eSourcing and eProcurement


BravoSolutionIn partnership with CIPS, BravoSolution welcomes you to the exclusive CIPS eSourcing & eProcurement knowledge area.

In this area, you will find resources, case studies and best practice guides on how to leverage eSourcing & eProcurement technologies to meet your everyday challenges, transforming conventional procurement
into a strategic function within your organisation by:

  • Using technology to robustly track and report on savings
  • Simplifying RFx processes across your organisation
  • Validating and justifying procurement decisions
  • Managing contract milestones, renewals and compliance
  • Driving supplier collaboration, engagement, communications and innovation
  • Managing internal and external stakeholders
  • Complying with local and organisational regulatory requirements 
  • Promoting user adoption
  • Extending your ERP system value

What's new?

Latest news in eSourcing & eProcurement

ON-DEMAND WEBINAR | Nurturing Procurement Talent in the Millennial Era

In this on-demand webinar, former CPO, Guy Allen looks at how Procurement can nurture Millennial talent to help address the shortage of talent in the procurement profession. After all, simply poaching staff from other organisations is not a sustainable solution for the profession as a whole.

BravoSolution On Demand Webinar
 

The Future of People, Processes and Technology

With the eldest of Millennials now in their early 30s, we are beginning to see them occupy more managerial and senior positions within workplaces. What this means is they’re beginning to imprint their beliefs and values on the workplace, shaping it to how they want organisations and teams to function.

In this whitepaper we look at the changes you can expect to see in the workplace, the procurement department and technology over the coming years and offer some considerations for the future of procurement.

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ON-DEMAND WEBINAR | Next Generation Supplier Management

 In this webinar, procurement expert and former CPO, Peter Smith (Spend Matters UK/Europe) takes a look at the role of Supplier Management in a contemporary setting and how new technologies and considerations will impact the concept in the future. Peter also offers 5 key principles that he believes will influence the future development of supplier management technologies.



The Twelve Procurement Days of Christmas

Many of you will know the old traditional Christmas song, the Twelve Days of Christmas. Its origins are lost in the mists of time, but what very few people realise is the purpose behind the song - that it was written as a training course for procurement people! Before CIPS, this song taught them pretty much all they needed to know about our profession. In this paper we analyse the song and its long-lost teachings.

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Top Tips to Make Your Procurement Suite RFP Stress-Free

The decision of choosing the right procurement technology will have a significant impact on your company’s bottom line, so it's important you get it right. Download this free toolkit to discover the top four frequently overlooked areas that you should consider when looking for a procurement suite provider.

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ON-DEMAND WEBINAR | From Graduate to CPO: Leadership Career Building in Procurement

Every young professional thinks hard about what they want to achieve and how they might get there. Early on, there are many choices and little clarity about which might be the best path. In this on-demand webinar, Craig Lardner FCIPS, details his journey from graduate to CPO of a FTSE 100 company, where he had a non-stop spend responsibility of $5,000 per minute for 20 years. Watch now to learn how to identify your strongest career opportunities.



The 10 Reasons why ERP fails Procurement

Increasingly, procurement teams are being asked to "do more with less". They're expected to report on value contribution whilst working with constrained budgets and leaner workforces. This is where technology can help by enhancing transparency, driving sustainable cost savings, reducing supply chain risk and influencing innovation amongst the supply chain. Existing mainstream Electronic Resource Planning (ERP) tools have failed to deliver these capabilities and have notable gaps in pro-actively helping procurement deliver more value to the business.

In this whitepaper, we examine the top ten reasons for why ERP falls short in meeting the needs of strategic procurement organisations.

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ON-DEMAND WEBINAR | The Good, the Bad and the Ugly of Source-to-Pay Implementation

Source-to-Pay implementation can be a daunting project and one that’s riddled with pitfalls and challenges. You have to understand the jargon, meet tight project deadlines and manage the interest of multiple stakeholders – and all whilst bringing the whole project in on budget. However, when done properly, a successful implementation can land you and your team respect and recognition from across your organisation.

In this on-demand webinar, procurement expert Guy Allen, looks at the benefits and pitfalls that come from implementing a eProcurement system and offers his advice on the considerations and common mistakes to take into account to ensure success.

