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Amenallah Reghimi

Vice President Of Product Management at JAGGAER

Miami Beach, United States

Amen has developed an extensive market knowledge and an in-depth understanding of customer needs, having implemented and executed 60+ international projects in 4 continents.
His innovative approach allows him to anticipate customer’s requirements, exceed their expectations and deliver instant gratification.
He takes abstract ideas and turns them into realities that result in both user satisfaction and metrics growths. Using this process, satisfied customers become happy users and a precious audience with a proactive feedback. This link allows to convert small ideas, to big ideas leading to exponential business profitability.
Amen is known for building bridges between Technology and Business all over the world in 4 languages empowering the company profitability and increasing the margin. Leading, mentoring and coaching teams to go beyond their current capacity and deliver earlier than expected which makes the product more innovative, is something he truly enjoys doing.

Available For: Advising, Authoring, Consulting, Influencing, Speaking
Travels From: Miami Beach
Speaking Topics: Innovation - Intelligent Solutions - Augmented Analytics - Procurement - Future of work

Amenallah ReghimiPoints
Academic130
Author104
Influencer82
Speaker125
Entrepreneur0
Total441

Points based upon Thinkers360 patent-pending algorithm.

Thought Leader Profile

Portfolio Mix

Company Information

Company Type: Company
Business Unit: Product Management

Areas of Expertise

AI 52.83
Analytics
Big Data
Blockchain
Business Strategy
Customer Experience
Design Thinking
Digital Transformation
Emerging Technology 30.08
Future of Work 50.51
Innovation 30.62
Leadership 34.01
Marketing
Mobility 41.29
Predictive Analytics 45.70
Procurement 66.59
Risk Management
Startups
Supply Chain
IoT
Open Innovation 75.41
COVID19 62.77
RPA 38.10
Management 30.12

Industry Experience

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Publications

13 Academic Certifications
Pricing Strategy Explained
LinkedIn
June 27, 2020
Pricing can determine whether your business succeeds or fails. This course reveals a proven methodology for developing a pricing strategy and increasing customer perceptions of value so you can justify higher prices and boost margins. Learn how investors evaluate pricing strategies, the advantages and drawbacks of different pricing models, how to calculate margins, how to gauge price sensitivity, and how to build a pricing profile specific to your offering based on eight key variables. Tips and examples are included for both product- and service-based businesses, as well as businesses that contend with seasonal pricing variations. The session offers guidance on bundling, discounting, and other pricing techniques, which you can apply in the workshop session.

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Tags: Open Innovation, Leadership, Future of Work

Pragmatic Management Certified - (PMC-II)
Pragmatic Institute
June 25, 2020
Pragmatic Institute is the world’s leading authority on product management, product marketing and data science. Founded in 1993, the company’s courses—taught by leading professionals real-world experience—are based on a proven framework for creating market- and data-driven products people want to buy. With more than 150,000 alumni around the world, Pragmatic Institute has created one of the largest and most prestigious product and data communities in the world.

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Tags: Open Innovation, Leadership, Future of Work

Diversity, Inclusion, and Belonging for All
LinkedIn
June 19, 2020
Diversity, Inclusion, and Belonging for All

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Tags: Open Innovation, Leadership, Future of Work

Pragmatic Management Certified - (PMC-I)
Pragmatic Institute
June 18, 2020
Pragmatic Institute is the world’s leading authority on product management, product marketing and data science. Founded in 1993, the company’s courses—taught by leading professionals real-world experience—are based on a proven framework for creating market- and data-driven products people want to buy. With more than 150,000 alumni around the world, Pragmatic Institute has created one of the largest and most prestigious product and data communities in the world.

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Tags: AI, Open Innovation, Leadership

Cert Prep: Scrum Master
LinkedIn
September 01, 2019
Become certified as a scrum master and become more marketable in your field. Scrum certification demonstrates your knowledge and abilities to employers and clients, and proves you can be trusted to accomplish important business objectives. This course helps candidates master the foundational knowledge they need to study in order to pass exams such as Certified ScrumMaster (CSM), Professional Scrum Master (PSM), and more. Join Kelley O'Connell, agile coach, as she reviews the roles and responsibilities of the scrum team, the different types of scrum events, and the artifacts produced during the scrum lifecycle. Plus, learn how scrum masters track the progress on their projects using burn-down charts and other reports. By the end of the course, you'll understand the foundations of scrum and be ready to take the exam and enjoy the benefits and expanded career opportunities opened by certification.

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Tags: AI, Leadership, Open Innovation

Internet of Things: Roadmap to a Connected World
MIT Professional Education
June 30, 2018
A robust understanding of the key technological components underpinning IoT, and how IoT can serve your business strategy.
Insight into the synergy between IoT and people — in terms of leadership, skills, and training — to achieve digital mastery in an organization.
A clear view of how IoT can result in increased organizational efficiencies, productivity, and coordination in business, and a strategic road map for IoT success.

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Tags: AI, Open Innovation, Leadership

The Data Scientist’s Toolbox
Johns Hopkins University Advanced Academic Programs
June 29, 2017
In this course you will get an introduction to the main tools and ideas in the data scientist's toolbox. The course gives an overview of the data, questions, and tools that data analysts and data scientists work with. There are two components to this course. The first is a conceptual introduction to the ideas behind turning data into actionable knowledge. The second is a practical introduction to the tools that will be used in the program like version control, markdown, git, GitHub, R, and RStudio.

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Tags: AI, Open Innovation, Future of Work

Cryptography
Stanford University
February 22, 2017
Cryptography is an indispensable tool for protecting information in computer systems. In this course you will learn the inner workings of cryptographic systems and how to correctly use them in real-world applications. The course begins with a detailed discussion of how two parties who have a shared secret key can communicate securely when a powerful adversary eavesdrops and tampers with traffic. We will examine many deployed protocols and analyze mistakes in existing systems. The second half of the course discusses public-key techniques that let two parties generate a shared secret key. Throughout the course participants will be exposed to many exciting open problems in the field and work on fun (optional) programming projects. In a second course (Crypto II) we will cover more advanced cryptographic tasks such as zero-knowledge, privacy mechanisms, and other forms of encryption.

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Tags: AI, Open Innovation, Leadership

Machine Learning
Stanford University
January 26, 2017
Machine learning is the science of getting computers to act without being explicitly programmed. In the past decade, machine learning has given us self-driving cars, practical speech recognition, effective web search, and a vastly improved understanding of the human genome. Machine learning is so pervasive today that you probably use it dozens of times a day without knowing it. Many researchers also think it is the best way to make progress towards human-level AI. In this class, you will learn about the most effective machine learning techniques, and gain practice implementing them and getting them to work for yourself. More importantly, you'll learn about not only the theoretical underpinnings of learning, but also gain the practical know-how needed to quickly and powerfully apply these techniques to new problems. Finally, you'll learn about some of Silicon Valley's best practices in innovation as it pertains to machine learning and AI.

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Tags: AI, Open Innovation, Leadership

ITIL Foundation Certificate in IT Service Management
EXIN your ICT competence partner
December 14, 2016
The certification can help:

Those who require a basic understanding of the ITIL framework
Those who want to understand how ITIL can be used to enhance IT service management
IT professionals or others working within an organization that has adopted ITIL.

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Tags: Open Innovation, Leadership, Future of Work

Digital Marketing Fundamentals - Digital Active
Google
September 21, 2016
Faites évoluer votre carrière ou votre activité à votre rythme grâce à des formations flexibles et personnalisées, conçues pour renforcer votre confiance et vous aider à réussir.

Développer de nouvelles compétences
Renforcer votre visibilité sur Internet
Engager avec votre communauté à distance
Travailler à distance grâce aux outils numériques

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Tags: AI, Open Innovation, Leadership

MSc - Engineering Degree
Polytech Sorbonne Paris
October 01, 2013
Polytech Sorbonne is Sorbonne University’s engineering school. This university is world-renowned for the excellence of its research and teaching. Polytech Sorbonne, a university polytechnic graduate school, trains top-level engineers in close collaboration with industry.

Major in:
• Computer Science
• Software engineering
• Management of Information Systems
• Electronics
• Embedded systems
• Systems design
• Telecommunications

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Tags: AI, Open Innovation, Leadership

Intensive studies in Mathematics and Physics.
Preparatory Institute for Engineering Studies
June 01, 2009
Classes Préparatoires for the competitive entrance exams to the French “Grandes Ecoles” in engineering.

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Tags: AI, Open Innovation, Leadership

31 Article/Blogs
Procurement Technology – A look to the Future
JAGGAER
November 17, 2020
Procurement is changing, of that there is no doubt. It’s an obvious statement of course. The real discussion is now, “how much?” and “what’s coming next?” With new technologies emerging onto the scene globally, and the uncertainties created by the pandemic, mixed with massive social, economic and demographic shifts these questions are becoming increasingly top of mind. To bring this back under the lens of procurement there are two main schools of thought on the subject – R.I.P procurement and the primacy of procurement.

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Tags: Innovation, Procurement

Augmented Procurement is Making the Future Our New Reality
JAGGAER
August 25, 2020
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 let’s take a step back. Think about your house for a moment. How many smart devices do you have? How many smart devices do family members or friends have? Smart TVs, Alexa, Google Home, Siri, Cortana, the list really does go on and on. This technology was revolutionary when it first arrived, and now most people are empowering their day to day activities and simplifying their lives. Now, just imagine that technology specifically tailored to procurement. It must be years off before that kind of technology is ready for day-to-day use though, right? Wrong.

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Tags: Innovation, Procurement, Management

Hello Automated Procurement, Goodbye Tedium
JAGGAER
July 21, 2020
How much do you enjoy routine tasks such as updating dozens of price lists, generating purchase requests, and entering and reviewing information for multiple suppliers? Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. They absorb precious time – time that could be spent on more important strategic tasks that add value to the organization and make work more satisfying and rewarding for a procurement professional.

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Tags: Emerging Technology, Innovation, Procurement

The Unrevealed Guide To Autonomous Procurement: Everything The Experts Didn't Tell You Yet
Amenallah Reghimi
July 07, 2020
procurement professionals who are becoming disillusioned. One of the latest, “Autonomous Procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. But many purchasing team members, including leadership, still lack clarity on what exactly the term means. Understanding the definition of autonomous procurement – from AI to process automation – will provide the ability to better take advantage of its benefits that are already here and better prepare for those that are still on the way.

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Tags: AI, Open Innovation, Procurement

Technologies émergentes : l’évolution du Smart Assistant (in french)
JAGGAER
June 16, 2020
Où que nous regardions, nous constatons un buzz constant autour des nouvelles technologies, comme l’Intelligence Artificielle, le Machine Learning ou la Cognitive Intelligence. Ces tendances émergentes devraient révolutionner les Achats : d’après Supply Management, “le Cognitive Procurement stimulera la fonction Achats et la poussera en avant ” et les early adopters y gagneront un avantage compétitif certain. Les experts de l’industrie s’intéressent particulièrement à comment ces nouvelles technologies peuvent améliorer la souplesse de la fonction Achats. D’après Chris Sawchuk, Global Procurement Consultative Practice Leader chez The Hackett Group, 74% des professionnels des Achats pensent que la flexibilité est fondamentale mais seuls 36% affirment savoir comment l’améliorer.

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Tags: AI, Open Innovation, Procurement

COVID-19 Procurement Response: Your Questions Answered
JAGGAER
May 20, 2020
COVID-19 Procurement Response: Your Questions Answered

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Tags: Open Innovation, Procurement, COVID19

Digitized Procurement: Your Setting-off Point to Autonomy
JAGGAER
May 12, 2020
In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. But what does this mean? How will we get there? And where are we now?

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Tags: AI, Procurement, COVID19

Si funciona, no es estúpido: Por qué la gestión autónoma de las compras es una idea realmente inteligente
JAGGAER
May 10, 2020
A medida que aumenta la gestión autónoma de las compras, los críticos se apresuran a descartar la idea. En los próximos cinco o diez años, la gestión de las compras se reinventará a medida que la tecnología siga avanzando, se acerca la era de las compras autónomas.

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Tags: AI, Open Innovation, Procurement

Augmented Analytics for Procurement Professionals
Amenallah Reghimi
April 30, 2020
Augmented Analytics for Procurement Professionals

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Tags: Open Innovation, Procurement, Predictive Analytics

What on Earth is “Autonomous Procurement,” Anyway?
JAGGAER
April 30, 2020
With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. But many purchasing team members, including leadership, still lack clarity on what exactly the term means. Understanding the definition of autonomous procurement – from AI to process automation – will provide the ability to better take advantage of its benefits that are already here and better prepare for those that are still on the way.

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Tags: AI, Open Innovation, Procurement

How Digital Twin Can Help?
Amenallah Reghimi
April 25, 2020
Digital Twin refers to a digital representation showing in real-time the operation and life cycle of physical assets, processes, people, places, systems, and devices. It can be used for detecting the root cause of issues and improve productivity.

