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BravoSolution Strategic Sourcing Blog

Welcome to your resource for procurement and strategic sourcing application suite insights

The BravoSolution Procurement Blog: Catch up with procurement leaders for timely and thought provoking posts that bring real world procurement insights to you.

17 Planets of Value

Our forthcoming Live webinar from Craig Lardner FCIPS will round out our series for 2016 in the APAC and MENA regions.

Based on years of procurement experience, Craig will provide a review of 17 planets of value in this webinar, Planets of Value: Creating New Wealth for Organisations.

His review of the 17 […]

Samsung’s Galaxy Note 7 Recall: Lessons for Procurement and Supply Chain Teams

Samsung’s recent recall of the Galaxy Note 7 calls to mind a few critical supply chain lessons. There’s a big push in the technology industry to roll out upgrades and launch new products as quickly as possible, but this rush in production and innovation can’t come at the expense of […]

Key Questions to Ask Your Procurement Provider Before Signing

Selecting a procurement tool that meets your organization’s unique needs isn’t easy. Every provider has its own blend of technology, services and market expertise, so how can you be confident the one you choose will help you reach your core business objectives?

There are a few key requirements to consider when […]

What Makes a Best-In-Class Procurement Operation?

While there’s no secret formula for building a best-in-class procurement operation, procurement’s ability to impact the business and create sustainable, differentiating value depends greatly on the technology, people, relationships and processes in place.

Supply management research firm, Ardent Partners recently conducted a survey looking deeper into the traits and characteristics most […]

“Explain procurement to me and convince me how much it matters…”

Procurement organisations need a solid reputation to prosper. A reputation for managing costs, managing risks, and managing governance because issues are exposed and exploited faster today than ever before, thanks to advanced communication and social media.

But, as you know, that’s not all procurement organisations do and doesn’t cover the range […]

Stakeholder Engagement: Moving Beyond Cost-Cutting to Value Creation

In a recent Deloitte CPO study, 74 percent of procurement executives said supporting enterprise-level cost reduction efforts was a top priority in 2016. However, more than 60 percent also said they felt their teams didn’t have the skills needed to achieve the desired results.

What’s a procurement leader to do? Visionaries […]

More choices for customers: Integrated source-to-pay offering with existing solution partners

Last week, BravoSolution announced the acquisition of Puridiom – a provider of on demand procure-to-pay solutions.  As indicated in the press release, this acquisition formulates the next step in BravoSolution’s journey to offer a single-provider, fully integrated source-to-pay solution to the market.

We’ve recognized a growing segment of the market that […]

BravoSolution Buys Puridiom: What this Milestone Means for Customers

We have exciting news to share: After a long, thorough and extensive search for the perfect partner, we have officially acquired Puridiom, a privately-held on-demand procurement and AP solutions company. This acquisition is a key part of our strategic plan to become a global source-to-pay solution leader with dedicated procure-to-pay […]

Sourcing Optimization Approaches and Techniques that Unlock Hidden Savings

Over the past decade, global connectivity, supply chain complexity and the pace of business has continued to accelerate, forcing sourcing teams to adapt to stay competitive. This shift, coupled with increased workloads and stagnant internal resources, have stymied the capacity, agility and performance of many internal procurement teams.

Without the time […]

Strategic Sourcing: Think it’s hard and complex? Think again…

Procurement professionals are continually asked to find new ways to generate value, cut costs and make their organizations leaner and more efficient. While somewhat effective, the majority of procurement organizations are still leaving a lot of value on the table since they take a tactical and transaction approach to sourcing.

Consider […]