Defining the ‘Why’ of Category Management

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“Strategy without tactics is the slowest route to victory. Tactics without strategy is noise before defeat.” – Sun Tzu, The Art of War  When procurement thinks about why they might implement a category management process, the reasons that come to mind are likely to involve more effective management of spend or having increased time to invest in strategic supplier relationships. While these are […]

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Augmented Procurement is Making the Future Our New Reality

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Technology has been augmenting everyday life for quite some time now, but procurement has historically been slower in adopting the technological leaps seen outside of the industry. Now this idea of augmented procurement – and eventually autonomous procurement – has surfaced, and many are asking when the change will happen, and more importantly what it means for them.  To answer that […]

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Dynamic Purchasing System for Public Procurement

Dynamic Purchasing Systems: An Answer to Public Procurement Burdens?

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Every year, more than 250,000 public authorities in the European Union spend around 14% of GDP (around €2 trillion per year) on the purchase of services, works and supplies. Their peers in the United States are also responsible for about $2 trillion in spend. Could the money be better spent? Absolutely. How? Now that’s a [...]

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Molly Fletcher speaking at JAGGAER's Global Procurement Forum, REV 2019, on negotiation

The Heart of Negotiation: A Conversation with Molly Fletcher

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Procurement experts know that making deals is a key part of the job. From agreeing on bulk pricing with a supplier to working out budget numbers with internal stakeholders, procurement teams are locked in a constant give and take. But negotiation doesn’t have to be a battle and learning the steps to success is simpler […]

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European supply chains

How Europe is Coping with Supply Chain Disruption

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Adapting to the present and future challenges of COVID-19 Can the complex global supply network survive the COVID-19 pandemic? And, assuming it can, how will it adapt to the new realities? Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. Just-in-time […]

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Augmented analytics

What Does Augmented Analytics Mean for Procurement?

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It’s OK, we understand. Here we are throwing another buzzword at you. But bear with us because it is not really the words that matter, but the thinking and the technology behind the words. And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A […]

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Strategic supplier management

What Makes a Supplier “Strategic”? Not Spend Volume.

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The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk. Leverage your supplier management for maximum benefit […]

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Annual supplier meeting

Forgotten About This in Your Annual Supplier Meetings?

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With 2020 well and truly begun, the timely question of whether you’ve had you had your annual supplier meetings yet, or not, springs to mind. If you haven’t, do your suppliers know what you expect from them? And if your answer is ,”Definitely! All done. We’ve updated prices so everything is now sorted”, ask yourself […]

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TJ Nguyen, of Coca-Cola Buyers' Sales and Services, speaks about change management in procurement

Technology is Not a Panacea: Change Management with TJ Nguyen

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At REV2019, JAGGAER sat down with some of our speakers for a podcast series on the biggest questions facing the procurement industry today. Among them was TJ Nguyen, Senior Director of the Procurement Center of Excellence at Coca-Cola Bottlers’ Sales and Services Company, or CCBSS. CCBSS is the consortium buying arm of all the bottler-owners […]

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Cost reduction, via indirect procurement, for manufacturing

An Indirect Path to Manufacturing Savings and Cost Reduction?

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Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a streamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your company and organization can drive significant savings in your supply chain. However, by focusing only on your largest spend categories, you may be overlooking easy […]

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