category management

Deploy a Strategic Category Management Solution to Maximize ROI

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Defining Category Management Category management has a decades-long history that has lead us to our modern understanding of procurement categories. Created in the 1980s, category management was originally the process of grouping products into categories based on how consumers used them. Originally created by marketing teams, category management helped retailers increase sales by minimizing unproductive […]

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managing outsourcing risk

Managing Outsourcing Risk: A New Framework for Banking and Beyond

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In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. Outsourcing makes it possible to take advantage of economies of scale and is a form of easy access to new technologies and to tools and services not available in […]

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integrated s2p solution

How Businesses Benefit from an Integrated S2P Software Solution

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Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. A typical S2P solution can effectively manage purchasing activities that range from spend analysis, e-auctions, purchase requisitions, sourcing events, invoice and payment processing and vendor relations. A well implemented S2P solution can [...]

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transparent procurement

How Banks Can Improve Transparency in Procurement for Better Compliance

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Banking is a unique industry in many respects. It’s one of the most profitable, but also one of the most competitive. Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. But there’s another aspect, often overlooked, that sets [...]

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sustainable procurement

Why The Time Is Now for Sustainable Procurement

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Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Over the past several years, f ew topics have been as critical for global corporations as sustainability – investors, consumers, executive teams […]

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Hackett CPO Agenda 2019: Procurement focus areas

Hackett CPO Agenda: What’s Top of Mind in Procurement?

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“Do more with less.” Words that send a shiver down many a manager’s spine. But with budgets growing more slowly (1.3%, versus 2.7% in 2018) and expectations of cost and efficiency savings growing faster than ever, that is the reality faced by procurement professionals. The Hackett Group’s CPO Agenda is always eagerly awaited, and this […]

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5 Tips To Maximize Your Conference Experience at ISM 2019

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We’re gearing up for the Institute for Supply Management’s (ISM) Annual Conference, ISM 2019, in Houston, Texas, at the George R. Brown Convention Center, one of the largest events in the procurement world with over 2,500 attendees. Whether or not your organization is attending ISM, it’s important to make the most out of any conference experience. […]

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eProcurement catalogue buys

They Bought WHAT? Fascinating Finds from Our eProcurement Catalog

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It’s National Procurement Month. That’s a real thing. It has a hashtag: #CelebrateProcurement. We celebrate procurement every day at JAGGAER, but we still felt like the month deserved a little fun recognition. So with that, we bring you  the oddest, most outlandish, strangest and weirdest-sounding items customers source through our eProcurement catalog. We didn’t make […]

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EU and British Procurement

The Procurement Economy in 2019: The UK and the European Union

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In our last blog post we examined the factors impacting the 2019 economic climate in the United States. However, any global organisation will tell you that their concerns reach past North America. So what does the economic forecast look like in Europe? In this series, JAGGAER dives into the 2019 economic outlook both in the […]

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Procurement in the United States in 2019

The Procurement Economy in 2019: The United States

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As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. In this blog series, JAGGAER will dive into the 2019 economic outlook both in the U.S. and the European Union, and examine how procurement organizations can […]

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