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So far BravoSolution has created 281 blog entries.

May 2016

Technology: Health Means Wealth in Procurement

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According to the Merriam-Webster Online Dictionary, health food is defined as food promoted as highly conducive to health or a food that is believed to be good to your health.  Technology, according to Merriam-Webster, is the practical application of knowledge especially in a particular area and a manner of accomplishing a task using technical processes, […]

Is Your Procurement Team Fit, Valued and Leading?

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Or are you underachieving?  Is your team perhaps not quite up to the leader status with average or laggard performance?  While it may not be something you want to readily admit, the quicker you acknowledge lack of performance, the sooner you can start preparing for a better future and start contributing real value.

Transformation

Does the word […]

Just-in-Time Supply Can Be a Buyer’s Nightmare

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According to Automotive Logistics, Fiat Chrysler Automobiles (FCA) cancelled production shifts last week at two different sites because of a parts shortage.  A facility in Toledo, Ohio manufacturing the Jeep Cherokee ran only partial shifts early in the week, no production on Wednesday and Thursday and restarted production mid-day on Friday.  Another facility in Detroit […]

ISM 2016: Education, Networking and Fun

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ISM 2016, the Institute for Supply Management annual conference, was held in Indianapolis, IN May 15-18 at the Indianapolis Convention Center and JW Marriott.  The event drew about 2,500 individuals across a multitude of industries.  The conference featured sessions centered on the learning tracks including:

Do:  Success stories of industry leaders and essentials of effective practitioners.

Don’t:  […]

Bridging the Health and Wellness Gap with Collaborative Sourcing

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Wal-Mart Stores and U.S. drug distributor McKesson have expanded their joint alliance to procure generic medicines so they can lower costs. According to George Riedl, senior  VP and President  of the health and wellness division of Wal-Mart in the U.S., “The joint alliance enables both companies to work together, combine their size and scale and […]

Technology 4.O: Are You a Laggard?

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Are you ready?  Have you fastened your seatbelt?  Get ready, the next wave of technology is here.  While it may look like it is just beginning, it is already well under way.  Yes, you read that right, it is already underway and you are a laggard.  Laggard?  Yes, a laggard.  Here is what you need […]

FM Global Resilience Index

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The FM Global Resilience Index is a data-driven tool and repository that ranks the resilience of 130 countries and territories to supply chain disruption.  According to FM Global, the index “is designed to help executives evaluate and manage unknown risk potentially inherent in the countries they rely upon. Nine key drivers of supply chain risk […]

Sourcing Policy: Sustainable Sugar

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The Hershey Company has done it again.  It has expanded their Learn to Grow sustainable farming program to the sugar industry with its partnership with the Sugar Industry Research and Development Institute.  The initial program started working with the cocoa industry and has proven successful.   Hershey recognizes it isn’t just about sourcing sugar, it is […]

The CFO and Supply Chains

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I recently read the Forbes article, How to Make Your Supply Chain More Resilient, with some superb advice.  I took it one step further by bringing some of the thoughts on the CFO and supply chain to this article.  Together the CFO and the supply chain work tirelessly to make sure the business meets revenue, […]

Rainy Days and Mondays…..

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Don’t always get us down. Rainy days and Mondays are the beginning of brain power time. Rainy days bring about a quiet tired feeling. When you capitalize on it, you find the brain is ripe with ideas to bring forward into your work. Mondays are the same way – think about all that you need […]