It's what used to be called 'purchasing', but is more wide-ranging and ambitious. 'Procurement' was a military term, originally recorded in the US during the First World War and in Britain during the Second. To 'procure' is to get things, usually with some degree of difficulty. The word came into English from French in the 14th century, when it meant 'to take care of' or 'to try to bring about', and has its source in the Latin verb procurare, 'to manage'. Someone who works in 'procurement' is said to 'procure', but he or she is not a 'procurer' and never practises 'procuring'. A 'procurer', since the turn of the 17th century, is someone who obtains a woman as a prostitute or illicit sexual partner for someone else. 'Procuring', originally the entirely innocent act of acquiring things or bringing them about, is equally tainted and a criminal offence. To summarise: 'procurement' good, 'procuring' bad. Try not to mix them up.
There is a moral dimension to business, but you can take it too far.
In our second Changing Lanes podcast, we talk to people who have successfully pivoted their career by pursuing further study, finding a mentor or taking a sabbatical.
The law is changing so that parents who have lost a child will be entitled to take paid leave.
How a can of dog food inspired a $100m business.
Recognising there's a problem is only half the battle.
Do your research and be prepared to walk away if the deal doesn't feel right.