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Tags: AI, Open Innovation, Procurement

Les Achats et le COVID-19 : Les réponses à vos questions
JAGGAER
April 21, 2020
Le COVID-19 et les Achats : Pourquoi la gestion de crise doit s’accompagner d’un temps d’adaptation. Toutes les réponses à vos questions à découvrir ici

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Tags: AI, Open Innovation, Procurement, COVID19

The Impact of dirty data on your business
Amenallah Reghimi
April 09, 2020
When you consider the unnecessary storage costs for redundant data and the countless marketing campaigns that depend on inaccurate lead records, the picture gets a lot worse.
Let’s take a quick look at the impact dirty data can have on your business.

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Tags: AI, Mobility, Procurement

How to Use Smart Assistants to Build a Procurement Conversational Platform
Amenallah Reghimi
April 07, 2020
This is only the beginning of what Smart Assistants are capable of, and as researchers continue to develop the technology, we’ll see more and more use cases for procurement teams. No one can be sure of where procurement innovation will ultimately go, but we can be sure that the evolution of Smart Assistants will play a significant part along the way.

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Tags: Future of Work, Predictive Analytics, Procurement

What Does Augmented Analytics Mean for Procurement?
linkedin
April 05, 2020
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.

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Tags: Procurement, Predictive Analytics, Future of Work

How to Conquer an Indestructible Reputation Thanks to Autonomous Procurement
Amenallah Reghimi
March 29, 2020
As talk of “Autonomous Procurement” increases, critics are quick to dismiss the idea. However, some of these doubts might be a bit preemptive. Over the next five to ten years, procurement will be largely reimagined as technology continues to advance. Autonomous procurement is coming and leaders will embrace it. In this article, I define the concept of "Autonomous Procurement", the journey toward it as well as its benefits.

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Tags: Procurement, Predictive Analytics, Future of Work

¿Qué supone aplicar Augmented Analytics en tu estrategia de compras?
JAGGAER
March 26, 2020
Podemos pensar que Augmented Analytics es otra ‘palabra de moda’, pero, en el fondo, no importa la palabra sino el pensamiento y tecnología que hay detrás. Y lo más importante, lo que la analítica aumentada puede hacer por ti.

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Tags: AI, Predictive Analytics, Procurement

What Does Augmented Analytics Mean for Procurement?
Amenallah Reghimi
March 24, 2020

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Tags: Mobility, Procurement, Predictive Analytics

Making Procurement Autonomous: Embracing the Future Now
Amenallah Reghimi
March 22, 2020
I believe that the procurement professionals around the world stand on the threshold of a new age. The old paradigm of cost reduction and cost efficiency is drawing to a close. New and revolutionary concepts are spinning from the frenzied technological leaps of our time; especially in digital transformation. In this dynamic, complex and disruptive era, procurement leaders and experts the world over are searching for a secure, successful future. This article introduces how to make procurement autonomous.
Let’s prepare the future together!

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Tags: Procurement, Predictive Analytics, Future of Work

It’s Not Dumb If It Works: Why Autonomous Procurement is a Really Smart Idea
JAGGAER
March 10, 2020
As talk of “autonomous procurement” increases, critics are quick to dismiss the idea. However, some of these doubts might be a bit preemptive. Over the next five to ten years, procurement will be largely reimagined as technology continues to advance. Autonomous procurement is coming and leaders will embrace it.

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Tags: Future of Work, Predictive Analytics, Procurement

Si ça fonctionne, c’est que ce n’est pas si bête : les achats autonomes, une idée géniale (in French)
JAGGAER
March 02, 2020
Alors que les discussions autour des « achats autonomes » se multiplient, les critiques s’empressent d’en rejeter l’idée. Mais ces doutes sont peut-être un peu précipités. D’ici cinq à dix ans, la notion d’achat va fortement évoluer au fur et à mesure des progrès technologiques. L’avènement des achats autonomes est annoncé et les leaders y souscriront.

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Tags: Future of Work, Mobility, Procurement

Rendre les achats autonomes : Se préparer à l’avenir tout en vivant au présent
JAGGAER
February 04, 2020
Une révolution numérique se produit sous nos yeux. De Cortana, Siri et Alexa à Tesla, Uber et Waymo, les appareils autonomes et la soi-disant intelligence artificielle sont tout autour de nous. Même les loisirs comme le sport sont transformés par les appareils de fitness, l’Internet des objets et l’analyse statistique. Forbes prédit que l’intelligence artificielle (IA) révolutionnera tout, du dépistage et de l’analyse des performances à la santé des athlètes, en passant par les angles de prise de vue pour la diffusion des images. Par conséquent, avec l’invasion de la technologie intelligente qui s’invite dans nos foyers, nos loisirs et nos déplacements, il est logique de se demander quand le travail sera impacté à son tour.

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Tags: Future of Work, Mobility, Procurement

Robotic Process Automation (RPA), The New Power to the People
Amenallah Reghimi
December 21, 2019
One of the most blogged about, talked about, and debated topics these days revolves around artificial intelligence and robotics and the myriad ways it’s going to change our lives.
As for concerns about how RPA impacts the employment of some workers in IT and other areas, these tools hardly ever take away jobs; rather, they take away many hours of work, rote tasks of jobs that often remain
The relationship between technology and people has to change in the future for the better, and I think RPA is one of the great tools to enable that change.

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Tags: Predictive Analytics, Future of Work, RPA

The top 10 emerging trends in strategic technology in 2020, according to Gartner
Amenallah Reghimi
December 02, 2019
In the latest IT symposium at Orlando, Gartner Inc. analysts identified 10 of the most disruptive technology trends that are defined by their rapid growth and potential to set new standards in AI, innovation, and strategic technology over the next five years.

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Tags: Mobility, Predictive Analytics, Procurement

Artificial Intelligence to Improve Decision-Making in Procurement
Amenallah Reghimi
October 26, 2019
The next big shift in business architectures is happening
now: the pervasive application of exponential technologies such as artificial intelligence (AI), automation, blockchain and the Internet of Things (IoT) to core processes and workflows. AI is well-positioned to deliver robust supplier collaboration solutions by enabling product managers to continuously collate data from a large number of data sources, incorporate new lessons from such data into an algorithm and deliver these solutions autonomously.

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Tags: Mobility, Procurement, Future of Work

Deploy a Strategic Category Management Solution to Maximize ROI
Amenallah Reghimi
June 07, 2019
A dedicated category management module allows category managers to focus their efforts on maximizing their return on investment and intelligently analyze data, all without leaving their procurement tool.

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Tags: Procurement, Predictive Analytics, Future of Work

Déployer une Solution de Category Management : Une Stratégie Pour Optimiser son ROI (in French)
JAGGAER
June 07, 2019
Disposer d’un module de category management permet aux category managers de concentrer leurs efforts sur l’augmentation du ROI et l’analyse intelligente des données, le tout sans avoir à sortir de leur SI Achats.

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Tags: Future of Work, Mobility, Procurement

Why Aren’t We Using the Fusion of Digital Twin and Procurement To Generate Power Yet?
Amenallah Reghimi
January 03, 2019
Digital transformation is not a #strategy, a press release or a white paper - it is a total reimagining of the way the world needs to work.
The added value of #procurement coupled with DigitalTwin is not only to predict or provide a virtual view of the product. The power of this #innovation is that it can support to conceive better, more efficient products and so empower consumers’ satisfaction.

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Tags: Procurement, Predictive Analytics, Future of Work

Emerging Technologies: The Evolution of the Smart Assistant
JAGGAER
December 13, 2018
The Evolution of the Smart Assistant

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Tags: AI, Future of Work, Procurement

Smart Cities, Business Success, Increase Confidence: The promise of Digital Twin.
Amenallah Reghimi
December 02, 2018
Smart Cities, Business Success, Increase Confidence: This is the promise of Digital Twin.

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Tags: Procurement, Predictive Analytics, Future of Work

The One Piece of Information you need before implementing an Intelligent Solution
Amenallah Reghimi
April 07, 2017
What is the right way to implement AI and what are the wrong ways?

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Tags: Future of Work, Predictive Analytics, Procurement

12 Influencer Awards
Top 50 Global Thought Leaders and Influencers on Innovation (LiveBoard)
Thinkers360
July 03, 2020
Top 50 Global Thought Leaders and Influencers on Innovation (LiveBoard)

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Tags: AI, Innovation, Leadership

Top 50 Global Thought Leaders and Influencers on Leadership (LiveBoard)
Thinkers360
July 02, 2020
Top 50 Global Thought Leaders and Influencers on Leadership (LiveBoard)

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Tags: Future of Work, Leadership, Procurement

Top 50 Global Thought Leaders and Influencers on COVID-19 Business Impact (June 2020)
Thinkers360
June 13, 2020
Top 50 Global Thought Leaders and Influencers on COVID-19 Business Impact (June 2020)

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Tags: COVID19

Top 50 Global Thought Leaders and Influencers on AI (LiveBoard)
Thinkers360
May 23, 2020
Top 50 Global Thought Leaders and Influencers on AI (LiveBoard)

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Tags: AI, Open Innovation, COVID19

Top 50 Global Thought Leaders and Influencers on Predictive Analytics (LiveBoard)
Thinkers360
May 23, 2020
I am ranked in the Top 3 as part of the Top 50 Global Thought Leaders and Influencers on Predictive Analytics

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Tags: AI, Predictive Analytics, COVID19

Top 50 Global Thought Leaders and Influencers on Future of Work (LiveBoard)
Thinkers360
May 23, 2020
I am ranked in the Top 10 as part of the Top 50 Global Thought Leaders and Influencers on Predictive Analytics

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Tags: Procurement, Future of Work, COVID19

Top 50 Global Thought Leaders and Influencers on Mobility (LiveBoard)
Thinkers360
May 22, 2020
I am ranked in the Top 10 as part of the Top 50 Global Thought Leaders and Influencers on Mobility

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Tags: Mobility, Open Innovation, COVID19

Top 20 - Thought Leaders & Influencers for Covid-19 (LiveBoard)
Thinkers360
May 16, 2020
Thinkers360 extensive #COVID19 business impact content from premier thought leaders & influencers.

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Tags: AI, Procurement, COVID19

Top 50 Global Thought Leaders and Influencers on Open Innovation (LiveBoard)
Thinkers360
May 02, 2020
I am ranked No. 1 as part of the Top 50 Global Thought Leaders and Influencers on Open Innovation.

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Tags: AI, Open Innovation, COVID19

Top 50 Global Thought Leaders & Influencers on Procurement (April 2020)
thinkers360
April 13, 2020
the Top 50 Global Thought Leaders & Influencers on Procurement

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Tags: AI, Procurement, COVID19

Innovation Challenge
JAGGAER / Bravosolution
April 01, 2017
JAGGAER (formerly BravoSolution) Way Innovation Challenge was a competition conducted in May 2016 challenging employees to generate innovations to address a practical customer needs. Contestants were asked to prepare proposals specifically addressing how predictive analytics will change procurement, and how Intelligent User Guidance provides insights that improves adoption and customer productivity. JAGGAER Top Management used a survey to determine which areas of potential innovation would have the most impact on customer value and competitive advantage.

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Tags: Future of Work, Predictive Analytics, Procurement

Practice Area Leadership Award
JAGGAER
November 01, 2016
This is awarded to the Company Employee across the world who has gone above and beyond in documenting and sharing practices with global colleagues via the Practice Area Leadership section. The criteria are based on the Quality & Quantity of Contribution.

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Tags: Future of Work, Predictive Analytics, Procurement

13 Keynotes
Digital Transformation in Action: How AstraZeneca is Digitalizing Its Category Management Framework Featuring The Hackett Group
Hackett Group
December 10, 2020
Effective category strategy development and management are essential to procurement’s ability to collaborate and deliver value to the business. How we combine the launch of a new strategy framework with a technology implementation can build the foundation to track full procurement lifecycle value creation.

Tune into this webinar to hear from AstraZeneca’s Tom Somolko, The Hackett Group’s Chris Sawchuck, and JAGGAER’s Amenallah Reghimi on their advice for effective category management.

You’ll learn how to:

Align and optimize strategy framework and technology launches
Embed category management processes within a single platform
Build the foundation to measure full lifecycle value creation
Get real-life examples of designing, automating, and future-proofing your category management and strategy processe

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Tags: AI, Procurement, RPA

JAGGAER takes centre stage at inaugural KSA Digital Procurement Confex
TechXmedia
October 08, 2020
JAGGAER has underscored the importance of digital procurement transformation during the inaugural Digital Procurement KSA Virtual Confex, which took place on the 8th of October.

The event addressed the challenges faced by procurement leaders in Saudi Arabia due to COVID-19 and how companies can minimize their economic impact, support communities, and create new opportunities as economies rebound. The event also highlighted the digitally-led steps required to support employees, maintain business continuity, and build for the future.

As a keynote speaker at the event, JAGGAER ’s Amenallah Reghimi, Vice President of Product Management, presented the session, Leading and Enabling Digital Procurement Transformation. He discussed how procurement impacts business strategy, which leadership style helps lead digital procurement transformation, and the new and emerging technologies procurement professionals need to pay attention to.

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Tags: AI, Procurement, COVID19

Leading and Enabling Digital Procurement Transformation
Digital Saudi 2030
October 08, 2020
• How procurement can impact the business strategy
• Which leadership style will help you lead digital procurement transformation
• Dramatic changes and emerging technologies you need to pay attention to

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Tags: AI, Open Innovation, Procurement

Implement the Next Wave of Industry 4.0
Supply Chain and Demand Executive
September 23, 2020
A company's supply chain is its competitive advantage in the marketplace. Adopting an Industry 4.0 approach to supply chain processes and efficiencies through digital transformation is more imperative than ever before. How critical is Industry 4.0 to your business? Consider that between 2019 and 2024, the Industry 4.0 market is expected to grow from $71.7 billion in 2019 to $156.6 billion by 2024, according to ResearchAndMarkets. Learn how to implement the next stage of Industry 4.0 for greater supply chain outcomes.

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Tags: AI, Predictive Analytics, Procurement

USAGES ET PRATIQUES DE L'I.A DANS LES ACHATS ET LA SUPPLY
Nantes Digital Week - Audencia
September 23, 2020
Autonomous Procurement: How To Implement the Next Wave of Industry 4.0

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Tags: AI, Future of Work, Procurement

Four Steps to Automation Procurement – Setting Yourself Up for Tomorrow’s Success Today
Institute for Supply Management
July 29, 2020
The road to digital transformation is one of the hottest talking points in modern procurement. With four major phases of the autonomy journey, it’s key to understand where you stand, where you’re headed, and what’s next. Build a path to full autonomy for your procurement team and keep you ahead of the competition, bringing incredible value to your organization.

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Tags: AI, Procurement, Future of Work

RPA: Aligning Procurement to the purpose of agility & customer eccentricity
EdgeVerve
June 12, 2020
Aligning Procurement to the purpose of agility & customer eccentricity

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Tags: AI, Procurement, RPA

Beyond Analytics Everywhere: Augmented Analytics is the Next Step in Procurement Evolution
ProcureCon
May 27, 2020
Augmented analytics is among the most important technologies facing procurement in the coming years.

Join us on 5/27 to see why augmented analytics is rapidly becoming a primary driver in purchasing decisions for procurement suites and how the automation it brings will change your business

Leave this dynamic conversation with key takeaways such as:

The impact augmented analytics will have in procurement suites
While self-service, actionable analytics is the key to unlocking performance
How automated data discovery improves access for everyone
While some augmented analytic capabilities are already available, there are more to come as procurement systems continue to evolve. Listen to our expert speakers in data analysis and emerging technologies.

In under 60 minutes they will lay out the path to augmented analytics and illustrate what JAGGAER is doing to help its users get there.

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Tags: AI, Open Innovation, Procurement

FINANCE & PROCUREMENT LEADERS: Augmented Analytics
ELN Events
May 14, 2020
This Virtual Conference centers around pre-qualified 1:1 business meetings and an end user-driven, double track, interchangeable agenda. My virtual keynote will be around "AUGMENTED ANALYTICS IS THE NEXT STEP IN PROCUREMENT EVOLUTION"

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Tags: Procurement, Predictive Analytics, Future of Work

Technology Innovation: Artificial Intelligence Fueling Procurement Innovation
JAGGAER
October 03, 2019
In this keynote, I talked about how AI/Predictive Analytics/RPA can fuel the procurement innovation/future of work and empower the employees instead of replacing them.

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Tags: Future of Work, Predictive Analytics, Procurement

Technology Innovation: Augmented Analytics - Actionable, Predictive & Prescriptive
JAGGAER
October 03, 2019
In this keynote, I talked about the following Technology's Innovations in procurement: Augmented Analytics - Actionable, Predictive & Prescriptive. We have also highlighted the impacts of Augmented Analytics on the future of work

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Tags: Future of Work, Predictive Analytics, Procurement

Solution Roadmap: Category Management
JAGGAER
October 02, 2019
The aim of this keynote is to discuss the actual Category Management products as well as the Intelligent Category Management. It's a keynote provide by JAGGAER

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Tags: Future of Work, Predictive Analytics, Procurement

JAGGAER Embedded Analytics
Tableau
May 22, 2019
This keynote was part of the Tableau Embedded Analytics Seminar where I talked about the value of Embedded Analytics (Predictive and Prescriptive) and its impacts on procurement as well as the future of work of the procurement's professionals.

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Tags: Future of Work, Predictive Analytics, Procurement

15 Media Interviews
JAGGAER takes centre stage at inaugural Saudi Arabia
www.zawya.com
October 13, 2020
The event brought together key decision-makers from a host of industries
Saudi Arabia developing more advanced procurement function to support Vision 2030 and massive infrastructure pipeline

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Tags: AI, Predictive Analytics, Procurement

JAGGAERat inaugural Saudi Arabia Digital Procurement Virtual Confex
writecaliber
October 13, 2020
JAGGAER underscored the importance of digital procurement transformation during the inaugural edition of the Digital Procurement KSA Virtual Confex. The event addressed the challenges faced by procurement leaders in Saudi Arabia due to Covid-19, and how companies can minimise their economic impact, support communities, and create new opportunities as economies rebound.

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Tags: AI, Mobility, Procurement

JAGGAER takes centre stage
Dubai New Style
October 13, 2020
JAGGAER underscored the importance of digital procurement transformation during the inaugural edition of the Digital Procurement KSA Virtual Confex. The event addressed the challenges faced by procurement leaders in Saudi Arabia due to Covid-19, and how companies can minimise their economic impact, support communities, and create new opportunities as economies rebound.

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Tags: AI, Mobility, Procurement

JAGGAER DIGITAL PROCUREMENT
Techx Media
October 13, 2020
JAGGAER underscored the importance of digital procurement transformation during the inaugural edition of the Digital Procurement KSA Virtual Confex. The event addressed the challenges faced by procurement leaders in Saudi Arabia due to Covid-19, and how companies can minimise their economic impact, support communities, and create new opportunities as economies rebound.

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Tags: AI, Open Innovation, Procurement

JAGGAER takes centre stage at inaugural Saudi Arabia Digital Procurement Virtual Confex
middleeastbusiness
October 12, 2020
As a keynote speaker at the event, JAGGAER’s Amenallah Reghimi, Vice President of Product Management, presented the session, Leading and Enabling Digital Procurement Transformation. He discussed how procurement impacts business strategy, which leadership style helps lead digital procurement transformation, and the new and emerging technologies procurement professionals need to pay attention to.

