Key Findings from Our Digital Procurement Report

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Digital Procurement is the buzzword on everyone’s lips these days. The widespread digitalization that has characterized industry 4.0 is considered to be the greatest revolution to impact procurement in decades. Expectations for new technologies and their application in procurement are high. Technology has already fueled the transformation of many work areas and processes, and these […]

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How to Improve the Value of Procurement: Is Your ERP System Enough?

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As chief procurement officer (CPO), is one of your goals to be considered a more relevant, strategic area for the company? If the answer is “yes”, here are four ways to improve your value through eProcurement. No doubt, the number one challenge which manufacturing organizations face today is to reduce cost while increasing efficiencies. But, […]

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5 Procurement Questions for Santa

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After pulling a few strings, we managed to catch Santa on one of his few coffee breaks at this busy time of year to fire five burning questions at the reigning world champion in procurement. Christmas is a holiday worldwide, but the busiest time at work for you. When does your year start? Actually, we […]

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Multi-Stage Optimization: Your Supply Chain, Evolved

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Imagine this: You own a popular restaurant on the East Coast—let’s say it’s a Tex-Mex/Thai/New England seafood fusion restaurant—and business is going so well that you want to open a second location…in California. Now, in order for it to be as successful as the flagship location, the new restaurant will need to have the same […]

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Shifting Gears: The Move to Contract- and Project- Based Platforms

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In the past, companies operated on a traditional Purchase Order (PO)-focused procurement system. This is due primarily to the fact that ERP/financial systems and most eProcurement solutions were based on archaic paper-based processes (i.e. Blanket POs). When service providers created their solutions, they all opted to mimic these tedious paper-based processes instead of rethinking the […]

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Strategic Procurement is Dead

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An Obituary from the Future Yes, we had a good run with you, strategic procurement. Back then, at the turn of the millennium, you had just become important. Ignacio Lopez had brought category management to Germany and Gerd Kerkhoff had made you, strategic procurement, accessible to everyone with his book The Bermuda Triangle of Business: […]

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Chemical Management

How Procurement Enables Life-Saving Drug Research and Discovery

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Acquiring and managing chemicals and other materials for research is a highly regulated venture subject to a level of scrutiny seldom seen outside this industry. Many items required for research pose health, security and environmental risks. Ensuring OSHA, Department of Homeland Security, and DEA compliance for these items requires oversight of the purchasing process to […]

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“Currents of Collaboration” Flowing at #NACUBO2017

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JAGGAER representatives are currently in Minneapolis, MN for the National Association of College and University Business Officers (NACUBO) Annual Meeting, which concludes tomorrow. Built around the theme “Currents of Collaboration,” this year’s meeting places focus on the powerful effect of higher education communities working together toward a shared vision for the future. The NACUBO wisely […]

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Procurement Lessons from the Industrial Revolution

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The Industrial Revolution is seen as one of the most successful and pivotal points in American history.  Without it, most of the technologies we use today would not exist. Procurement was the key driver for success in the 18th and 19th centuries – it changed technology – and it continues to influence the world today. […]

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Boost Your Automated Spend Analysis Strategy with These 7 Quotes

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Whether it is conducting a simple spend analysis, developing savings strategies or building your sourcing roadmap, automated spend analysis will provide information crucial to the success of your business.  If you’re looking for inspiration to get your automated spend analysis started – or finished – you’ve come to the right place. 1. “The price of […]

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