Top Purchasing Software
Key offerings: Spend Analysis, Strategic Sourcing, Supplier Analysis, Contract Management
Overview: Founded in 2000 in Italy by a group of multinational investors with backgrounds in procurement, BravoSolution’s purchasing software offerings are tailored around making complex logistics decisions in a real world environment. The company’s useful technology is backed by a very high retention rate (over 95 percent) among its growing list of clients.
Commentary: “If you look at BravoSolution, we’re the only one on this list that is practitioner and procurement-based. We bring a lot of domain expertise to our technology and innovative techniques that are always from that practitioners’ lens. We believe you can’t just turn technology on to deliver savings. That equation of identifying and delivering that is best illustrated with the right combination of people, processes and technologies and we bring all of those to bear on a particular problem.” ~ Paul Martyn, BravoSolution Vice President of Marketing
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Key Offerings: Spend Visibility, Procure-to-pay, Supplier Management
Overview: With an eye toward integrating cloud-based solutions with purchasing practices, Ariba’s suite of procurement solutions has become a favorite in the supply chain industry. The company Ariba Exchange’s social platform is a cutting-edge environment where suppliers and buyers can connect.
Commentary: “If you looked at it by revenue, you would have to look at Ariba as being one of the top purchasing software companies. With their network and transactional efficiencies, it’s a very attractive software to work with. If you want to automate a very commodity-oriented approach, Ariba’s a good fit. They’re really taking a gamble on the idea of their network. They want to be the Facebook of Business-to-Business and help find buyers find suppliers, and they’re hoping that commerce network differentiates them from the rest.” ~ Paul Martyn, BravoSolution Vice President of Marketing
Key Offerings: Transportation Management, Warehouse Management, Supplier Performance
Overview: One of the largest technology companies in the world, IBM’s strengths lie in the company’s communications and web-based capabilities. The rich got richer in the supply chain industry, however, when it was announced late last year that IBM would acquire cloud-based strategic supply chain management provider Emptoris. It will be interesting to see just how much IBM directly benefits from the acquisition.
Commentary: “Where the Emptoris acquisition really fits is in the buy side of the equation. When I look at where IBM was prior to this announcement, the strength was in the execution of purchase orders and the inbound transportation and warehousing. Emptoris really brings such a strong set of solutions to the strategic side of supplier analysis and commodity analysis and the bidding process as a whole.” ~ Joel Reed, IBM Executive Director of Product Line Management
Key Offerings: JD Edwards EnterpriseOne Supply Management, Oracle E-Business Suite Advanced Procurement, Oracle Fusion Procurement
Overview: With software such as Advanced Procurement, Oracle’s line of purchasing software is geared toward helping companies find ways to save money within their supply chain. That’s important, because an increasingly competitive global market has put pressure on supply chain managers around the world to find ways to trim the fat.
Commentary: “Oracle’s strengths are a full-integration inside ERP, and they tend to be pretty easy discussions. It’s natural for companies to try out their ERP solutions to find out what they don’t know, and then look for more sophisticated offerings. Oracle and SAP are both quite popular with companies that are beginning their journey toward supply chain excellence.” ~ Paul Martyn, BravoSolution Vice President of Marketing
Key Offerings: Supplier Relationship Management, Enterprise Resource Planning, Inventory Optimization
Overview: Another huge technology company that’s successfully made the transition to aiding the global supply chain, SAP offers a laundry list full of enterprise software systems. A leader in the Enterprise Resource Planning space, the company also offers a competitive line of procurement and purchasing software.
Commentary: “Companies that are really keen and put a priority on production planning and sourcing decisions are going to be happy with what SAP offers, and that’s where we see SAP as being the strongest. The integration between their shop planning tools and their sourcing activities are closely aligned systematically, which helps streamline supply chain operations from a procurement perspective.” ~ Paul Martyn, BravoSolution Vice President of Marketing
EU and US agree end to Airbus-Boeing supply chain tariffs
The EU and US have agreed to resolve a 17-year dispute over aircraft subsidies, suspending tariffs on billions of dollars' worth of goods that have plagued procurement leaders on both sides of the Atlantic.
Under an agreement reached by European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai on Tuesday, the tariffs will be halted for a period of at least five years.
It will bring an end to punitive and disruptive levies on supply chains that have little to do with the argument, which became embroiled in the trade battle. Businesses on both sides of the dispute have been hit with more than $3.3bn in duties since they were first imposed by the US in October 2019, according the EC.
The US imposed charges on goods upto $7.5bn in response to a World Trade Organisation ruling that judged the EU’s support of Airbus, its biggest aircraft manufacturer, unlawful. A year later in November 2020, the EU hit back. The WTO found the US had violated trade rules in its favourable treatment of Boeing, and was hit with EU duties worth $4bn.
In all the tariffs affected $11.5bn worth of goods, including French cheese, Scotch whisky, aircraft and machinery in Europe, and sugarcane products, handbags and tobacco in America. Procurement leaders on both sides of the fence were forced to wrestle with tariffs of 15% on aircraft and components, and 25% on non-aircraft related products.
Boeing-Airbus dispute by the numbers
- The dispute began in 2004
- Tariffs suspended for 5 years
- $11.5bn worth of goods affected by tariffs
- $3.3bn in duties paid by businesses to date
- 15% levy on aircraft and 25% on non-aircraft goods suspended
Both sides welcome end to tariffs
European Commission President Ursula von der Leyen branded the truce a “major step” in ending what is the longest running dispute in WTO history. It began in 2004.
“I am happy to see that after intensive work between the European Commission and the US administration, our transatlantic partnership is on its way to reaching cruising speed. This shows the new spirit of cooperation between the EU and the US and that we can solve the other issues to our mutual benefit,” she added.
Both aircraft manufacturers have welcomed the news. Airbus said in a statement that it will hopefully bring to an end the “lose-lose tariffs” that are affecting industries already facing “many challenges”. Boeing added that it will “fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected”.
The US aerospace firm added: "The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action."
This week’s decision expands upon a short-term tariff truce announced in March this year. The EC says it will work closely with the US to try and further resolve the dispute, establishing a Working Group on Large Civil Aircraft led by each side’s trade minister.
Airbus last month signalled to suppliers that post-pandemic recovery was on the horizon, telling them to scale up to meet a return to pre-COVID manufacturing levels. “The aviation sector is beginning to recover from the COVID-19 crisis,” said Airbus chief executive Guillaume Faury, adding that suppliers should prepare for a period of intensive production “when market conditions call for it.”