How to Transform Your Procurement Process with Natural Language Generation

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“Alexa… find information about Conversational Platforms in Procurement…” Business technologies using Natural Language Generation (like Alexa and Siri) are transforming the way business professionals and consumers interact with technology. Voice-enabled platforms are still in their infancy, but the technology continues to rapidly advance to include more complex interactions. It will only be a matter of […]

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Blockchain Technology Promises Better Trust and Transparency to Procurement

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Blockchain is a revolutionary technology that represents tremendous value for procurement. But what is it and how does it apply to the world of procurement? First, let’s start with a definition. According to Don & Alex Tascott, authors of Blockchain Revolution: “Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to […]

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How Optimizing Transportation Routes Leads to the Perfect Level of Efficiency

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When you’re building a complex, multi-stage transportation route, you have dozens of factors to consider. How quickly do you need goods moved? Is the financial bottom line more important than speed? Will each provider have the capacity to move your full shipment? At what point do you trade simplicity for cost? A single transportation lane […]

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Procurement benchmarks: the value of benchmarks for teams

Why was JAGGAER Named a Leader in Procure-to-Pay Solutions in Gartner’s 2018 Magic Quadrant?

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JAGGAER has been named a Leader in Gartner’s 2018 Procure-to-Pay (P2P) Magic Quadrant for many reasons, including Completeness of Vision and Ability to Execute. The report evaluated JAGGAER’s P2P portfolio. According to Gartner, “P2P suites deliver four primary capabilities.” These capabilities are: E-purchasing functionality, access to catalog content, E-invoicing, and accounts payable invoice automation.   […]

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6 STRATEGIES EVERY BUYER SHOULD UTILIZE DURING PURCHASING NEGOTIATIONS

6 Strategies Every Buyer Should Use in Purchasing Negotiations

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How do you, as a buyer, negotiate to get the best prices on goods and services?  There are plenty of sources that list negotiation tactics for sales, but very few tell you how to use them to your own advantage. In that spirit, we offer six strategies you can use to come out on top […]

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Automated Inventory Management Holds the Key to Better Research

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Perspectives and lessons learned from global life science leaders using eProcurement to stay ahead of the research curve. As a researcher, your main objective is to make impactful scientific discoveries that can improve the quality of peoples’ lives. After all, this is why many go into the sciences in the first place—to change the world. […]

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Digital Procurement Report: Zooming in on Data

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After looking at some of the general takeaways from our online survey “Digital Procurement: Just Hype Or The New Standard?” regarding the current level of digitalization and the priorities for investments, we now want to dig into one of the key value propositions of Digital Procurement: integration. Data is more important than ever As we mentioned […]

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Deloitte CPO Survey 2018: A Need for Strategic Leadership

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It’s that time of year again…the Deloitte CPO Survey 2018 is here! For the past seven years, the survey has been a valuable benchmark for trends, developments, issues, and challenges in procurement as seen by procurement leaders around the world. This year, over 500 procurement leaders from 39 countries participated in the survey, providing key […]

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Procurement Through the Ages

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March is National Procurement Month: a fine time to review procurement’s history and evolution. In the ancient world, supplies, materials, and workers were routinely recorded. One of the earliest known examples of this date back to the construction of the The Great Pyramid of Giza (2325 BCE). Using papyrus scrolls, scribes tracked orders through fulfillment, […]

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Transportation Procurement

Getting a Grip on Transportation Procurement

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Few spend categories combine the broad impact and complexities of transportation. How can shippers optimize their carrier relationships, keeping quality high, risk low, and costs in line? In the transportation context, spend optimization tools accomplish this delicate balancing act by comparing proposals from multiple carriers and logistics providers. Following business rules, they identify the best […]

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