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Gartner Names BravoSolution as Most Visionary Strategic Sourcing Vendor in Leaders Quadrant

Wednesday, July 3, 2013 5:38 PM

Gartner Names BravoSolution as Most Visionary Strategic Sourcing Vendor in Leaders Quadrant

Gartner, Inc. just released the latest Magic Quadrant for strategic sourcing technologies,* and BravoSolution is positioned as a Leader with the furthest placement on the Visionaries axis out of 29 vendors, and second highest placement for its ability to execute.

"Our vision for procurement has evolved significantly over the past few years. Today, we're moving beyond cost savings to help some of the top organizations in the world grow faster and more profitably," said BravoSolution CEO Nader Sabbaghian. "The technology and skills that procurement needs to excel are rapidly evolving, and we believe Gartner's recognition is a testament to our commitment to improve alongside them."

The urgency to realize more value from procurement and sourcing operations is high: BravoSolution has seen that clients with high sourcing maturities improve operating margins by 350 basis points and return on invested capital by 380 basis points -- which amounts to hundreds of millions of dollars in potential profits for large, global organizations.

Download a complimentary copy of the 2013 Magic Quadrant for Strategic Sourcing Application Suites today. The report, available from BravoSolution, evaluates vendors based on ability to execute and completeness of vision. For more information visit BravoSolution.com.

*Gartner, Inc., Magic Quadrant for Strategic Sourcing Application Suites, Deborah R. Wilson, et al., July 1, 2013.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About BravoSolution

Supply management executives are now, more than ever, under pressure to deliver more savings, develop and manage strategic supplier relationships, accelerate procurement cycles, and maintain process excellence. Confronted with these diverse yet consistent challenges, CPOs and sourcing professionals must seek tailored solutions that deliver rapid ROI to their business.

BravoSolution offers leading software and services to fit the needs of today’s sophisticated supply management organizations. Our services organization, one of the world’s largest teams of professionals dedicated exclusively to sourcing and procurement consulting, delivers lean, targeted services to support strategic sourcing and procurement initiatives. Our industry leading software toolkit supports the full supply management lifecycle across a myriad of industries, geographies and business models.

As of today, over 50,000 procurement professionals in 60 different countries are benefiting from BravoSolution’s technology and services – unlocking tangible benefits such as increased process efficiency, decision support, cost reduction, improved process governance, greater quality relationships with vendors and the ability to share, understand and act upon the wealth of sourcing-related data held within their organization. Learn more at BravoSolution.com.

(Source: Business Wire )
(Source: Quotemedia)


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