Proof of Usefulness Report

Procurement Foundry

Analysis completed on 2/17/2026

+90
Proof of Usefulness Score
You're In Business

Procurement Foundry is a verifiable, revenue-generating community for supply chain professionals with estimated annual revenue of ~$1.1M and ~8,000+ members. While the project demonstrates strong real-world utility and high value-per-user in a B2B niche, the submission itself contained hyperbolic and inaccurate claims (e.g., team size of 750, 'most people' usage). The score reflects the solid business fundamentals and verifiable market presence, heavily discounted by the lack of technical innovation (standard community platforms) and the poor quality of the submission data.

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Score Breakdown

Real World Utility+29.25
Audience Reach Impact+14.0
Technical Innovation+3.0
Evidence Of Traction+24.0
Market Timing Relevance+8.5
Functional Completeness+0.38
Subtotal+79.13
Usefulness Multiplierx1.14
Final Score+90

Project Details

Project URL
procurementfoundry.com
Description
Procurement Foundry is the world's largest gathering of Procurement and Supply Chain Management practitioners today. Our members come to gather, grow, and share with their peers. It is a place where knowledge, ideas, questions, and information are shared through multiple engagement methods. Our community includes chat channels, webinars, AMA (‘ask me anything’) sessions, real-time surveys, document libraries, presentation theaters, and much more. We aggregate our industry’s information and knowledge in 1 place so our members can focus on what's important, learning, growing, and sharing. We are Procurement Foundry, come and join us. www.procurementfoundry.com

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline