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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

The following is a 31-minute video of a 2011 lecture I gave at eWorld. 2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

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Rittal, Electrical Enclosure Specialist, Confirms JAGGAER to Streamline Procurement, Increase Transparency, and Enhance Compliance

Jaggaer

From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in optimizing its procurement processes. The company, headquartered in Herborn, Hesse, initially selected JAGGAERs platform JAGGAER ONE in 2011.

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Transforming Discrete and Smart Manufacturing: Boost Efficiency & Innovation with Advanced Solutions

Jaggaer

Thus, in the current era, machines improve human efficiency by performing repetitive functions. A smart factory is characterized by adaptability, resource efficiency, optimized ergonomics and the integration of customers, suppliers and business partners in business and value processes.

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If AI replaces spreadsheets, what will eventually replace AI for procurement?

Procurement Insights

In other words, your organization gains control of its spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. This is the cornerstone of agent-based modeling.

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Embracing the Future: How Manufacturing 4.0 is Transforming Industry

Jaggaer

integrates data with smart technology and automation to optimize production, supply chains, and create agility. The term was coined by three German physicians and business leaders and first presented to the public at the Hannover Messe, the worlds largest trade fair for industrial development, in 2011.

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Coupa and Cirtuo Revenue Growth, Profitability, and Implementation Success 2000 to 2025 (And Beyond)

Procurement Insights

Thoma Bravos investment played a pivotal role in this shift, as the private equity firms focus on cost efficiencies and operational improvements helped Coupa transition from consistent losses to profitability. This is consistent with Cirtuos efficient, SaaS-focused business model and increasing market adoption.