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The Universe of Modern Procurement

The procurement profession has moved on in recent years and it's easy to get left behind. In this webinar, ex-CIPS President, Craig Lardner, explores the new universe of modern procurement and its constituent parts to help you identify, in terms of procurement capability, where you’re falling short and where you're not, as an individual and as part of a team.

 



 

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Resources

Resources to help you...

7 Reasons Why Projects Succeed
How can you deliver successful procurement projects? In this paper we discuss the top project success contributors identified in the latest 'Best Practices in Change Management' benchmarking survey from Prosci® and how they can be put into action.

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Quick Wins for the New Procurement Leader

In this briefing paper, we look at why it is important for new procurement leaders, in whatever leadership role they hold, to focus on demonstrating some “quick wins” during their relatively early days in the job.

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Putting Suppliers at the Centre of Your Organisation
In this briefing paper from procurement expert, Peter Smith, we consider the importance of suppliers to almost every organisation, and look at how procurement professionals can ensure they are doing everything they can to maximise the value generated for the organisation by these suppliers.

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ON-DEMAND WEBINAR | Supplier Value Management is the new Supplier Relationship Management

Suppliers can bring a lot of value to your organisation as sources of innovation and competitive advantage. It's therefore important that you manage them effectively and efficiently. In this webinar, we look at supplier lifecycle management and the benefits that a supplier-centric approach to procurement can bring to your organisation. Click here to watch the on-demand webinar and to download the presentation slides.



Driving Value from Your Sourcing Process

Too often, companies give away their competitive position before a final outcome has been agreed, weakening their negotiation position. In this live webinar, we focused on the key issue of competition in sourcing, looking at innovative ways that buyers can identify the best range of potential and then maintain competitive pressure throughout the sourcing process.

 



Putting Strategy into Action: A Procurement Roadmap for 2016

As a procurement professional, defining strategies and turning them into action plans comes with the territory. But all too often, translating procurement strategy into actionable plans can get lost in translation.

In this on-demand webinar, our guest speakers, Sigi Osagie and Peter Smith, address the critical success factors needed to deliver successful results in 5 key areas of procurement leadership.

 

Putting Strategy into Action: A Procurement Roadmap for 2016

The Universe of Modern Procurement

The procurement profession has moved on in recent years and its easy to get left behind. In this webinar, ex-CIPS President, Craig Lardner, explores the new universe of modern procurement and its constituent parts to help you identify, in terms of procurement capability, where you’re falling short and where you're not, as an individual and as part of a team. Click here to watch the on-demand webinar and to download the presentation slides.



A Guide to Contract Management

According to analysts, ineffective control of Contract Lifecycle Management cost businesses £100 billion per year in missed savings opportunities. Disputes over who controls the contracting process, the reluctance of legal teams to move to new technology, and the different data requirements of stakeholders have made it difficult for procurement teams to effectively manage contract compliance and vendor negotiations.

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Cancer Research UK Selects BravoSolution to Advance Contract and Category Management Performance

London – 15 December, 2015: World’s leading cancer research charity invests in a revamped, strategic approach to procurement.

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Cancer Research UK Selects BravoSolution to Advance Contract and Category Management Performance

Two of the United Kingdom’s Largest Hospitals Join BravoSolution's Spend Analytics and Benchmarking Cohort

London – 25 November, 2015: Two of the largest hospitals in the United Kingdom, Guy’s and St. Thomas NHS Trust and Leeds Teaching Hospitals NHS Trust, have recently joined BravoSolution’s BravoHealth spend analytics and benchmarking cohort.

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Guy's & St. Thomas' and Leeds NHS Press Release

Conflict Minerals 
Technology has become an integral part of society and the demand for minerals (such as gold, tungsten and tin) that are used in core technology components is growing as a result. However, whilst we enjoy our smartphones and tablet PCs, the sourcing of these lesser-known resources - or conflict minerals - is fuelling violent civil wars in the Democratic Republic of Congo and Uganda.
Find out more

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Can you Solve Risk with One Simple Equation?

In many organisations, Procurement is beginning to see risk as one of their responsibilities, second only to savings. In this short on-demand webinar we looked at identifying risk and considered how you might manage it to arrive at the best risk solution for your organisation.

View our on-demand Risk Management in the Supply Chain Webinar

 

NHS: The role of Technology in Procurement & Clinician Relationships

NHS: The role of Technology in Procurement & Clinician Relationships

In the midst of the current healthcare crisis, there has never been a greater need for increased co-operation, collaboration and communication in healthcare; for traditional boundaries to be broken down and differences overcome across the continuum of care, whether private or public sector, front-line care giver or technology provider.

