Press Release

    Procurement Leaders Convene in Sydney to Explore Digital Strategies for Navigating Inflation and Driving Cost Efficiency

    Procurement Leaders Convene in Sydney to Explore Digital Strategies for Navigating Inflation and Driving Cost Efficiency

    Sydney, Australia, 24 March 2026 — JAGGAER, a global leader in enterprise procurement and supplier collaboration, recently hosted an Executive Roundtable in Sydney titled “Navigating Inflationary Pressures: How Smarter Procurement Drives Cost Efficiency and Transparency Through Innovative Technology.”

    The event brought together procurement leaders in Australia to discuss practical strategies for addressing inflation, price volatility and supply-chain disruption through digital procurement transformation and advanced technology.

    A key highlight of the session was a presentation by Matt Setton, Head of Procurement at the Royal Automobile Club of Victoria (RACV), who shared insights from RACV’s procurement transformation journey and emphasised the importance of prioritising data quality, implementing change in phases, and aligning internal processes with the enabling technology.

    The closed-door session enabled procurement practitioners and industry experts to exchange insights on advanced sourcing strategies, data-driven category intelligence, and the role of AI and automation in accelerating decision-making and reducing manual processes. Discussions also highlighted how greater visibility across the supplier lifecycle can strengthen compliance, improve ESG performance, and enhance organisational resilience.

    “Technology is transforming the role of procurement from a transactional function into a strategic driver of business value,” said Francesco Colavita, Global Vice President, Presales Consulting at JAGGAER. “With the right tools, data and innovative technology in place, procurement teams can reduce maverick spend, unlock savings and act as a value multiplier, while gaining greater supply chain visibility and strengthening governance and transparency across the organisation. This enables procurement to identify savings opportunities faster, manage supplier risk more effectively, and ultimately deliver an effective procurement digital transformation.”

    JAGGAER thanks all participants, speakers and customers for contributing to a dynamic and insightful discussion. The company looks forward to continuing the conversation with procurement leaders across the region and supporting organisations in navigating economic uncertainty through smarter procurement strategies and innovative technology.

    About JAGGAER
    JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce.

     

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