the Wins

In today’s procurement landscape, most of what you read covers issues impacting for-profit organizations while non-profit procurement tends to get overlooked. For those looking to get into non-profit procurement, this can leave you feeling like...

Read More

Everything you Need to Know About Procurement from a Trip to 7-Eleven

Did you know you can learn everything you need to know about procurement from a simple trip to 7-Eleven? Case in point: A few weeks ago, while I was ...

Read More

ESG Procurement: The Importance of Environment, Social, and Governance

ESG procurement is high on the priority list for today’s procurement professionals looking for solutions to environmental supply chain issues. In...

Read More

Procurement Communication and Participation – How Sports Is a Model

As any sports fan will attest, a winning team can’t be carried by just one stellar athlete. It takes a team effort, excellent communication on the...

Read More

9 Procurement Strategies for CFOs and Finance — How You Can Get It Right

Being in leadership is a responsibility that can be hard to bear, especially when it means ensuring that you are constantly improving efficiency,...

Read More

How Procurement Can Fight Inflation – 2022’s Profitability Battle

As we continue into 2022, procurement faces massive and unprecedented price hikes on necessary items and labor. If you’re one of the practitioners...

Read More

Supplier Diversity Sourcing – What Makes a Diverse Supplier?

When it comes to supporting diversity, procurement is in a unique position to influence meaningful change. Beyond the positive social and economic...

Read More

Procurement and Basic Spend Management - Spend Management 101

Spend management is fundamental for every successful business. It prevents unnecessary spending and helps organizations establish and maintain data...

Read More

How To Stand Up a Procurement Department of One – The Lone Wolves

Procurement practitioners across the globe are looking into the best ways to set up procurement departments, even procurement departments of one, and...

Read More

The Downstream Impact of Rising Fuel Costs – Procurement’s Next Challenge

Procurement is no stranger when it comes to navigating stressful and unexpected scenarios, which will help us as we face the staggering reality and...

Read More