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.

General Motor’s Smart Move: No More Squeezing Suppliers on Cost

Last month’s news from General Motors (GM) that it will work more closely with 400 of its part suppliers on cost and delivery terms deserves a long and hearty round of applause. Known for its “tough” negotiations with suppliers, the announcement represents a courageous change in strategy for the automaker, […]

How To Reflect On Your Procurement Journey … And Plan Its Future

Procurement professionals are instrumental in solving increasingly significant challenges, locally and globally. In our recent Real World Procurement Series Webinar titled From Graduate to CPO: Leadership Career Building in Procurement, Craig Lardner FCIPS outlined his journey from graduate to CPO. With 20 years as a CPO and spend responsibility of $5,000 per minute, non-stop, […]

To EU or Not to EU: That is the Question

Unless you’ve been living in a nuclear bunker, or camping out in very remote woodland, you will have heard about a certain EU Referendum taking place on the 23rd of June. There has been a lot of discussion about this in the press on both sides of the argument, but for this article we’ll be taking a step back and looking at it from a certain point; what effect will this have on the procurement professionals of the UK Public Sector? […]

9 Reasons Procurement Systems Win Over ERP

Constrained budgets, leaner workforces and an increasing pressure to deliver value are causing many organizations to rethink their technology investments. The benefits of procurement technology are clear – the right solution can enhance transparency, drive sustainable cost savings and reduce supply chain risk, all while influencing innovation. But with so […]

Procurement Professionals: Agents of Change

Procurement professionals are instrumental in helping to solve increasingly significant challenges, locally and globally. The critical importance they play in the evolution and sustainability of organisations is recognised in the recently published Procurement Salary Guide and Insights 2016.

Agents of Change

Based on the Hays Salary Survey, including responses from 4,000 procurement […]

The Forgotten Stakeholder in Source-to-Pay Implementation

Efficient processes, reduced admin, greater strategic insight, and the opportunity to identify considerable savings – who wouldn’t want a suite of systems that helped you do that? Well you’d be surprised.

When embarking on a Source-to-Pay (S2P) project, it’s widely accepted that we need our internal stakeholders brought on board and […]

Technology: Health Means Wealth in Procurement

According to the Merriam-Webster Online Dictionary, health food is defined as food promoted as highly conducive to health or a food that is believed to be good to your health.  Technology, according to Merriam-Webster, is the practical application of knowledge especially in a particular area and a manner of accomplishing […]

Is Your Procurement Team Fit, Valued and Leading?

Or are you underachieving?  Is your team perhaps not quite up to the leader status with average or laggard performance?  While it may not be something you want to readily admit, the quicker you acknowledge lack of performance, the sooner you can start preparing for a better future and start […]

Just-in-Time Supply Can Be a Buyer’s Nightmare

According to Automotive Logistics, Fiat Chrysler Automobiles (FCA) cancelled production shifts last week at two different sites because of a parts shortage.  A facility in Toledo, Ohio manufacturing the Jeep Cherokee ran only partial shifts early in the week, no production on Wednesday and Thursday and restarted production mid-day on […]

Six Benefits of Supplier Value Management Technology

The days of managing suppliers through phone calls and BASS email exchanges are long gone. With the modern supply chain presenting new external pressures and complexities, procurement departments need collaborative and flexible tools to manage the entire supplier lifecycle. The result has been a global shift away from the traditional […]