Best Practices in Sourcing: Process Pays

•Download as PPTX, PDF•

1 like•345 views

A holistic, standardized and automated sourcing approach will deliver increased efficiency, less waste, continuous improvement through better information and best practice sharing, lower costs and higher service.

Business Technology

© BravoSolution - All rights Reserved CONFIDENTIAL
Best Practices in Sourcing:
Get More from Spend Analysis with Process
11/22/2010

© BravoSolution - All rights Reserved CONFIDENTIAL
The Formula for Sourcing Success
Visibility + Spend Analysis + Process

© BravoSolution - All rights Reserved CONFIDENTIAL
Want a World-Class Sourcing Team?
»Leaders consistently apply processes that are:
»Holistic, encompassing source-to-spend
»Standardized, with room for deviation
»Automated, using technology to optimize efficiency

© BravoSolution - All rights Reserved CONFIDENTIAL
Holistic Approach Drives Strategy & Execution
»Starts with opportunity identification through
spend analysis
»Continues seamlessly through contract
execution
»Link processes and technologies, like Esourcing
for continuity, visibility and efficiency

© BravoSolution - All rights Reserved CONFIDENTIAL
Standardization Levels the Playing Field
»Sets parameters -- and stakeholder expectations
»Project timelines, required resources, project
evaluation criteria and methodology
»Builds in wiggle room for deviation from the
standards
»Category, stakeholders, potential opportunity value
and more

© BravoSolution - All rights Reserved CONFIDENTIAL
Automation Accelerates Success
»Spend Analysis solutions
»Generate accurate, timely reports, scalable
»Esourcing applications
»Automate price discovery, bid evaluation analysis
and optimization
»Contract Management solutions
»Standardize language, track and measure compliance
assess supplier performance and risk
»Supplier Performance Management solutions
»Develop supplier surveys and scorecards; collaborate
to improve performance

© BravoSolution - All rights Reserved CONFIDENTIAL
The Bottom-Line on Process
»Holistic, standardized and automated
processes deliver:
»Increased efficiency and less waste
»Continuous improvement through better
information and best practice sharing
»Lower costs and higher service

© BravoSolution - All rights Reserved CONFIDENTIAL
Contact Us
»33 N LaSalle St
Chicago, IL 60602
Phone: +1 312-201-9600
Fax: +1 312-201-9700
»For more information on BravoSolution’s spend
analysis tool, visit BravoSolution.com
»Learn more about Spend Analysis here.

Viewers also liked

Estimating and Tendering methods for Construction Work

Daniel Ross

Contract & Tender Management

Anand Subramaniam

Supply Chain Management, Sourcing Pricing and Procurement Process

Rajendran Ananda Krishnan

Tender procedure slide

politeknik malaysia

Estimating and-costing book

Thomas Britto

Rates Analysis For Calculating Material and Labour for building works

Sourcing strategies

Strategic Sourcing

Tender

Supplier Relationship Management Initiatives are playing a critical role to drive Sustainable savings, operational efficiency and optimizing cash in many organizations especially in today's highly volatile commodity markets and risk-prone global supply chains. Yet many organizations do not realize the ROI and value that can result out of a best in class Supplier Relationship implementation that addresses all aspects of Spend categories including complex services. This session would focus on best practices that can be employed across the entire Procurement life-cycle including Invoice and Payment processes that help achieve quantifiable ROI and value.

Best Practices in Vendor Management, Strategic Sourcing, Procure to Pay and D...

SAP Ariba

Metrics For Vendor Management V4

karasi001

Supplier Risk Assessment

Gary Bahadur

Supply Chain Management, Procurement, Sourcing, Acquire, and Logistics

Rishabh Agarwal

7 step strategic sourcing

Nimisis

Strategic Sourcing & E Procurement

Anand Subramaniam

Viewers also liked (15)

Estimating and Tendering methods for Construction Work

Contract & Tender Management

Supply Chain Management, Sourcing Pricing and Procurement Process

Tender procedure slide

Estimating and-costing book

Rates Analysis For Calculating Material and Labour for building works

Sourcing strategies

Strategic Sourcing

Tender

Best Practices in Vendor Management, Strategic Sourcing, Procure to Pay and D...