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Tags: AI, Predictive Analytics, Procurement

Augmented Analytics Q/A
JAGGAER
October 08, 2020
We hosted a webinar explaining the ins and outs of augmented analytics, including how JAGGAER is helping users along the path. We received dozens of audience questions, so the webinar hosts, Mike Roberts and Amenallah Reghimi, have provided answers to some of our favorites.

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Tags: AI, Predictive Analytics, Procurement

Thinkers360 COVID-19 Business and Technology Implications and Recommendations
Thinkers360
June 13, 2020
What are your predictions for COVID-19 in terms of business and technology implications and recommendations for executives over the next year?

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Tags: AI, COVID19, Procurement

COVID-19 Procurement Response: Your Questions Answered
JAGGAER
April 22, 2020

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Tags: Procurement, Future of Work, COVID19

Als het werkt, is het geen flauwekul: waarom autonoom procurement een hele slimme zet is (in Dutch)
VIB Magazine
April 08, 2020
The journey to autonomous procurement as well as its impacts on the procurement fuction

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Tags: AI, Procurement, Future of Work

The 2020 Procurement and Supply Predictions from the Market — JAGGAER
Spend Matters / Magnus Bergfors
January 06, 2020
From Spend Matters: "Continuing our series of procurement and supply chain related predictions for 2020, we have gathered a variety of predictions from leading vendors in the procurement and supply chain market, and will add our own sprinkling of endorsement from analyst Magnus Bergfors in our own roundup piece to follow.
Today let’s hear what solution provider of cloud-based business automation technology tools for spend management JAGGAER has to say."

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Tags: Procurement, Predictive Analytics, Future of Work

News JAGGAER to expand data capabilities with AI powered analytics
The Paypers
June 14, 2019
This is a press release where we as JAGGAER announced expansions to its Analytics capabilities on the JAGGAER ONE spend management platform.

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Tags: Procurement, Predictive Analytics, Future of Work

L'automatisation, acte 1 de l'IA aux Achats - La Lettre des Achats (In French)
La lettredes achats
June 04, 2019
L'automatisation, acte 1 de l'IA aux Achats - La Lettre des Achats

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Tags: Procurement, Predictive Analytics, Future of Work

JAGGAER To Release Actionable Analytics In Phase One Of Augmented Analytics Roadmap
Windowswear
March 07, 2019
In this Press Release, we as JAGGAER announced the planned release of Actionable Analytics technology as part of a multi-phase roadmap toward an Augmented Analytics solution for its JAGGAER ONE spend management platform. Actionable Analytics will be released in the JAGGAER 19.1 platform update, scheduled for April 2019. I was the responsible Product Manager for this feature

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Tags: Future of Work, Mobility, Procurement

JAGGAER to Introduce Intelligent Technology to its Integrated Spend Management Suite
Globenewswire
February 12, 2019
As part of JAGGAER, we announced the planned introduction of Intelligence, in the form of a conversational Smart Assistant, to its JAGGAER ONE spend management suite. This upgrade will completely change the interactive user experience.

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Tags: Future of Work, Mobility, Procurement

Offres e-achats : la mobilité est source d'agilité
Decision Achats
July 05, 2016
Offres e-achats : la mobilité est source d'agilité

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Tags: Mobility, Procurement, Predictive Analytics

5 Panels
Creating the Golden Triangle – People, Processes and Technology
Procurement Leaders
November 25, 2020
Can you trust your data and how does it impact your decision making? Join us next week for an exclusive panel discussion hosted by Procurement Leaders, where we will answer your questions on how best to use your data, and learn how augmented analytics can optimise the way you analyse your spend.

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Tags: AI, Mobility, Procurement

ROUND TABLE DISCUSSION
Digital Saudi 2030
October 08, 2020
Managing the impact on procurement for resilience and growth
● How is COVID-19 affecting procurement?
● How to build resilience for the future
● Risk management: Delivery risk / Counterparty risk
● Fast-changing market conditions. How do you cope up?

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Tags: AI, Future of Work, Procurement

Compras y Covid-19: Todas tus preguntas
JAGGAER
May 23, 2020
Amenallah Reghimi y Michael Roesch de JAGGAER junto a Philip Ideson, fundador y director general de Art of Procurement, participaron en un webinar dirigido a los profesionales de compras para hablar sobre las diferentes tácticas para responder a la situación actual. Durante el encuentro se recibieron muchas más preguntas de las que fueron capaces de responder en ese momento, por lo que las hemos recopilado y hemos pedido a nuestros expertos que las contesten con el objetivo de que podáis tener más información.

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Tags: Open Innovation, Procurement, COVID19

RPA: Power to the People
Procurement Sit Down
May 20, 2020
In this event, we will discuss key topics such as Procurement transformation, the uses of IoT, Data Analytics in Supplier Management and how technology is shaping procurement, CPO Event gives you the opportunity to meet leading decision-makers under one roof at one time, to be part of the discussions that are shaping the future of procurement and to network and develop contacts that will strengthen your business.

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Tags: Procurement, Predictive Analytics, RPA

COVID-19: YOUR PROCUREMENT RESPONSE STRATEGY (Video)
JAGGAER
April 10, 2020
Supply chains and businesses around the world are facing unprecedented challenges. As CEOs seek to retain cash, reduce spending, and maintain business continuity, procurement teams are tasked with responding quickly and accurately. In this webinar, we’ll explore ways to leverage procurement technology to solve these challenges. Our presenters will examine immediate, mid-term and long-term actions, drawing on data and experiences from the crisis in 2008 and how JAGGAER prepared our customers to come back stronger than ever

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Tags: Procurement, Predictive Analytics, Future of Work, COVID19

1 Podcast
Digital Transformation and Procurement: Hype vs. Reality
JAGGAER
July 11, 2018
In this blog series, powered by Procurious, I sat down with Philip Ideson to discuss the latest trends in procurement and what the future holds.

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Tags: Future of Work, Predictive Analytics, Procurement

1 Quote
JAGGAER takes centre stage at inaugural Saudi Arabia Digital Procurement Virtual Confex
Middle East Business
October 12, 2020
As a keynote speaker at the event, JAGGAER’s Amenallah Reghimi, Vice President of Product Management, presented the session, Leading and Enabling Digital Procurement Transformation. He discussed how procurement impacts business strategy, which leadership style helps lead digital procurement transformation, and the new and emerging technologies procurement professionals need to pay attention to.

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Tags: AI, Predictive Analytics, Procurement

6 Speaking Engagements
How AstraZeneca is Digitizing its Category Management Framework
SIG
October 14, 2020
Effective Category Strategy development and management are essential to Procurement's ability to collaborate with and deliver value to the business. In this session, we will explore how combining the launch of a new strategy framework with a technology implementation can build the foundation to track full procurement lifecycle value creation and take the strategy from paper to practice. Procurement leaders that attend the session will benefit from real-life examples of designing, automating and future-proofing your strategy development and category management processes.

