October 2017

Savings: Looking Beyond Cost Reduction

By Dr Robert Handfield

Strategic cost management is a comprehensive, cross-enterprise initiative to systematically identify sources of waste in the supply chain, spanning new product development, purchasing, materials management, logistics, and customer-defined product attributes.

It requires that organizations think systematically about the sources of cost, identify non-value added costs, and establish targets for continuous cost reduction that create […]

Role of Digital Transformation in Procurement to be Explored at Middle East Event

Procurement firm BravoSolution Tejari is to discuss digital transformation in the Middle East procurement industry as part of the fifth Procurement Strategy Summit taking place in Dubai.

The summit, being held on October 11-12, will focus on how digital technologies are revolutionizing the procurement industry as well as how organizations can capitalize on this change in […]

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 a task using technical processes, […]

September 2017

P2P Best Practices for Generating Business Value

By Molly Reppen, Field Marketing Specialist at BravoSolution
Procure-to-Pay (P2P) solutions help companies simplify their purchases and payments, resulting in streamlined paperless processes that ultimately improve organizational efficiency. Companies in the end gain more visibility into all purchasing activities while automating the processes from requisition to payment to enforce controls and drive cost savings.

During ISM’s latest webinar […]

Implementing SRM: Does your organization have what it takes?

By David Atkinson

My interest in SRM goes back many years, in particular my experiences in aerospace and automotive. A specific feature of those two sectors is that suppliers are usually selected very carefully, because switching mid-programme can be expensive, hugely time-consuming, and sometimes feels close to impossible (regulation and custom and practice in safety-critical industries can […]

How Can You Tell if Your Procurement Team is Customer Centric?

Kelly Barner, Buyers Meeting Point, LLC

Traditionally, procurement works to deliver superior value to internal  stakeholder groups: including finance, operations, marketing, R&D, and the executive team. Many procurement teams have adopted a traditional ‘customer service’ model to guide their interaction and communication. While it is well-intentioned, using a customer service model with internal stakeholders limits procurement’s […]

If Procurement Was A Movie Title

By Andrea Brody, Chief Marketing Officer at BravoSolution
Procurement processes today are vast, complex, critical and strategic – and they tell a very compelling story.

If your procurement story was a movie, what would it be? This was the question we posed to our Tejari team. We got some very creative responses, ranging from the Titanic to The […]

Procurement’s Transformation: From Chief Penny Pincher to Chief Partner Officer

By Andrea Brody, Chief Marketing Officer at BravoSolution

Ten to 15 years ago, procurement was still fighting for organizational significance. Seen strictly as cost-cutters, CPOs lacked a true role at the board level, reporting to either the Chief Technology Officer, Chief Engineering Officer, Chief Operating Officer, or the Chief Financial Officer. The function didn’t have a voice […]

August 2017

How to get started with source-to-pay

Tom Pellescki, VP, Consulting and David Englebert, Director at BravoSolution

Your organization made the decision to implement a full end-to-end procurement platform – congratulations, this is a smart move that will enable your team to deliver more value for the business. Now that you’ve pulled the trigger on a source-to-pay (S2P) solution, what’s next? How do you determine which functional area […]

Strategic Procurement Needs an Integrated Platform

Strategic procurement requires a technology strategy, not just any technology, business processes and employees.  The only strategic procurement technology strategy is an integrated platform aimed at all aspects of procurement.  An integrated platform that connects risk, compliance, performance and articulates the impact is an intelligence tool bringing significant value into the business.

Technology is Magic

An integrated […]