JAGGAER

AI: A Game-Changer in Procurement 🚀 In his latest article for New Electronics, Simon Thompson, VP Sales Northern Europe at JAGGAER, explores how AI—and especially Generative AI—is revolutionizing the procurement function. 📊 From better decision-making to streamlined collaboration and dynamic risk management, AI is driving procurement toward new levels of efficiency and agility. ✨ Key Applications of AI in Procurement: 1️⃣ AI-Enabled Supplier Sourcing 2️⃣ Intelligent Contract Management 3️⃣ Dynamic Risk Management 4️⃣ Meeting ESG Goals Simon emphasizes that while AI is a powerful tool, success lies in aligning AI implementation with core business objectives. A clear roadmap and strategic planning will differentiate leaders from those simply jumping on the AI bandwagon. 🧠 “AI tools offer immense potential, but organisations without a clear vision for implementation risk being left behind.” 🔗 Read the full article here: https://okt.to/4CHIQT #ProcurementInnovation #AI #GenerativeAI #RiskManagement #ESG #DigitalTransformation #JAGGAER

🌟 Streamline Your Procurement Process with Procure-to-Pay (P2P) 🌟 Are you looking to enhance procurement efficiency and strengthen supplier relationships? Our latest blog post dives deep into Procure-to-Pay (P2P) and why it's a crucial part of your procurement strategy. 🔍 What You’ll Learn: ▪️What P2P entails and how it unifies procurement and payment processes. ▪️A step-by-step breakdown of the P2P cycle, from requisitioning to payment. ▪️The advantages of implementing a modern P2P system ▪️Best practices for automating P2P to reduce errors and improve compliance. ▪️Why P2P Matters: An effective P2P process is more than operational 👉Ready to transform your procurement process? Check out the full blog and discover actionable tips for optimizing your P2P workflow: https://okt.to/NaEJ6l #ProcureToPay #P2P #Procurement #Finance #BusinessStrategy #SupplierManagement #CostControl #Automation #Efficiency #S2P #SpendManagement #Compliance

🌍 Maximizing Cost Savings Through Strategic Supplier Collaboration 🌍 In today’s complex business landscape, cost reduction is essential, but focusing solely on squeezing prices from suppliers can backfire. That’s why Chief Procurement Officers are now embracing strategic supplier collaboration to unlock sustainable cost savings while fostering strong partnerships. 💼 🔑 Here’s how collaborative procurement can lead to long-term value: 1️⃣ Bundling Spend: Combining orders across multiple centers leverages economies of scale, providing suppliers with predictable orders and driving cost reductions. 2️⃣ Supplier Consolidation: Streamlining the supplier base enhances purchasing power, though it requires balancing risks and diversity goals. 3️⃣ Process Optimization: Joint process improvements and lean techniques reduce waste, benefiting both suppliers and buyers. These approaches highlight a shift from traditional procurement tactics to collaborative strategies—prioritizing mutual efficiencies, shared visibility, and open communication. Advanced digital tools make this possible by enabling real-time data and performance analytics, guiding smarter decisions across the supply chain. 📈 In the end, it’s about creating win-win relationships where cost savings and high-quality outcomes go hand-in-hand. By embracing trust, transparency, and technology, procurement leaders can ensure sustainable, value-driven growth. Read our latest article here: https://okt.to/dl47EV #Procurement #SupplyChain #CostSavings #SupplierManagement #Collaboration #SpendManagement #SustainableBusiness #ValueCreation

⏳ The Holiday Supply Chain Crunch: Are Retailers Ready? In his recent article for Supply Chain World, Simon Thompson, Vice President of Sales Northern Europe at JAGGAER, explores the challenges and solutions for retailers navigating supply chain disruptions during the most critical time of year. 🌍📦 From the Houthi attacks in the Red Sea to rail strikes and natural disasters, global disruptions are no longer isolated incidents—they're ripple effects that can delay shipments, create stockouts, and impact customer trust during peak shopping seasons. ✨ Key Takeaways: 🔍 Resilience is Non-Negotiable – Retailers must leverage technology like AI-powered predictive analytics and automation to de-risk supply chains and pivot quickly when disruptions arise. 📊 AI for Action – From forecasting bottlenecks to selecting new suppliers, AI helps businesses streamline decisions, reduce risks, and ensure goods arrive on time. 🚀 Plan Earlier, Adapt Faster – Critical shopping days like Black Friday and Christmas demand earlier planning and robust contingency strategies to outpace disruptions. As Simon puts it, "AI’s role in supply chain management is poised for significant growth—companies that act now will be better equipped to handle future uncertainties." 🔗 Read the full article here: https://okt.to/z4ZcXL #SupplyChain #AI #ProcurementInnovation #ResilientSupplyChains #RetailLogistics

🚨 Is Your Supply Chain Ready for the Unexpected? 🚨 Supply chain resilience isn’t just a greater business goal; it’s a daily imperative. Our latest eBook, "Cornerstones of a Resilient Supply Chain," offers actionable strategies to help you stay ahead in an unpredictable world. 📚 What You’ll Learn: Leveraging technology and data for real-time decision-making Building strategic partnerships to strengthen your supply chain End-to-end planning for a truly resilient approach 🔗 Download your copy now and equip your organization with the tools it needs to turn potential crises into opportunities. https://okt.to/bfLDlM #SupplyChain #Resilience #SupplyChainManagement