You will learn how to:

Align and optimize strategy framework and technology launches
Embed category management processes within a single platform
Build the foundation to measure full lifecycle value creation
Understand how category management is evolving with new technologies
Lifecycle Phase: Optimization

Tom Smolko - AstraZeneca
Amenallah Reghimi - JAGGAER

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Tags: AI, Procurement, Future of Work

https://www.jaggaer.com/tejari/news/press-releases/jaggaer-takes-centre-stage-at-inaugural-saudi-arabia-digital-procurement-virtual-confex/
JAGGAER
October 13, 2020
JAGGAER Vice President of Product Management delivers keynote speech at the inaugural Digital Procurement KSA virtual event
The event brought together key decision-makers from a host of industries
Saudi Arabia developing more advanced procurement function to support Vision 2030 and massive infrastructure pipeline

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Tags: AI, Procurement, Predictive Analytics

Insightful webinars from augmented analytics to the customer experience
JAGGAER
April 16, 2020
Augmented Analytics is the Next Step in Procurement Evolution

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Tags: Future of Work, Predictive Analytics, Procurement

Digital Summit: Four Steps to Autonomous Procurement
ProcureCon
April 01, 2020
A crash course on the four major steps to autonomous procurement, this webinar will provide a basis to build on and get you up to speed on the essentials of autonomy. As the world becomes more digital, all jobs – procurement included – continue to evolve. How will procurement and AI work together for better decision making in the future? Automated, Digital, Intelligent, and Autonomous Procurement each represent a distinct step on the journey, and must be approached deliberately with the right partners. To be able to meet modern demands while remaining profitable, organizations need to make their procurement functions more agile and effective; the only way to achieve this is by embedding next-generation intelligence into all the processes from source to pay.

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Tags: Procurement, Predictive Analytics, Future of Work

Autonomous Procurement: How Artificial Intelligence is Changing Procurement
Eworld Procurement
March 10, 2020
rganisations who are adopting AI & RPA are experiencing 40-60% increase in productivity and 45-65% reduction in operating costs. We will provide practical guidance on how to get started by sharing real-life use cases of how AI & RPA is used in procurement from a small, test and learn phase through to scalable processes to drive even greater efficiencies and return to the business.

Benefits of attending this session:

Discover new capabilities and unlocking value
Practical guidance on getting started with AI & RPA
Case Study: Proven use cases and results across procurement

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Tags: Procurement, Predictive Analytics, Future of Work

Make Sense of AI
Procurious / Philip Ideson
May 21, 2018
In this video, we discuss the latest trends in procurement and what the future holds (2018)

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Tags: Procurement, Predictive Analytics, Future of Work

8 Videos
How AstraZeneca is Digitizing its Category Management Framework
SIG
October 22, 2020
Effective Category Strategy development and management are essential to Procurement's ability to collaborate with and deliver value to the business. In this session, we will explore how combining the launch of a new strategy framework with a technology implementation can build the foundation to track full procurement lifecycle value creation and take the strategy from paper to practice. Procurement leaders that attend the session will benefit from real-life examples of designing, automating and future-proofing your strategy development and category management processes.

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Tags: AI, Predictive Analytics, Procurement

The Road Toward Conversational Procurement In Platforms
JAGGAER
June 26, 2020
Everyone’s talking about automated procurement tools... and the procurement tools are starting to talk back. As conversational source-to-pay platforms start to become commonplace, it’s important to keep tabs on where the technology is most advanced, most available, and most useful. At their most basic, they allow users to interact with software – and, most importantly, the data stored inside – with simple, natural language requests and commands.

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Tags: AI, Leadership, Procurement

Comment l'analytics augmenté va transformer les achats ?
JAGGAER
April 23, 2020

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Tags: AI, Procurement, Predictive Analytics

FOUR STEPS TO AUTONOMOUS PROCUREMENT (Video)
JAGGAER
April 04, 2020
A basic overview of the road to autonomous procurement
How procurement will develop over the next 10 years
Why it’s important to start now in order to succeed ten years from now
Where JAGGAER will support your autonomy journey

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Tags: AI, Future of Work, Procurement

(video) BEYOND ANALYTICS EVERYWHERE: AUGMENTED ANALYTICS IS THE NEXT STEP IN PROCUREMENT EVOLUTION
JAGGAER
April 03, 2020
This video is the recording of the webinar BEYOND ANALYTICS EVERYWHERE: AUGMENTED ANALYTICS IS THE NEXT STEP IN PROCUREMENT EVOLUTION
The impact augmented analytics will have on procurement suites
Why self-service, actionable analytics are key to unlocking the performance
How automated data discovery improves access for everyone
What conversational analytics JAGGAER is developing

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Tags: Future of Work, Mobility, Procurement

POUR DES ACHATS PLUS AUTONOMES EN 4 ÉTAPES (Video)
JAGGAER
March 18, 2020
Les concepts de base des achats autonomes
Comment les achats évolueront au cours des prochaines années
Pourquoi il est important de commencer dès aujourd’hui pour réussir
Comment JAGGAER peut-il vous accompagner dans la mise en place de processus d'achats autonomes

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Tags: AI, Future of Work, Procurement

AI 2020: WHAT TO EXPECT FROM ARTIFICIAL INTELLIGENCE IN PROCUREMENT (Video)
JAGGAER
February 04, 2020
What procurement can expect from AI-based solutions in 2020 and beyond
What procurement can start doing now to prepare for leveraging AI-based technology
How JAGGAER is integrating AI into our solutions to deliver value for procurement
Artificial intelligence promises to revolutionize the world of procurement. Get the know-how and tools you need to prepare for the digital transformation of your business!

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Tags: AI, Procurement, Future of Work

Make Sense of AI - Digital Transformation and Procurement: Hype vs. Reality
Procurious
May 21, 2018
In this video, we discuss the latest trends in procurement and what the future holds (2018)

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Tags: AI, Future of Work, Procurement

1 Webinar
COMMENT L'ANALYTICS AUGMENTÉ VA TRANSFORMER LES ACHATS (In French)
JAGGAER
April 21, 2020
Quels impacts l’Analytics Augmenté aura sur les suites Achats.
Pourquoi il est indispensable d’avoir à portée de main des outils d’Analytics pour surperformer
Comment rendre l’analytics accessible à toutes les parties prenantes
Quels outils d’analytics conversationnels sont développés par les équipes de JAGGAER

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Tags: Future of Work, Predictive Analytics, Procurement

8 Webinars
Category Management: FROM PAPER TO PRACTICE
JAGGAER
July 30, 2020
Are your category strategies left on paper and never used in practice? Are you still trying to unify your processes between cross-functional teams? Or are you struggling to align your category strategy with your business needs?

