PARIS--(BUSINESS WIRE)--Imerys, a world leader in industrial minerals with more than 240 offices in 47 countries across the globe, has selected BravoSolution, the spend analysis company, to manage risk across its 10,000-plus global supplier base.
BravoSolution has managed Imerys’ supplier base since 2008, helping the company reduce spend and minimise risks. More than 800 of Imerys’ separate product families are sourced through BravoSolution, which represents more than 50 percent of the company’s total spend.
Imerys selected BravoSolution for the company’s experience in providing comprehensive risk analysis across the entire supply chain. Through BravoSolution’s vendor performance management tool, Imerys receives increased visibility into:
- Suppliers at risk for bankruptcy and logistics disruptions
- Global economic risk, including currency fluctuations, commodity volatility and political instability
- Product and component shortages and price increases
The tool has already increased the procurement team’s productivity and has proved to be a critical part of the company’s sustainability management.
“We prioritise risk assessment and supplier visibility in our procurement practices. We would never engage a supplier without first analysing the risks and reliability of that potential partnership,” said Lionel Willaert, Purchasing Manager of Imerys. “Our work with BravoSolution has directly contributed to our success and significantly increased the efficiency of our purchasing team.”
"We’re happy to be at the heart of Imerys’ purchasing department, and look forward to continuing to help the team increase efficiency and monitor and evaluate their supplier risk,” said Bruno Pillon, General Manager of BravoSolution France.
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.
The world leader in adding value to minerals, Imerys is active in 47 countries through more than 240 industrial and commercial sites. The Group achieved €3.3 billion in sales in 2010. Imerys mines and processes minerals from reserves with rare qualities in order to develop solutions that improve its customers’ product performance and manufacturing efficiency. The Group’s products have many applications in everyday life, including construction, personal care, paper, paint, plastic, ceramics, telecommunications and beverage filtration.