AI for Better Supplier Collaboration: First, Get Your Data in Order

AI for Better Supplier Collaboration: First, Get Your Data in Order

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Most software vendors have taken an applications-driven approach to delivering solutions. They have identified the main challenges faced by procurement professionals and developed applications that address those specific challenges. This has brought benefits but not sustainable value, especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. The result has been isolated applications, […]

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CPOs are juggling procurement challenges

Why Procurement Simplified Is Much More than a Slogan

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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 […]

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Killing your compliance effort

The #1 Thing that Will Kill Your Procurement Compliance Effort

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You identified a compliance problem within your procurement process. You came up with a plan. You created PowerPoints and ROI spreadsheets worthy of an award. Your boss loved it. Now all you have to do is get everyone else on board. With a plan that makes such obvious sense, it should be a piece of […]

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What's next for procurement?

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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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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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 (Part 2)

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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 at Biogen   With REV 2019 approaching, we’re revisiting the interview with supply chain and procurement platform thought […]

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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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