What's next for procuremnet?

What’s Next for Digital Procurement?

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Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges. We dealt with one of them in […]

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ai solutions for procurement

What Should You Look for in AI Solutions for Procurement?

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A Gartner report published in September 2018, entitled “The Impact of Artificial Intelligence on Procurement Software Applications” set out the reasons why many procurement leaders are hesitant about investing in artificial intelligence (AI) solutions. The headline reason can be summarized in one word: hype. Based on the Gartner research and our own extensive survey findings, […]

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data integration in procurement

Zooming in on Data Integration in Procurement

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Procurement is central to the profitability of organizations in all industry sectors. Given the value that procurement delivers, you would think that the function is ripe for digital transformation. But the reality is rather different. Why is this? Our 2019 Digital Procurement Survey, Digital Transformation in Procurement: How Close Are We? provides some answers. We […]

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Spotlight on Supplier Management and Sourcing in Fashion

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

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More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of […]

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digital procurement

Digitalization in Procurement: Your Questions Answered

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Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies. Our engaged audience left us with more questions than we could get to in our allotted time, […]

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digital transformation in procurement

How Close Are We to Digital Transformation in Procurement?

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Key Findings from the JAGGAER 2019 Digital Procurement Survey Despite all the talk of digital transformation in procurement, the JAGGAER 2019 Digital Procurement Report reveals little change since 2017. The report identifies the lack of budget and requisite IT skills, and lack of progress with data integration as well as lack of digital knowledge among […]

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How to Use Big Data Analytics to Drive Business Value in Procurement Forward

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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 […]

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category management

Deploy a Strategic Category Management Solution to Maximize ROI

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Defining Category Management Category management has a decades-long history that has lead us to our modern understanding of procurement categories. Created in the 1980s, category management was originally the process of grouping products into categories based on how consumers used them. Originally created by marketing teams, category management helped retailers increase sales by minimizing unproductive […]

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managing outsourcing risk

Managing Outsourcing Risk: A New Framework for Banking and Beyond

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In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. Outsourcing makes it possible to take advantage of economies of scale and is a form of easy access to new technologies and to tools and services not available in […]

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integrated s2p solution

How Businesses Benefit from an Integrated S2P Software Solution

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Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. A typical S2P solution can effectively manage purchasing activities that range from spend analysis, e-auctions, purchase requisitions, sourcing events, invoice and payment processing and vendor relations. A well implemented S2P solution can [...]

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