BravoSolution Strategic Procurement Blog

BravoSolution Procurement Software Divider Strategic eProcurement 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.

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Spend Analysis: Dos and Don’ts for Effective Decision Making

By Andrea Brody, Chief Marketing Officer at BravoSolution

Spend analysis is a crucial component of a team’s procurement strategy – it sheds light into where the organization’s resources have been invested, by whom, and for what. When this data is analyzed and acted upon in the right way, teams are better […]

The 5 SRM Killers: How to Make SRM Right & Bring it Back to Life

By: Molly Reppen – BravoSolution Field Marketing Specialist
Embedding Supplier Relationship Management (SRM) is not an easy journey for most organizations, despite its obvious attraction as a practice. An effective SRM strategy and methodology is the essential blueprint that plenty of today’s CPOs are often struggling to find and to hold […]

eAuctions: When Done Right, Still the Best Way to Cut Costs

By Bill King, account director at BravoSolution

When eAuctions were introduced in the mid 1990’s, purchasing departments couldn’t move fast enough to harness the power of competition to get the lowest possible cost from suppliers.

Today, eAuctions have seemingly fallen out of vogue, but to riff on Monty Python’s The Holy Grail¸ […]

Winter is Coming: Game of Thrones Battle Strategy for Procurement Pros

By Andrea Brody, chief marketing officer at BravoSolution

Season 7 of Game of Thrones is underway. And for procurement pros, the hit show serves as much more than much-watch TV – it offers a detailed roadmap and battle plan for unlocking the power of procurement. Here’s what you need to know:

“I drink, […]

What Your Procurement Vendor Should Provide to You Beyond Normal Classroom Training

By: Aisha Fairfax, Global Education Manager at BravoSolution

Classroom training for procurement project success is just a single step on the path to achieving positive business objectives; it is not the beginning nor the end.

ProSci, a change management research firm, developed an intuitive change management approach referred to as the ADKAR […]

Choosing a Strategic Procurement Platform: What IT Should Know

By Andrea Brody, chief marketing officer at BravoSolution

An integrated procurement approach – backed by strategic procurement technology that automates and digitizes key outputs – is foundational for financial and operational success.  Given the competitive benefits to the entire organization – which include offering teams more ways to save, reduce risk […]

The Five SRM Killers

By David Atkinson

Barely a week goes by without yet another story in the press of failures of suppliers to provide goods and services to a standard set out in the contract. We also hear of supermarkets, defense contractors, building firms, public sector purchasers who fall below the standard of expected […]

IT’s Role in Procurement Digitization

By Andrea Brody, chief marketing officer at BravoSolution

Procurement leaders today are expected to be a jack-of all trades – delivering value across every business unit, and contributing to every strategic objective. Digital business transformation makes this possible, but procurement needs IT’s help to get to procurement digitization.

This shouldn’t come as a surprise […]

What Does Amazon’s Whole Foods Acquisition Mean for Retail Procurement?

By Andrea Brody, chief marketing officer of BravoSolution

Amazon’s purchase of Whole Foods Market for a whopping $13.7 billion sent shockwaves through the retail industry. In an era where online shopping is now the norm, traditional brick-and-mortar retailers are constantly forced to find new ways to stay relevant. This acquisition only […]

Procurement Technology: Don’t Settle for Best-of-Breed or Best-of-Suite. Consider “Best-of-Choice.”

By Andrea Brody, chief marketing officer of BravoSolution

The best-of-breed vs. integrated solution battle has been ongoing for years. Back in the day, buyers were forced to choose between stand-alone systems that specialized in one area of procurement or an integrated system that offered modules for each function, but with varying […]