View our on-demand webinar on the role of Technology in Procurement & Clinician Relationships

 

NHS: The role of Technology in Procurement & Clinician Relationships

Evaluate Bids and Tenders

Outsourcing Facilities Management is not a simple decision, the thought process behind this can raise many question over if it is right for your organisation.
Download decision making process 

In this on-demand webinar, we look at evaluating complex bids and tenders. This is far from the mechanical process that some might imagine, and takes us into challenging issues around weighting evaluation factors, and the basis for converting costs into scores so that we can compare cost against other factors. See how different methodologies can lead to totally different supplier selection results in some cases.

View our on-demand webinar on Evaluating Bids and Tenders

 

Evaluate Bids and Tenders


Events

Upcoming Events for your diary...

WEBINAR - Is an Integrated Source-to-Pay Solution Right for You?

Presented by Peter Smith, Spend Matters UK/Europe. In this webinar we will look at what exactly is meant by “source to pay” software and look at why it is gaining more traction in the industry. We will discuss how it compares to other approaches, particularly “best of breed” strategies,and look at options for implementation.

28 February 2017

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

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BravoSolution webinar

LIVE WEBINAR - Achieving strategic alignment for procurment with the Board ... in just three pages

This webinar will deal with the myth that setting strategy is very complicated and is only achievable by the planet's smartest minds.  For too long, we have held the view that we are mere mortals and that the ability to create a strategy is beyond us - we should just accept our mediocrity and leave strategy creation to the boardroom.  Craig Lardner (Former CPO, BOC Group) will take down this perceived giant by breaking it down into its logical component parts ... and do it in just three pages.

1 March 2017

09.30 GST - 10.30 GST | 16.30 - 17.30 AEST | 05.30 - 06.30 GMT-9 (Recommended for APAC and MENA)

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BravoSolution webinar

WEBINAR - Innovative Data Leveraging for Procurement Analysis

Presented by Dr. Robert Handfield, Supply Chain Resource Organization. This webinar will explore the types of problems and questions faced by procurement executives that can benefit most through the application of analytical solutions (e.g. innovation, strategic cost management, risk mitigation, etc.). In addition, we will cover the different forms of cognitive solutions that are emerging to drive real-time decision-making and predictive sourcing capabilities.

28 March 2017

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Sourcing Optimisation: Understanding The Process and The Benefits

Presented by Peter Smith, Spend Matters UK/Europe More and more companies are using sourcing optimisation approaches and software, with considerable success. As computing power increases, the possibilities for using the process are also growing, and the results can be startling (and very positive). This webinar will give an overview of optimisation, how it works, and the key factors to consider if you are considering introducing it or indeed extending its scope. We will also look at the different types of benefits that you can expect from optimisation.

25 April 2017

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

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BravoSolution webinar

LIVE WEBINAR - Two case studies that unlocked invisible value where cost price was a lower-level consideration

This webinar will look at two case studies that bring to life the reality and factual nature of improved business outcomes that have been masterly performed by procurement colleagues.  Craig Lardner (Former CPO, BOC Group) will talk about 'new value' and sometimes it's hard to visualise or imagine yourself in the picture of delivering these new value elements.  Case studies make it real and in many cases much better understood.  Craig's practical experiences bring these hard-to-visualise outcomes to life.  As he often does, he has a new procurement tool to show us that will turn someone else's case study into your reality.

17 May 2017

09.30 GST - 10.30 GST | 15.30 - 16.30 AEST | 06.30 - 07.30 GMT-9 (Recommended for APAC and MENA)

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BravoSolution webinar

WEBINAR - The Digital Procurement Era

Presented by Dr. Robert Handfield, Supply Chain Resource Organization. As organisations move to an environment characterized by cloud computing, the Internet of things, distributed computing, and mobile applications, it will be important to understand where and how these technologies can create value and support procurement decision-making.

23 May 2017

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Finding Hidden In-Year Savings

Presented by Guy Allen, Real World Sourcing Ltd. Most procurement plans establish targets to be delivered over a number of years, and indeed most of the effort in the current year will not achieve maximum returns until future years Procurement. But there is still a target to deliver this year, and due to unforeseen circumstances you many need find benefits that will count towards this year’s targets.

