[June 15, 2011]

Spend Analysis, Supplier Performance Management Emerge as Top Trends for 2012 at BravoSolution's Customer Conference

BravoSolution, the spend analysis and supplier performance management company, gathered top industry practitioners and analysts at its annual U.S. trends conference - who identified the increasing pressures of global supply chains, managing supplier risk and collaboration as top issues for next year.

Customizing eSourcing to meet specific category needs and challenges is another bellwether of performance-driven changes. The overall theme among top practitioners is clear: Extracting every ounce of value from trusted suppliers and minimizing risk in the process.

BravoSolution's combination of skills, process and technology is relied on by some of the world's leading retailers, manufacturers, healthcare organizations, government agencies and infrastructure companies.

Another flashpoint in driving performance: managing logistics spend across sourcing and contract management.

Healthcare practitioners are aggressively driving collaboration in surcing. The intense requirements to effectively manage massive categories and high dollar volumes is leading hospitals, GPOs and healthcare networks to bridge the barriers between suppliers, manufacturers and customers.

"The event delivered a great blend of user case studies, best practices and thought leadership, including several executives who demonstrated how their sourcing organizations have been able to leverage collaborative and advanced sourcing solutions to centralize the management of their spend and drive greater value for their companies," said Andrew Bartolini, the chief research officer at Ardent Partners.

Also speaking at the conference were Jason Busch of Azul Partners and Mickey North Rizza of Gartner (News - Alert) Group.

"The global economy continues to shake up the supply chain - which presents immense opportunities and challenges for the world's biggest companies," said Marc Bergeron, general manager for BravoSolution US. "Bringing the top practitioners and analysts together to learn from each other is an exceptional opportunity."

For more information about BravoSolution's spend analysis, eSourcing and healthcare sourcing solutions, visit BravoSolution.com

About BravoSolution

Your company spends money across multiple categories of items and in many different ways. As procurement professionals, you are accountable for delivering demonstrable improvements to your company's financial performance. To achieve your performance goals, your entire team - sourcing, vendor, contract, and production managers - needs to work together to determine the best way to manage every single category to maximize its contribution to your company's bottom line.

Analysts have seen that the right blend of skills, process, and technology improves a company's financial performance by 30 cents on every dollar spent. In their search for a partner that can help them achieve this level of excellence, companies turn to BravoSolution.

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