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What Do I Need to Know About My Suppliers?

The role of the procurement professional used to be perceived as focusing principally on our work to choose a supplier and put a contract in place. Even when category management first became the core process for the profession, some twenty years ago, it still tended to focus on researching supply markets, understanding needs and presenting […]

New Study Shows 91 Percent of Procurement Teams Struggle to Prove Value

Research commissioned by BravoSolution suggests procurement organizations need better analytics to reach full potential

December 14, 2017 10:00 AM Eastern Standard Time

CHICAGO–(BUSINESS WIRE)–Procurement organizations are confident in their ability to drive value, but struggle to prove it, according to a […]

Procurement – Of Course It’s Value …

By Peter Smith, Managing Director Spend Matters UK/Europe

One of the advances in terms of procurement thinking in recent years has been the general understanding and acceptance that the role of procurement goes far beyond cost and savings, and is fundamentally about value. Procurement’s role is to manage (in some sense) the organization’s third party spend in a […]

JAGGAER to Acquire BravoSolution

The world’s most comprehensive indirect and direct Source-to-Pay solutions suites will join together with BravoSolution to collectively form the only global eProcurement company poised to produce comprehensive, innovative, and vertically focused indirect and direct solutions powered for and by our

Investing in Procurement with Digital Transformation

By Andrea Brody, chief marketing officer of BravoSolution

Organizations are aggressively implementing new technologies to streamline processes and increase efficiency, but one department is treading behind: procurement.

The Hackett Group’s Sourcing Cycle Time and Cost Measurement Study, which surveyed procurement professionals from a variety of industries, shows that for every $1 billion in spend, companies have an average of […]

Don’t Think Procurement Plays a Role in Defending the Corporate Brand? Think Again.

By Andrea Brody, chief marketing officer at BravoSolution

If procurement leaders don’t realize they have significant responsibility to protect the corporate brand, they should watch the latest documentary from a German broadcasting station which uncovered cruel labor and animal welfare practices in the making of major ingredients in Haribo gummy bears. The investigation is called Markencheck which literally means Brand […]

Supply Chain Sustainability: Recent Commitments Highlight Procurement’s Critical Role

Supply chain sustainability has dominated much of the news cycle these past few weeks. Take, for example, the following commitments from some of the worlds’ biggest brands:

Coca-Cola committed to ambitious sustainability goals promising to increase renewable energy, reduce packaging and double the number of employees taking part in related volunteering initiatives.
General Motors has vowed to implement a […]

Procurement Unplugged: Achieving Digital Transformation & Why Procurement Needs to Invest Now

By: Andrea Brody, Chief Marketing Officer, BravoSolution
Did you know that companies devote an average of 16 full-time staff to the sourcing process for every $1 billion in spend? In The Hackett Group’s latest 2017 Sourcing Cycle Time and Cost Measurement Study, their research confirmed the reality that teams are stretched thin, and that half of all […]

Digital Transformation Reduces Strategic Sourcing Costs and Cycle Times by 30%

In this report, The Hackett Group shares the results of their 2017 Sourcing Cycle Time and Cost Measurement Study

VIDEO: BravoAdvantage Analytics

BravoAdvantage Analytics empowers sourcing teams by providing them with the visibility and insights needed to make informed business decisions.