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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.

Bank Muscat advances its procurement operations with BravoSolution

BravoAdvantage eAuction achieved a 20% reduction in overall costs on a single project for Bank Muscat

BravoSolution enters into an extended three-year contract for strategic technology solutions with auction capabilities

 Dubai, 06 October 2017 – BravoSolution, a strategic procurement company, today announced Bank Muscat has signed a three-year extended agreement for its strategic procurement solutions.

Bank Muscat, the […]

2018: A Casserole of Chaos

By Guy Allen, Managing Director, Real World Sourcing Ltd.

Outside of wartime, it is difficult to think of a year that represents greater uncertainty than 2018 is likely to deliver. Brexit, the Trump administration and Catalonian campaign for independence represent a trinity of turmoil that challenges the relatively stable progress of Western liberal democracy and commerce (and all […]

Digital transformation reduces strategic sourcing costs and cycle times by 30 percent

Research by The Hackett Group in conjunction with BravoSolution Tejari offers new research on transformative benefits of procurement digitization

UAE, Dubai, October 31, 2017 – BravoSolution Tejari, the leading global strategic procurement provider, will host a webinar in conjunction with The Hackett Group around the procurement benefits of digital transformation.

The webinar will take place on […]

Strategic Cost Management

This webinar was recorded on 17 October 2017

Strategic Cost Management, A Collaborative Approach. Cost reduction will continue to be a priority for organizations in multiple sectors. To drive value, organizations must look beyond price reduction achieved through strategic sourcing, and begin to think about impacts to other elements of cost.

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 […]