20 June 2017

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

LIVE WEBINAR - Measuring your Procurement Capability ... A Self-assessment Technique

The webinar will provide you with a do-it-yourself process for evaluating your and your team's capabilities across a collection of key competencies in executing modern procurement.  Capability assessment has been and will always be an important part of career development and team performance. There are solutions you can purchase and now there are self-assessment tools that give you a clear picture of your procurement capability.  Knowing where to start is half the challenge and Craig Lardner (Former CPO, BOC Group) will give us that start.

19 July 2017

09.30 GST - 10.30 GST | 15.30 - 16.30 AEST | 06.30 - 07.30 GMT-9

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BravoSolution webinar

WEBINAR - Supplier Relationship and Value Management: The Five Programme Killers and How to Overcome Them

Presented by David Atkinson, Four Pillars Ltd. This webinar offers two perspectives on implementing Supplier Relationship and Value Management: Firstly, as a programme, and then as a method. At the programme level, David Atkinson, MD of consultants Four Pillars, provides a model for developing your organisation’s supplier management strategy by introducing the five critical questions that will mean the difference between failure and success. For each of these questions, answers are provided that will get you thinking about how you will make Supplier Relationship and Value Management work for your organisation. In addition, a method for implementing Supplier Relationship and Value Management is explained, detailing the key enablers that are essential for any programme, along with a description of how to develop relationship strategies and set-up supplier engagement protocols.

25 July 2017

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Creating Transparency in the Supply Chain to Reduce Risk

Presented by Dr. Robert Handfield, Supply Chain Resource Organization Labor and Human Rights. With the advent of disasters like Rana Plaza in Bangladesh, as well as factory work in low cost countries, working conditions are becoming a hot button for many companies. An important transition into creating transparency is when large organizations can create a “federated” network, by integrating smaller firms into their network and drive a common purpose is a concept that is emerging as key to global competition.

29 August 2017 

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Supplier Relationship and Value Management: Does Your Organisation Have What it Takes?

Presented by David Atkinson, Four Pillars Ltd. There’s no point designing an SRM programme if your organisation lacks the competency to deliver it. Equally, simply training people without an agreed SRM method or strategy is a route to wasting your precious training budget. In this webinar, Four Pillars’ David Atkinson lays-out the skills necessary for effective SRM strategy development, the cross-functional creation of relationship strategies, and for supplier engagement that delivers real value to the buying organisation. Webinar participants will be able to benchmark their current skills, and identify their future development needs.

26 September 2017 

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

LIVE WEBINAR - Measuring the immeasurable:  KPIs have been replaced with QNVs (Quantified New Value).  Find out how to create them.

This webinar will explore the new performance measurement dimension of procurement.  The traditional measures have served us well, but it's time we moved on and showed our creativity and our credibility at the same time.  Previous webinars with Craig Lardner (Former CPO, BOC Group), explored new sources of value and that begs the question, "How do we measure new value?", "How do you measure the worth of an intangible benefit from a deal with a supplier?"  Our old KPIs have been re-invented and Craig will share some proven examples of how you can measure what we once thought was impossible to measure.  

11 October 2017

09.30 GST - 10.30 GST | 16.30 - 17.30 AEDT | 06.30 - 07.30 GMT-10

(Recommended for APAC and MENA audience)

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BravoSolution webinar

WEBINAR - Strategic Cost Management

Presented by Dr. Robert Handfield, Supply Chain Resource Organization 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.

17 October 2017

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Procurement Planning for 2018

Presented by Guy Allen, Real World Sourcing Ltd. So the year end is approaching and hopefully you’ve got your year end numbers in the bag. But as a leader you can’t rest on your laurels, you need to start thinking about how you will make 2018 even better than your current achievements. We will look at some of the steps you can take to develop your plans for 2018.

14 November 2017 

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

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BravoSolution webinar

WEBINAR - Delivering Value (Not Just 'Savings')

Presented by Peter Smith, Spend Matters UK/Europe Most procurement leaders now understand that the procurement proposition has to be about organisational value, which is far more than simply 'savings'. In this webinar, we will look at how procurement can best explain this to their senior stakeholders and demonstrate how procurement actions contribute to the wider organisational success and competitive advantage. That will include some new thinking on how to consider different spend categories in terms of goals and measures.

