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
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.
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
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.
Copyright Business Wire 2013