Metrics For Vendor Management V4

Supplier Risk Assessment

Supply Chain Management, Procurement, Sourcing, Acquire, and Logistics

7 step strategic sourcing

Strategic Sourcing & E Procurement

More from BravoSolution

In recent years, procurement professionals have witnessed dramatic changes to the procurement and supplier management function. Today’s business environment demands that procurement play a more strategic role in the organization with an emphasis on “unlocking the power of procurement” in order to meet the current—and future needs—of the business, stakeholders, customers and yes, even the suppliers.

BravoSolution - 10 Steps to Unlock the Power of Procurement

BravoSolution

Supply management is a crucial component requiring a broad range of capabilities to continually maximize value to the business. Measuring this value is all about alignment: how well the processes are performing and the integration in the horizontal business process. When aligned, finance and supply management can allow for greatly improved performance and demonstrable business impact. During this presentation, you will learn best practices for measuring alignment and maturity and developing the capabilities required for supply management success.

How to Align with Finance and Procurement to Demonstrate Business Impact

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 approaches that drive new successes will be markedly different. This report looks at the transformative strategies that will unlock procurement's next wave of value.

5 transformative strategies to unlock more-procurement_value_ardent partners

BravoSolution

Merriam Webster defines “conventional” as typical, ordinary and the usual. Applying conventional to procurement diminishes the organizational value because it implies procurement is an elementary process to quickly satisfy needs verses seeking opportunities to secure unlimited value. Read the educational white paper featured below to help gain critical insights on how and why your organization needs 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.

The Future of Procurement: Is Conventional Procurement Dead?

BravoSolution

Unlike traditional spend management and procure-to-pay solutions, BravoAdvantage integrates supplier lifetime value throughout the entire strategic procurement process to provide organizations with unmatched visibility into their supply base through every phase of the strategic procurement process. The new offering delivers an advanced, transformational and proven approach to provide customers with a measurable advantage over competitors.

BravoAdvantage - Strategic Procurement Platform

BravoSolution

4 Ways Procurement Can Make a Bigger Business Impact in 2014

BravoSolution

The Case for Spend Analysis

BravoSolution

High-Definition Sourcing: Going Beyond Traditional Sourcing

BravoSolution

More from BravoSolution (8)

BravoSolution - 10 Steps to Unlock the Power of Procurement

How to Align with Finance and Procurement to Demonstrate Business Impact

5 transformative strategies to unlock more-procurement_value_ardent partners

The Future of Procurement: Is Conventional Procurement Dead?

BravoAdvantage - Strategic Procurement Platform

4 Ways Procurement Can Make a Bigger Business Impact in 2014

The Case for Spend Analysis

High-Definition Sourcing: Going Beyond Traditional Sourcing

Recently uploaded

Value Proposition canvas- Customer needs and pains

P&CO

Some HCL environments are not utilized to their full extent, and that is unfortunate. If only specific modules (such as Files or Activities) are used in HCL Connections, it is not perceived and experienced as the Enterprise Social Network it truly is. If Sametime is only used for internal chat, you are missing out on integrating tailor-styled web-meeting facilities into your key processes. If an HCL Notes application is not accessible via the web, fewer users will be able to find it. Kick-start your HCL environment with three business cases that are low-hanging fruit. All you need is some (re)thinking and user adoption!

Boost the utilization of your HCL environment by reevaluating use cases and f...

