Air Liquide Selects BravoSolution to Align Global Procurement

CHICAGO--(EON: Enhanced Online News)--Air Liquide, the leading provider of gases for industry, health and the environment, has selected BravoSolution, the spend analysis company, to streamline and unify its supplier assessment process across its $7.8 billion global procurement network.

“Procurement’s performance dictates the success of the Air Liquide Group”

BravoSolution will serve as the sole procurement platform for 250 international Air Liquide procurement executives. Through BravoSolution’s full-circle approach to supply management, Air Liquide will gain increased visibility into critical spend categories, consistent supplier performance monitoring and improved contract compliance.

"Procurement’s performance dictates the success of the Air Liquide Group,” said Serain Vincent, Director of Purchasing and the Effectiveness of the Air Liquide Group. “Our work with BravoSolution has brought our buyers together and has aligned our practices – even though they are separated by thousands of miles.”

After a six-month pilot with the Air Liquide teams in Asia and the United States, Air Liquide will deploy BravoSolution’s supply management suite across its entire procurement function by the close of the second quarter in 2012.

"The scope of this partnership was extremely ambitious,” stated Bruno Pillon, General Director of BravoSolution France. “With a complete deployment and speedy implementation by the end of Q2, Air Liquide will gain 360° visibility into its supply base.”

About Air Liquide

Air Liquide is the world leader in gases for industry, health and the environment, and is present in 80 countries with 43,600 employees. Oxygen, nitrogen, hydrogen and rare gases have been at the core of Air Liquide’s activities since its creation in 1902. Using these molecules, Air Liquide continuously reinvents its business, anticipating the needs of current and future markets. The Group innovates to enable progress, to achieve dynamic growth and a consistent performance.

Innovative technologies that curb polluting emissions, lower industry’s energy use, recover and reuse natural resources or develop the energies of tomorrow, such as hydrogen, biofuels or photovoltaic energy… Oxygen for hospitals, homecare, fighting nosocomial infections… Air Liquide combines many products and technologies to develop valuable applications and services not only for its customers but also for society.

A partner for the long term, Air Liquide relies on employee commitment, customer trust and shareholder support to pursue its vision of sustainable, competitive growth. The diversity of Air Liquide’s teams, businesses, markets and geographic presence provides a solid and sustainable base for its development and strengthens its ability to push back its own limits, conquer new territories and build its future.

Air Liquide explores the best that air can offer to preserve life, staying true to its sustainable development approach. In 2010, the Group’s revenues amounted to €13.5 billion, of which almost 80% were generated outside France. Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.

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 myriad industries, geographies and business models.

As of today, over 40,000 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.