CHICAGO--()--Outsourcing non-business critical services and manufacturing appears to make bottom-line sense for most organizations. However, few companies make truly informed decisions when faced with a ‘make or buy’ dilemma.
“Too often, companies make decisions based on what they think is good for business – without any data to back it up. However, Arkema is leading its industry once again by creating a system to make smarter outsourcing choices”
Arkema, a global chemical producer, is bucking the trend by launching a new program to analyze its outsourcing strategy, reduce costs and reinvest the savings. BravoSolution, the spend analysis company, was chosen to lead the initiative for each of Arkema’s 15 sites in France.
“We are creating a roadmap so every team understands how to best allocate our resources in-house and with our subcontractors,” said Christian Brault of Arkema. “By tapping BravoSolution for spend and data analysis, each site in France will have all the information needed to quickly decide what makes most sense – make or buy.”
BravoSolution will evaluate each outsourcing decision based on how strategic it is to Arkema’s core business and the impact on cost, quality and performance. Along with deploying BravoSolution’s spend analysis tool, each Arkema facility will receive on-site consulting and tailored training based on their unique challenges.
“Too often, companies make decisions based on what they think is good for business – without any data to back it up. However, Arkema is leading its industry once again by creating a system to make smarter outsourcing choices,” said Nacer Madi of BravoSolution France.
BravoSolution, the spend analysis and high definition sourcing company, provides the tools and expertise procurement executives need to save money and improve profitability. BravoSolution offers innovative solutions and strategies for every aspect of the global supply chain, including eSourcing, contract management, and supplier performance management. For more information, visit BravoSolution.com.
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.