Roland Driesen

Monte Carlo simulation : Simulation using MCSM

Ravindra Nath Shukla

Saudi Arabia [ Abortion pills) Jeddah/riaydh/dammam/++918133066128☎️] cytotec tablets uses abortion pills 💊💊 How effective is the abortion pill? 💊💊 +918133066128) "Abortion pills in Jeddah" how to get cytotec tablets in Riyadh " Abortion pills in dammam*💊💊 The abortion pill is very effective. If you’re taking mifepristone and misoprostol, it depends on how far along the pregnancy is, and how many doses of medicine you take:💊💊 +918133066128) how to buy cytotec pills At 8 weeks pregnant or less, it works about 94-98% of the time. +918133066128[ 💊💊💊 At 8-9 weeks pregnant, it works about 94-96% of the time. +918133066128) At 9-10 weeks pregnant, it works about 91-93% of the time. +918133066128)💊💊 If you take an extra dose of misoprostol, it works about 99% of the time. At 10-11 weeks pregnant, it works about 87% of the time. +918133066128) If you take an extra dose of misoprostol, it works about 98% of the time. In general, taking both mifepristone and+918133066128 misoprostol works a bit better than taking misoprostol only. +918133066128 Taking misoprostol alone works to end the+918133066128 pregnancy about 85-95% of the time — depending on how far along the+918133066128 pregnancy is and how you take the medicine. +918133066128 The abortion pill usually works, but if it doesn’t, you can take more medicine or have an in-clinic abortion. +918133066128 When can I take the abortion pill?+918133066128 In general, you can have a medication abortion up to 77 days (11 weeks)+918133066128 after the first day of your last period. If it’s been 78 days or more since the first day of your last+918133066128 period, you can have an in-clinic abortion to end your pregnancy.+918133066128 Why do people choose the abortion pill? Which kind of abortion you choose all depends on your personal+918133066128 preference and situation. With+918133066128 medication+918133066128 abortion, some people like that you don’t need to have a procedure in a doctor’s office. You can have your medication abortion on your own+918133066128 schedule, at home or in another comfortable place that you choose.+918133066128 You get to decide who you want to be with during your abortion, or you can go it alone. Because+918133066128 medication abortion is similar to a miscarriage, many people feel like it’s more “natural” and less invasive. And some+918133066128 people may not have an in-clinic abortion provider close by, so abortion pills are more available to+918133066128 them. +918133066128 Your doctor, nurse, or health center staff can help you decide which kind of abortion is best for you. +918133066128 More questions from patients: Saudi Arabia+918133066128 CYTOTEC Misoprostol Tablets. Misoprostol is a medication that can prevent stomach ulcers if you also take NSAID medications. It reduces the amount of acid in your stomach, which protects your stomach lining. The brand name of this medication is Cytotec®.+918133066128) Unwanted Kit

Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills

Abortion pills in Kuwait Cytotec pills in Kuwait

Dive into the world of sales excellence with 'A Day in the Life of a Salesman/Woman.' This presentation offers insights into the daily routines and strategies of dedicated sales professionals, covering everything from strategic planning to closing deals. Explore key insights and practical tips for navigating the modern marketplace while celebrating the passion and purpose of those who drive the business forward.

A DAY IN THE LIFE OF A SALESMAN / WOMAN

IlamathiKannappan

Insurance IoT is a social good! Because: 🔵 Expected losses can be reduced structured programs with both real-time mitigation actions to solve a specific situation, and behavioral change mechanisms to promote safer behaviors (both in personal and commercial lines) 🔵 Rate can be matched to risks better: - Smaller and more accurate pricing clusters allow a large part of profiles to receive a lower rate - Even with the ability to price the individual probability of loss (cluster of one) the insurance foundation isn’t canceled (The risk of each policy will contribute to the expected losses of the portfolio; The premiums paid by many lucky policyholders will be used to pay the claims of the few unlucky policyholders who had an accident in a period of coverage) 🔵 IoT data can be used to increase the effectiveness and efficiency of the claim process, so improving the combined ratio ceteris paribus ⏩ Large part of the policyholders will pay less (and portfolios currently difficult to insure will become more insurable) Insurance IoT (and telematics) is not about providing a discount Insurance IoT (and telematics) is about creating economic value using the data and sharing part of this value with policyholders (and agents & brokers) An integrated holistic adoption of the IoT paradigm is a game changer for your insurance business and a social good: ◾ it allows to improve the availability and affordability of insurance coverages ◾while allowing the sector to write a profitable business Below you can enjoy a selection of best practices in both personal and commercial lines - written with some of the IoT Insurance Observatory members - that have already started to obtain results from their IoT business transformation journeys

Insurers' journeys to build a mastery in the IoT usage

Matteo Carbone

Are you looking for some sexual fun and erotic girl in the vibrant city of Lucknow? Look no further than our top-notch call girl services in Lucknow! Whether you prefer in-call or out-call services, we just need to call or WhatsApp us at 7388211116 In-call and Out-call services for Call girls in Lucknow Looking for privacy? Our in-call services provide a discreet and comfortable setting for your rendezvous with our lovely call girls in Lucknow. Best Price with hotel services When looking for the best-priced call girl in Lucknow, our services at Lucknow Call Girl Service stand out with our exceptional BDSM, GFE, Oral Experience, etc. We provide top-notch experiences that cater to your needs and desires, ensuring a memorable encounter every time. Call or WhatsApp us for more details - 7388211116

