Even today it is amazing how many companies are still using a very basic RFP platform, with very little scope for optimization, or even Excel, which has no scope for optimization or sourcing processes at all, to manage the sourcing of complex categories. These tools...
The Evolution of Procurement Ferris Bueller once said “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” He makes a good point, the world is constantly changing, on the move, industries jump from one big innovation to...
Limited capacity, shortage of supplies, lack of coordination, national security issues, and misinformation just some of the issues impacting the COVID-19 vaccine rollout according to JAGGAER Dubai, United Arab Emirates, February 14 2021: JAGGAER, the world’s largest...
IPG-JAGGAER survey identifies steady overall progress but also a “Covid-19” effect. Vienna, Austria, and Zürich, March 2, 2021 – Procurement remains heavily weighted towards operational as opposed to strategic functions, but the latest survey conducted by...
A study shows that the average Fortune 1000 company has an average of 40,000 active contracts on a given day. Think about that for a second. 40,000 times that a contract needs to be authored, reviewed, negotiated, approved, and that’s just the beginning. All contracts...