12 December 2017 

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

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Case studies

Understand how other organisations use eSourcing & eProcurement Technology

Case Study: UK | Cancer Research UK

Cancer Research UK is the world’s foremost independent charity dedicated to cancer awareness, research, prevention, diagnosis and treatment. Working collaboratively with scientists, the medical profession, international research institutes, patients and government bodies, and raising awareness through numerous fundraising projects, it has developed ground-breaking scientific research that has helped to save hundreds of thousands of lives across the world.

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Case Study: UK | Cancer Research UK

Case Study: UK | Scottish Government: Caley Construction Ltd

The Government’s introduction of PCS-Tender (developed, implemented and powered by BravoSolution) as a free-to-use, eSourcing solution across the country, has dramatically changed the lives of the suppliers that have opted to use it. One such supplier is Caley Construction, who has been using the PCS-Tender solution since its inception. Download the case study to learn how we're helping level the playing field for SME suppliers.

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Case Study: UK | The Post Office

Case Study: MENA | KNPC

KNPC's Challenge: To find an application that would seamlessly integrate with KNPC’s Enterprise Asset Management System that would comply with strict IT security protocols.

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Case Study: MENA | KNPC

Case Study: Germany | Deutsche Post DHL

DPDHL's Challenge: To build one integrated SaaS platform to support all eProcurement activity across a global enterprise, replacing fragmented toolsets and ironing out redundant activity.

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Case Study: Germany | Deutsche Post DHL

Case Study: UAE | DP World

DP World's Challenge: To find a solution that could overcome geographical, cultural and linguistic differences within the organisation, save time with supplier on-boarding and pre-qualification processes and dramatically reduce procurement cycle times and costs for their buying team.

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Case Study: UAE | DP World

Case Study: New Zealand | New Zealand Defence Force

NZDF's Challenge: To implement an integrated strategic procurement system to gain a collaborative approach towards buy-side and supply-side activities across a diverse set of locations.

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Case Study: New Zealand | New Zealand Defence Force

Case Study: Australia | TransGrid

TransGrid's Challenge: To adopt a supplier performance management system to assess, monitor and report on supplier performance in a consistent manner across all business units.

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Case Study: Australia | TransGrid

Case Study: UK | The Post Office

The Post Office's Challenge: To implement a whole suite of strategic sourcing solutions for its business-critical procurement activity, set up and integrate a new system whilst transferring all contract data from the legacy system.

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Case Study: UK | The Post Office

About BravoSolution

About BravoSolution

Every company’s strategic objectives are different. Today more than ever before, procurement leaders are uniquely positioned to deliver more value to the business by meeting those objectives. To accomplish this, Procurement must look for innovative ways to drive efficiencies and effectiveness across their organisation, processes and technology.

With its market leading global strategic procurement platform, 15+ years of practitioner experience, directly serving over 70 countries, BravoSolution helps more than 600 companies and 65,000 purchasing professionals worldwide unlock the power of procurement to drive financial performance, build procurement organisational excellence, manage risk, and influence innovation. BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to outperform.

BravoSolution

BravoSolution Acquires Procure-to-Pay Provider Puridiom

Chicago, August 8, 2016 — BravoSolution has acquired Puridiom, a privately-held on-demand procurement and AP solutions company based in Camp Hill, Pennsylvania. This acquisition expands BravoSolution’s footprint in the integrated Source-to-Pay market.

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BravoSolution Acquires Procure-to-Pay Provider Puridiom

BravoSolution in your CIPS region

Outsourcing Facilities Management is not a simple decision, the thought process behind this can raise many question over if it is right for your organisation.
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London, UK   Nodics, Helsinki, Finland   Duabi, UAE   Shanghai, China   Syndey, Australia

 


BravoAdvantage

BravoAdvantage is the strategic procurement platform that enables organisations to generate more value, influence innovation and reduce risk. Powered by a unique supplier-centered approach that integrates supplier lifetime value throughout the entire procurement process, BravoAdvantage provides the visibility, insight and transparency required to power and improve your procurement initiatives and decisions.

BravoAdvantage

Gain unparalleled supplier insight with Supplier Value Management

With Supplier Value Management, you gain a 360 view of your suppliers across the entire procurement process, making your procurement process more efficient and effective. Watch our overview video to learn more.