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October 2015

Moving Procurement to a Vital, Relevant and Valuable Function

Is Procurement relevant and vital to your business? Does Procurement contribute value beyond merely placing purchase orders and expediting purchases? Does Procurement support top-line and bottom-line strategies and deliver significant results to impact your business?

Is Supplier Diversity a Shell Game?

Greg Thomas, Vice President at BravoSolution US

Leverage diversity programs to maximize business growth and procurement performance.

Procurement is like a game of ‘Would you rather…?’ Would you rather deal with shorter lead times or higher costs? Would you rather give a little on product quality or pay the higher price?

The same theme holds true for supplier […]

10 Steps to Unlock the Power of Procurement

Learn the ten critical steps required to move beyond conventional procurement to the next generation of “unlocked procurement” in order to reap significant value from your procurement processes and supply base.

Supercharging Category Management: Free Yourself from Siloed Sourcing to Unlock Breakthrough Value

By Spend Matters and BravoSolution

This isn’t just any old research paper. This is an entire ebook chock full of value-unlocking category secrets. In a world where procurement organizations are continuously tasked to do more with less, we’ll take you way beyond the 2×2 matrix and to a place where cross-functional, multidimensional category management goes way […]

Five Transformative Strategies to Unlock More Procurement Value

By Ardent Partners and BravoSolution

The current generation of procurement professionals has witnessed first-hand a period of unrivaled advances for their profession as market forces and new technologies combined to pull procurement to the center of business operations and business results. While the foundation of procurement’s future will be built upon the past, the strategies and […]

Conflict Minerals: A Bloody Sourcing Risk

Blood diamonds may get Hollywood attention, but it is the sourcing of lesser-known natural resources, known as conflict minerals, that fuel civil wars in the Democratic Republic of Congo and Uganda.

Conflict minerals (including tin, tantalum, tungsten and gold, among others) are core components in many high-tech products that consumers use every day, from smartphones and laptops to auto-mobiles and medical devices.

The […]

The Role of Procurement in Delivering Improved Company Valuation

Improving an organization’s procurement brings benefits far beyond saving money or raising quality standards. It can dramatically improve the valuation of the organization as a whole.

At a time when many companies are facing tough times, procurement is becoming recognized as an essential component of corporate strategy for leading organizations. It is well understood by CEOs […]

Three Occasions When Procurement Should Spend More

Procurement and senior executives who manage procurement are often overly fixated on savings and unit cost reduction. This is not only short sighted; it can drive perverse outcomes and does not begin to exploit the value that procurement can bring.

A corollary is that it will be appropriate at times to spend more money buying particular […]

Our Only Security is Our Ability to Change

Change can be daunting; it’s riddled with risk and challenges. Yet, it is our ability to change and innovate that offers our only security to grow and survive within a competitive market.

In this white paper we examine the importance of change in procurement and offer 10 best practices for managing change across the supply chain, […]

4 Ways to Improve Retail Supply Chain Performance through Cost Savings

By Chris Horacek, Vice President at BravoSolution

Brick-and-mortar retailers are fighting an uphill battle.  Thankfully, there is some good news: some of the most successful retailers have cracked the code to improve savings, operations and the bottom line. So what do they have in common? These retailers:

Purchase smarter: to improve efficiency and cross-category/department savings
Prioritize transportation […]