Veolia Selects BravoSolution For Global Spend Analysis
Veolia Environment, the world leader in environmental services with $50 billion in sales and more than 2,000 sites in 74 countries, has selected BravoSolution’s spend analysis suite to gain to further visibility into its spend and better control external costs by consolidating purchases globally.
Through BravoSolution’s spend analysis tool, Veolia Environment can now cleanse, consolidate and classify all purchasing data extracted from its thousands of systems in across five continents. Additionally, BravoSolution powers Veolia Environment to:
Through BravoSolution’s spend analysis tool, Veolia Environment can now cleanse, consolidate and classify all purchasing data extracted from its thousands of systems in across five continents. Additionally, BravoSolution powers Veolia Environment to:
- Collect accurate, complete, and consistent purchasing data
- Centralize spend data across the entire organization
- Develop and implement a purchasing classification and supplier repository
Veolia’s Transportation division, whose success with spend analysis prompted other divisions to adapt a similar approach, first implemented the strategy two years ago and saw immediate results. Veolia’s executives used the spend reports – which were customized with specific purchasing data and categories – to foster better cooperation within the group, save money and improve supplier relationships.
“Thanks to our spend analysis approach, we can now access and share comprehensive and accurate repositories company-wide across our different divisions,” said Benoit Mainguy, Purchasing Strategy Director for Veolia Environment. “BravoSolution has enabled our procurement team to better control expenses, manage priorities and improve supplier relationships."
Jean-Luc Prache, Purchasing Manager of Veolia Transport said, "We were the precursors of the deployment of BravoSolution spend analysis, we believe that purchasing strategy is built upon relevant and reliable purchasing data especially when dealing with multiple suppliers, products and services. BravoSolution spend analysis has strengthened our credibility with our suppliers."
Bruno Pillon, General Manager of BravoSolution France said, "We have a long track record working with some of the world’s largest companies and helping purchasing practices and particularly proud of the joint approach we developed with the teams from Veolia.“
About BravoSolution
Your company spends money across multiple categories of items and in many different ways. As procurement professionals, you are accountable for delivering demonstrable improvements to your company's financial performance. To achieve your performance goals, your entire team - sourcing, vendor, contract, and production managers - needs to work together to determine the best way to manage every single category to maximize its contribution to your company’s bottom line.
Analysts have seen that the right blend of skills, process, and technology improves a company's financial performance by 30 cents on every dollar spent. In their search for a partner that can help them achieve this level of excellence, companies turn to BravoSolution.
“Thanks to our spend analysis approach, we can now access and share comprehensive and accurate repositories company-wide across our different divisions,” said Benoit Mainguy, Purchasing Strategy Director for Veolia Environment. “BravoSolution has enabled our procurement team to better control expenses, manage priorities and improve supplier relationships."
Jean-Luc Prache, Purchasing Manager of Veolia Transport said, "We were the precursors of the deployment of BravoSolution spend analysis, we believe that purchasing strategy is built upon relevant and reliable purchasing data especially when dealing with multiple suppliers, products and services. BravoSolution spend analysis has strengthened our credibility with our suppliers."
Bruno Pillon, General Manager of BravoSolution France said, "We have a long track record working with some of the world’s largest companies and helping purchasing practices and particularly proud of the joint approach we developed with the teams from Veolia.“
About BravoSolution
Your company spends money across multiple categories of items and in many different ways. As procurement professionals, you are accountable for delivering demonstrable improvements to your company's financial performance. To achieve your performance goals, your entire team - sourcing, vendor, contract, and production managers - needs to work together to determine the best way to manage every single category to maximize its contribution to your company’s bottom line.
Analysts have seen that the right blend of skills, process, and technology improves a company's financial performance by 30 cents on every dollar spent. In their search for a partner that can help them achieve this level of excellence, companies turn to BravoSolution.
Read more: http://www.bradenton.com/2011/05/16/3197873/veolia-selects-bravosolution-for.html#ixzz1Md2z7i5i
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