JAGGAER’s Source-to-Pay Solutions Power One Third of the World’s Largest Manufacturers
- Press Release
RESEARCH TRIANGLE PARK, N.C., NOVEMBER 15 2018: – JAGGAER, the world’s largest independent spend management company, announces that 33% of the top 50 global manufacturers, by revenue, utilize JAGGAER’s spend management solutions for their purchasing and procurement needs. These manufacturers include automotive, electronics, engineering, food, pharmaceutical and technology. JAGGAER’s complete solutions suite includes sourcing, spend analytics, eProcurement, contract lifecycle management, project management, quality management, supply chain management, inventory control and supplier management, built around one of the world’s largest supplier networks.
JAGGAER customers represent four of the top ten global manufacturers, including two of the top five, and one third of the top 25, a total of over 450 companies.
The global manufacturing output was $35 trillion at the end of 2017, with metals, food & beverages, chemicals & pharmaceuticals, automotive, and electrical & electronic equipment cited as top performers, according to the Manufacturing Industry Output Tracker Report published by Interact Analytics. JAGGAER has customers representing the top five, ten and 50 companies globally in these industries. Manufacturing is one of JAGGAER’s most active customer bases.
“JAGGAER’s success in manufacturing comes from our deep knowledge of the space, and our ability to offer the industry’s only reliable direct materials spend management solution, in use by many of the world’s largest manufacturers. We will continue to bring advanced technologies, like artificial intelligence, machine learning and robotic process automation, into our solutions suite, to provide our customers with the most advanced tools, designed specifically for their vertical challenges,” says Robert Bonavito, CEO, JAGGAER.
About JAGGAER: Global source to pay spend management solutions
JAGGAER is the world’s largest independent spend management company, with 2,000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations.