Tuesday, 9 July 2013
Gartner Names BravoSolution as Most Visionary Strategic Sourcing Vendor in Leaders Quadrant
Last week, Gartner, Inc. released the latest Magic Quadrant for strategic sourcing technologies,* and BravoSolution (which operates as Tejari in the MENA region) 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.
“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.”
"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.