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BravoSolution Strategic Procurement Blog

Welcome to your resource for strategic procurement 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.

What Are Innovative Procurement Strategies?

High-performing CPOs focus on both driving the procurement function today and leading it into tomorrow. Tackling one objective without the other is short-sighted: strictly prioritizing traditional supply chain concerns — safety and accuracy, efficiency, risk mitigation, and lean principles — fails to set the strategic direction of the business, while […]

Drive Procurement Transformation & Avoid the Gaps

Many purchasing executives are looking to drive procurement transformation that rely on three major shifts:

their level of stakeholder engagement
their ability to align with the overall business strategy
their use of advanced procurement tools and technologies

[…]

Drive Procurement Value with Supplier Engagement

Palm oil has been all over the news lately – and not just because of health concerns around the way it’s processed. The problem actually goes much deeper than that, all the way to the depths of the supply chain, impacting procurement value. Recent reporting has shown that palm oil […]

Source to Pay – A Simple Question? Well, Maybe…

An old friend of mine is the acting Procurement Director for a pretty large and interesting organization, whose business combines elements of services, retail and property management. He called me a few weeks ago and said “Can you answer a simple question? Should we invest in a single source to […]

Achieving Strategic Procurement Alignment With The Board

Is your procurement organisation strategically aligned with your board’s goals? Can you make it happen?

In this forthcoming Real World Procurement webinar (1 March, 2017), Craig Lardner FCIPS will explain how you can achieve strategic alignment for procurement with the board. And in just 3 pages.

With a procurement career spanning 35 years, […]

Leverage Supplier Innovation in Your Procurement Organization

Rob Handfield, PhD, NC State University

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms […]

How to Build Your Procurement Bench: Top Talent Tips

The baby boomer generation is retiring. This isn’t news. We’ve been talking about the impending procurement software and services knowledge and skills gap for years now, trying to find ways to quickly and effectively replace outgoing talent with fresh faces that bring new insights and skill sets to the table.

An […]

Procurement Resolutions for 2017

With a new year comes new opportunities for procurement organizations to shine. There are plenty of ways to generate even more value for your organization in 2017, from more emphasis on nurturing best-in-class teams that are equipped to handle today’s ever-changing landscape, to better integration of all procurement tools and […]

Enabling the New Procurement Organization through Digital Transformation

Procurement has historically been under immense pressure to remain flexible and constantly adapt. Between keeping up with volatile economic conditions, product changes and regulatory requirements — all while focusing on adding value and increasing efficiency — change, agility and the ability to balance various critical, and often competing objectives, has […]

17 Planets of Value | Extended Q&A

In our recent webinar Planets of Value: Procurement Creates New Wealth for Organisations, Craig Lardner FCIPS provided a review of 17 Planets of Value. Several questions were asked during the Q&A session, but we ran out of time to answer a number of additional good questions. We’d like to thank Craig Lardner FCIPS for […]