Procurement Foundry

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Discover the latest articles in the procurement world.

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 constantly being reminded of how these are unprecedented times for the procurement industry. This article...

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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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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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