Call Girls in Gomti Nagar - 7388211116 - With room Service

discovermytutordmt

BooK Now Call us at +918448380779 to hire a gorgeous and seductive call girl for sex. Take a Delhi Escort Service. The help of our escort agency is mostly meant for men who want sexual Indian Escorts In Delhi NCR. It should be noted that any impersonator will get 100 attention from our Young Girls Escorts in Delhi. They will assume the position of reliable allies. VIP Call Girl With Original Photos Book Tonight +918448380779 Our Cheap Price 1 Hour not available 2 Hours 5000 Full Night 8000 TAG: Call Girls in Delhi, Noida, Gurgaon, Ghaziabad, Connaught Place, Greater Kailash Delhi, Lajpat Nagar Delhi, Mayur Vihar Delhi, Chanakyapuri Delhi, New Friends Colony Delhi, Majnu Ka Tilla, Karol Bagh, Malviya Nagar, Saket, Khan Market, Noida Sector 18, Noida Sector 76, Noida Sector 51, Gurgaon Mg Road, Iffco Chowk Gurgaon, Rajiv Chowk Gurgaon All Delhi Ncr Free Home Deliver

Best VIP Call Girls Noida Sector 40 Call Me: 8448380779

Delhi Call girls

HONOR Veterans Event Keynote by Michael Hawkins

Michael W. Hawkins

B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx

priyanshujha201

Call Girls In Delhi ☎8448577510 Door Step Delivery We Offering You 100% Genuine Completed Body And Mind Relaxation With Happy Ending ServiCe Done By Most Attractive Charming Soft Spoken Bold Beautiful Full Cooperative Independent Escort Girls ServiCe In All Star Hotel And Home ServiCe In All Over Delhi Noida Gurgaon Faridabad Ghaziabad Greater Noida, I Have Extremely Beautiful Broad Minded Cute Sexy & Hot Call Girls and Escorts, We Are Located in 3* 4* 5* Hotels in Delhi. Safe & Secure High Class Services Affordable Rate 100% Satisfaction, Unlimited Enjoyment. Any Time for Model/Teens Escort in Delhi High Class luxury and Premium Escorts ServiCe. ★ CALL US High Class Luxury and Premium Escorts ServiCe We Provide Well Educated Royal Class Female,High Profile Escorts Offering a Top High Class Escorts Service In the & Several Nearby All Places Of . ★ To Enjoy With Hot and Sexy Girls . ★ We Are Providing :- • Models • Vip Models • Russian Models • Foreigner Models • Call Center Working Girls/Women • Housewife • Collage Going Girls. • Travelling Escorts. • Ramp-Models • INDEPENDENT GIRLS / HOUSE WIFES ★OUR BEST SERVICES: ★ A-Level (5 Star Escort) ★ Strip-Tease ★ BBBJ (Bareback Blowjob) ★ Spending time in my rooms ★ BJ (Blowjob Without a Condom) ★ COF (Come On Face) ★ Completion ★ (Oral To Completion) bjnonCovered ★ Special Massage ★ O-Level (Oral sex) ★ Blow Job; ★ Oral Sex With A Noncondom) ★ COB (Come On Body) ★. Extraball (Have Sex Many Times) ★ All Meetings We Provide Hottest Female With Me Are Safe And Consensual With Most Limits Respected Complete Satisfaction Guaranteed…Service Available In:- 24/7 3* 4* 5* Star Hotel Services . In Call & Out Call ServiCe Available Also. FOR BOOKING Call/WhatsApp ☎+91-8448577510 ★ I Guarantee You To Have An Unforgettable Experience With Me.A Curvy Body, long Hair and Silky Smooth Skin. She Is an Independent Escorts Model Will Give You More Pleasure & Full Satisfaction. ★ I am Very Sensual and Flirtatious With Charming Personality! I Love To laugh and My Bright Smile Is Ever Present. ,HOTEL & HOME SERVICE..PLZZ ★ Available Near All 3* 4* 5* Hotels Of I Want Only Hotel Name , Guest Name , Room No. Only For Confirmation. —– Booking 24/7 HRS —–

Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...

lizamodels9

Call Girls In Mahipalpur (Delhi) Call or Whataap {+91-8377877756} Escorts Provide 24×7 Available With Room ☆☆TIMINGS 24 HOURS OPENS☆☆☆ Booking Now Gentleman Only:-Call Now Best High Class Normal Call Girls Escorts Service In Delhi NCR 24-7 Hours Available Service I provide In Delhi NCR Female Escorts Sex Service 100% Customers Satisfaction Guarantee VIP Profiles Top Grade Service 100% Cooperative All round Service ꧁❤8377877756❤꧂ InCall: – You Can Reach At Our Place in Delhi Our place Which Is Very Clean Hygienic 100% safe Accommodation OutCall: – Service For Out Call You Have To Come Pick The Girl From My Place. We Also Provide Door Step Services. Note: – Pic Collectors Time Passers And Bargainers Stay Away As We Respect The Value Of Your Money And Time And Expect The Same From You. 8377877756. Hygienic: – Full Ac Neat And Clean Rooms Available In Hotel 24 * 7 Hrs In Delhi NCR 8377877756. Place: – South Extension Nehru Place Saket Malviya Nagar Munirka Vasant Kunj Safdarjung Katwaria Sarai Lajpat Nagar Kalkaji Hauz Khas Mahipalpur Dwarka Karol Bagh Noida Gurgaon Faridabad All Outcall Only Hotel Service In Delhi Ncr 8377877756. We are providing. : – House Wife’s : – Private Independent House Wife’s : – Private Independent Collage Going Girls : – Corporate MNC Working Profiles : – Call Center Girls : – Live Band Girls : – Foreigners and Many More: – Independent Models Service type : – Incall Short 2500 : – Outcall Short 3500 : – Incall Night 8500 : – Outcall Night 95,00 For Pictures And Other Details Pls Whatsapp Me Otherwise Call Me Any Time Incall Outcall Both Are Services Available Door Step, House, Apartment, Guest House, Flate, All Star Hotel Available ꧁❤8377877756❤꧂ THANKS FOR VISITING. Booking 24×7 HRS

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756

dollysharma2066

unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi

Abortion pills in Kuwait Cytotec pills in Kuwait

Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore Booking Contact Details :- WhatsApp Chat :- +91-7737669865 2-May-2024(SMW) Call Girls In Model Towh Bangalore +91-7737669865 !! Best Woman Seeking Man Call Girls Service, Escorts Service in Home Hotel in Bangalore NCR 24 Hours Available Service Call Girls, Contact Us +91-7737669865 (Any Time. Any Where) Call Girls in Bangalore, Noida, Gurgaon, Ghaziabad,Sexy Indian Female Escorts Service Bangalore NCRWelcome To Bangalore Escorts Service – An All Over New Bangalore Very Sexy Hot Call Girls Agency Service Escorts In South BangaloreNCRBangalore’s No. 1 High Profile Independent Female Escorts Service. We Provide Good Quality Educated Profile At Very Regnebal Price 100% Safe And Original.We Are Provide Escorts Service All OYO Hotels ,3*,4*,5* Star Hotel And Home Flat, Apartment. Guest-House. Services In -Call And Out – Call Both Are Services Available. 24Hrs. Any Time Any Where. In All Over Bangalore Noida Gurgaon Ghaziabad Faridabad.More Information And Contact Profile Real Pic Visit Our Website City Wise Escorts Service Agency.Good Looking Cheap And Best Models Girls U Can Get Best Click On Link……Night Call Girls Now In Hotel Le Meridien Gurgaon Near Female Escort One Shot — 5000/in call (time 1 hour), 6000/out call Two shot with one girl — 8000/in call (time 2 hour), 10000/out call Body to body massage with sex- 8000/in call (time 1 hour) Full night Service for one person– 12000/in call, 13000/out call (shot limit 3-4 shots) Full night Service for more than 1 person — please contact Us —7737669865 We are available 24*7 all days of the year. Call us — 7737669865 Thank you for Visiting.

Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...

amitlee9823

Organizational Transformation Lead with Culture

Seta Wicaksana

0183760ssssssssssssssssssssssssssss00101011 (27).pdf

Renandantas16

VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS Live Booking Contact Details :- WhatsApp Chat :- [+91-9999965857 ] The Best Call Girls Delhi At Your Service Russian Call Girls Delhi Doing anything intimate with can be a wonderful way to unwind from life's stresses, while having some fun. These girls specialize in providing sexual pleasure that will satisfy your fetishes; from tease and seduce their clients to keeping it all confidential - these services are also available both install and outcall, making them great additions for parties or business events alike. Their expert sex skills include deep penetration, oral sex, cum eating and cum eating - always respecting your wishes as part of the experience (07-May-2024(PSS)

VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...

Call Girls In Delhi Whatsup 9873940964 Enjoy Unlimited Pleasure

Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...

Lviv Startup Club

"Embrace the epitome of hospitality at M.C Lodges in Jhang, Pakistan. Tucked away in scenic surroundings, our guest house offers more than just a stay—it's an experience. With innovative key card security, attentive room service, and the comfort of air conditioning and Wi-Fi, every moment is crafted for your utmost enjoyment. Park your worries, and immerse yourself in the charm of our cozy retreat, where luxury meets warmth, and every detail speaks of our dedication to your satisfaction."

M.C Lodges -- Guest House in Jhang.

Aaiza Hassan

MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL

Seo

Recently uploaded (20)

Value Proposition canvas- Customer needs and pains

Boost the utilization of your HCL environment by reevaluating use cases and f...

Monte Carlo simulation : Simulation using MCSM

Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills

A DAY IN THE LIFE OF A SALESMAN / WOMAN

Insurers' journeys to build a mastery in the IoT usage

Call Girls in Gomti Nagar - 7388211116 - With room Service

Best VIP Call Girls Noida Sector 40 Call Me: 8448380779

HONOR Veterans Event Keynote by Michael Hawkins

B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx

Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756

unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi

Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...

Organizational Transformation Lead with Culture

0183760ssssssssssssssssssssssssssss00101011 (27).pdf

VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...

Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...

M.C Lodges -- Guest House in Jhang.

MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL

Best Practices in Sourcing: Process Pays

3. © BravoSolution - All rights Reserved CONFIDENTIAL Want a World-Class Sourcing Team? »Leaders consistently apply processes that are: »Holistic, encompassing source-to-spend »Standardized, with room for deviation »Automated, using technology to optimize efficiency

4. © BravoSolution - All rights Reserved CONFIDENTIAL Holistic Approach Drives Strategy & Execution »Starts with opportunity identification through spend analysis »Continues seamlessly through contract execution »Link processes and technologies, like Esourcing for continuity, visibility and efficiency

5. © BravoSolution - All rights Reserved CONFIDENTIAL Standardization Levels the Playing Field »Sets parameters -- and stakeholder expectations »Project timelines, required resources, project evaluation criteria and methodology »Builds in wiggle room for deviation from the standards »Category, stakeholders, potential opportunity value and more

6. © BravoSolution - All rights Reserved CONFIDENTIAL Automation Accelerates Success »Spend Analysis solutions »Generate accurate, timely reports, scalable »Esourcing applications »Automate price discovery, bid evaluation analysis and optimization »Contract Management solutions »Standardize language, track and measure compliance assess supplier performance and risk »Supplier Performance Management solutions »Develop supplier surveys and scorecards; collaborate to improve performance

7. © BravoSolution - All rights Reserved CONFIDENTIAL The Bottom-Line on Process »Holistic, standardized and automated processes deliver: »Increased efficiency and less waste »Continuous improvement through better information and best practice sharing »Lower costs and higher service

8. © BravoSolution - All rights Reserved CONFIDENTIAL Contact Us »33 N LaSalle St Chicago, IL 60602 Phone: +1 312-201-9600 Fax: +1 312-201-9700 »For more information on BravoSolution’s spend analysis tool, visit BravoSolution.com »Learn more about Spend Analysis here.

Best Practices in Sourcing: Process Pays

Recommended

Recommended

More Related Content

Viewers also liked

Viewers also liked (15)

More from BravoSolution

More from BravoSolution (8)

Recently uploaded

Recently uploaded (20)

Best Practices in Sourcing: Process Pays