Procurement experts know that making deals is a key part of the job. From agreeing on bulk pricing with a supplier to working out budget numbers with internal stakeholders, procurement teams are locked in a constant give and take. But negotiation doesn’t have to be a battle and learning the steps to success is simpler […]
On Thursday, JAGGAER’s SVP of Strategic Operations Kristian O’Meara sat down with our COO/CFO Vic Chynoweth and Discover Global Network’s Head of Finance Bill Franklin to discuss how CFOs can be most effective in responding to the global COVID-19 crisis. The conversation ranged from communicating priorities to maintaining cash and collaborating with the procurement function […]
Approaching a large IT implementation project can be a daunting prospect. In addition to managing the expenses, timelines, logistics and vendors, you have to consider change management and user expectations. The numbers don’t help maintain a sense of optimism, either. According to The Standish Group’s 2018 CHAOS Report, only 26% of waterfall projects are implemented successfully on […]
What is SaaS? When you decide to deploy a SaaS solution for procurement, you are choosing the provider of a service. You don’t choose any of the server, storage, or networking specifics, and you don’t choose an operating system, or even a language to develop new tools in. Rather, you get an application, such as eProcurement or Supply Chain Management. However, you can choose the specific settings in the application, the […]
When it comes to delivering successful digital transformation, procurement needs to change its mindset. Apologies if that sounds a little provocative, but it is an opinion based on 20 years of experience that straddles both the procurement function and software implementation projects. A lot has changed in those two decades, on both sides. In the […]
Deloitte’s 2019 Global CPO Survey identifies the key challenges that procurement professionals are struggling to tackle. The biggest risk factors, according to the survey, are the economic downturn and deflation (cited by 42% of respondents), internal complexity due to M&A activity, organizational silos, non-standard processes (39%), managing complexity within mega-suppliers (37%), trade war (33%), managing […]
There are many approaches to delivering a software solution but there are two main categories: waterfall, or traditional methodology, and the more recent agile delivery model. Learn the differences, and how to speed up the success of your procurement processes through agile implementation in our Get Smart webinar. Waterfall is so-called because it is a [...]
JAGGAER InsideSpend Thought Leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer As we gear up for REV2019, we’re revisiting this interview with Walter Charles, CPO of Allergan, who […]
As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union, bringing an increased risk to supply chains and procurement organizations. This increased risk requires organizations to be proactive and innovative if they […]
In our last blog post we examined the factors impacting the 2019 economic climate in the United States. However, any global organisation will tell you that their concerns reach past North America. So what does the economic forecast look like in Europe? In this series, JAGGAER dives into the 2019 economic outlook both in the […]
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