🌍 The Voice of JAGGAER: Empowering Women in Leadership 🌍 Eva Skidmore, Chief Marketing Officer, North America 🌿 "I believe diversity not only enriches our lives and our work environment, but also enhances our ability to make a difference. Our impact and success improves as we create opportunity and space for the unique insights and talents of our customers, employees, partners, and stakeholders around the globe. “Women’s leadership and empowerment signal that we have an inclusive and diverse workplace, and I am grateful for the opportunity to contribute to the JAGGAER team. By creating opportunities for women and supporting equity initiatives, we can build stronger teams, foster creativity, and drive impactful change. Together, we can shape a more equitable future for everyone.” Together, we are shaping a more equitable future for everyone. 👉Learn more on our ESG commitments:https://okt.to/oz2vNx #VoiceOfJAGGAER #WomenInLeadership #DiversityAndInclusion #Equity #Empowerment #ESG #JAGGAER

🎓 Procurement Success at Virginia Commonwealth University! VCU faced the challenge of maintaining compliance across a dynamic workforce of 25,000 employees and cyclical hiring. With JAGGAER Adopt Premium, they created step-by-step guides to simplify onboarding and ensure compliance with university policies and state regulations. The results? Streamlined training, reduced errors, and a more self-sufficient user base—transforming procurement into a seamless, efficient process! 📖Read the full story here: https://okt.to/UtINHi #CustomerSuccess #Procurement #EdTech #Efficiency #JAGGAER

Fast Forward to REV2025 | June 23-25, 2025   As 2024 comes to a close, the JAGGAER team is eager to Fast Forward to REV2025, our annual marquee event where source-to-pay innovation meets inspiration and collaboration.   Secure early pricing now to join us at the stunning Turnberry Resort & Spa in Miami, FL for three unforgettable days of learning, networking, and fun. 🌴   What’s in store?   🌟 Inspiring Keynotes: Hear from industry leaders and trailblazers. 🎯 Action-Packed Sessions: Master the latest procurement and supply chain strategies. 🤝 Next-Level Networking: Connect with peers, partners, and experts. 🎉 Unmatched Experiences: Enjoy exclusive entertainment and activities. Don’t miss this chance to save on registration, elevate your knowledge, and expand your network. 🎫 Early Bird Rate Ends December 31! Register Now to save $600 on a full pass! 🔗 Register Now: https://okt.to/lhnsv9 Let’s lead the future of procurement—together! #REV2025 #JAGGAERevents #ProcurementInnovation #FutureOfProcurement

🌍 Missed the live session? Watch on-demand now! Beyond Compliance: How Procurement Can Drive ESG Leadership and Decarbonization In our first episode of the "Implementing ESG Strategies in Your Organization" series, we explored procurement’s critical role in addressing Scope 3 emissions—which account for over 80% of corporate CO₂ emissions. 🔑 What You’ll Learn: ✅ Align procurement with corporate ESG goals and navigate evolving regulations like CBAM. ✅ Position procurement as a proactive sustainability leader beyond compliance. ✅ Embed sustainability into decision-making and procurement processes. ✅ Leverage data and technology for better collaboration across buyers, suppliers, and sustainability teams. ✅ Build sustainable supplier relationships to meet ESG objectives and CBAM requirements. Procurement isn’t just about compliance—it’s about leading the charge toward decarbonization, value creation, and efficiency. 🌱 👉 Watch the recording here: https://okt.to/YNaRB2 #ESG #Sustainability #Procurement #Scope3 #CBAM #Decarbonization #OnDemandWebinar

🚀 JAGGAER One 24.3: Driving Procurement Innovation with AI and Hyper-Automation We’re proud to announce the latest evolution of JAGGAER One, designed to empower procurement, finance, and supply chain teams with advanced AI-driven features and hyper-automation capabilities. Our mission? To create a conversational, collaborative, and hyper-automated platform that transforms how organizations operate—delivering better decisions, faster processes, and real business impact. Here’s what’s new in 24.3: 💡 Chat with Your Contract: Use GenAI to simplify legal documents and reduce review times. ✅ Smart Approval Recommendations: Automate low-risk requisition and invoice approvals for faster workflows. 🔍 Vendor Fraud Prevention: Secure payments with bulk bank validations powered by AI. 📊 Supplier Intelligence Upgrades: From carbon footprint estimates to Supplier Development Plan wizards, we’re enhancing data-driven sustainability and efficiency. 🌍 Public Sector Compliance Tools: Meet post-Brexit mandates with updated scoring and reporting. 💬 “We’re embedding AI where it matters most—daily tasks—so procurement professionals can be more productive, collaborative, and impactful,” says Dawn Andre, JAGGAER’s Chief Product Officer. 🔗 Read the full article here from Business Wire: https://okt.to/Jt0fwD Together, let’s reimagine procurement with cutting-edge solutions. 🌟 #AI #ProcurementInnovation #Automation #SupplierCollaboration #DigitalTransformation #JAGGAEROne