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Procurement vs Purchasing: What’s the Difference?

Procurify

Many people use the terms procurement and purchasing interchangeably. One focuses on transactional functions, for example, while the other focuses on the strategic process of product sourcing. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area.

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Sustainable Procurement Business Drivers — Embracing Sustainability

Procurement Tactics

As sustainability is a growing focus in the world, many businesses are integrating it, especially consumers who are demanding to know where the products they purchase come from. Additionally, sustainability in procurement guarantees that the sustainable values of a company are upheld throughout the product and service life cycle.