Many category managers struggle to take their plans from theory to reality. Thankfully, digital solutions are shifting the way categories are managed and helping teams take control. Join our webinar to learn about:

The most common challenges for category managers
Who benefits from strong category management and how
How JAGGAER addresses category management
How category management is evolving with new technologies

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Tags: AI, Predictive Analytics, Procurement

Conversational Procurement Platforms
JAGGAER
June 25, 2020
In our 45-minute webinar, get up to speed on:

Where conversational technology stands where it’s headed in the future
The most useful applications of conversational language in procurement
How natural language speeds up your overall workflow
What JAGGAER is doing to maximize the impact of voice and chat assistants

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Tags: AI, Innovation, Procurement

COVID-19: YOUR PROCUREMENT RESPONSE STRATEGY
JAGGAER
April 09, 2020
Supply chains and businesses around the world are facing unprecedented challenges. As CEOs seek to retain cash, reduce spending, and maintain business continuity, procurement teams are tasked with responding quickly and accurately. In this webinar, we’ll explore ways to leverage procurement technology to solve these challenges. Our presenters will examine immediate, mid-term and long-term actions, drawing on data and experiences from the crisis in 2008 and how JAGGAER prepared our customers to come back stronger than ever

See publication

Tags: Procurement, Predictive Analytics, Future of Work, COVID19

FOUR STEPS TO AUTONOMOUS PROCUREMENT
JAGGAER
April 03, 2020
In just 45 minutes, you’ll learn:

A basic overview of the road to autonomous procurement
How procurement will develop over the next 10 years
Why it’s important to start now in order to succeed ten years from now
Where JAGGAER will support your autonomy journey

See publication

Tags: Procurement, Predictive Analytics, Future of Work

BEYOND ANALYTICS EVERYWHERE: AUGMENTED ANALYTICS IS THE NEXT STEP IN PROCUREMENT EVOLUTION
JAGGAER
April 02, 2020
The impact augmented analytics will have on procurement suites
Why self-service, actionable analytics are key to unlocking performance
How automated data discovery improves access for everyone
What conversational analytics JAGGAER is developing

See publication

Tags: Future of Work, Mobility, Procurement

WEBINAR AI 2020: WHAT TO EXPECT FROM ARTIFICIAL INTELLIGENCE IN PROCUREMENT
JAGGAER
April 02, 2020
In one hour, you’ll learn:

What procurement can expect from AI-based solutions in 2020 and beyond
What procurement can start doing now to prepare for leveraging AI-based technology
How JAGGAER is integrating AI into our solutions to deliver value for procurement
Artificial intelligence promises to revolutionize the world of procurement. Get the know-how and tools you need to prepare for the digital transformation of your business!

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Tags: Procurement, Predictive Analytics, Future of Work

POUR DES ACHATS PLUS AUTONOMES EN 4 ÉTAPES
JAGGAER
March 17, 2020
Les concepts de base des achats autonomes
Comment les achats évolueront au cours des prochaines années
Pourquoi il est important de commencer dès aujourd’hui pour réussir
Comment JAGGAER peut-il vous accompagner dans la mise en place de processus d'achats autonomes

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Tags: Procurement, Predictive Analytics, Future of Work

Il futuro degli acquisti? Autonomous Procurement!
The Procurement
February 21, 2020
- panoramica sul percorso verso l’Autonomous Procurement 
- tendenze evolutive del procurement nei prossimi 10 anni 
- perché è importante partire per non perdere opportunità
- come JAGGAER può supportare il viaggio verso l’autonomous procurement

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Tags: Future of Work, Predictive Analytics, Procurement

10 Whitepapers
5 Key Activities to Get your Procurement Organization AI-Ready
Amenallah Reghimi
November 13, 2020
Artificial intelligence (AI) solutions seem to be popping up everywhere – with many procurement pundits reporting that more than half of the world’s supply chains, procurement organizations, and financial professionals are already preparing to make major investments in AI over the next several years.

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Tags: AI, Future of Work, Procurement

ACHATS AUTONOMES : LES TECHNOLOGIES CRÉATRICES DE VALEUR
JAGGAER
August 20, 2020
Comment les nouvelles technologies impactent la collaboration entre les humains et les machines
Quelles sont les technologies qui façonnent les Achats aujourd’hui ? Comment créer plus de valeur grâce à la technologie ?

Le terme ‘Achats Autonomes’ est utilisé par les leaders de l'industrie pour décrire leur vision du futur des achats. En termes simples, l'achat autonome est le moment où la technologie aide la plupart des actions d'achat : de la décision d'acheter (quoi et à qui) jusqu'à la réalisation des achats sans aucune intervention humaine.

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Tags: AI, Predictive Analytics, Procurement

ACHAT AUTONOME : ÉTAPES CONCRÊTES POUR PRÉPARER L’AVENIR
JAGGAER
July 16, 2020
Qu'est-ce que les Achats Autonomes ? Qu'est-ce que cela signifie pour les professionnels des Achats ? Quelles sont les technologies clés qui se cachent derrière ce concept et que vous devriez connaître ?

Le concept d’Achats Autonomes n’a que cinq ou dix ans et représente une opportunité sans précédent pour les services d'achat de transformer leur valeur stratégique au sein de l'entreprise.

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Tags: AI, Open Innovation, Procurement

Why autonomous procurement is your exit strategy
Supply Management Insider
July 01, 2020
What will the chief procurement officer be doing in 2030? If they seize the transformational opportunity provided by autonomous procurement, they could be shaping strategy, not just implementing it, and driving competitive advantage.

As the global economy reels from the impact of Covid-19, the present has seldom been more demanding but as counterintuitive as it may sound, this is the right time for CPOs to consider the need to reinvent procurement (yes, again) if their organisation is to stay competitive between now and 2030.

This Expert Report, produced in collaboration between Supply Management Insider with JAGGAER (Amenallah Reghimi), which looks at the challenges for CPOs and the four stages of autonomous procurement, including 'automation built on assistive intelligence' and 'augmented procurement built on augmented intelligence'.

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Tags: AI, Open Innovation, Procurement

8 STEPS TO GET YOUR PROCUREMENT ORGANIZATION AI-READY
JAGGAER
June 10, 2020
To help jump-start your AI journey, we've developed a checklist with the five key activities you and your procurement team need to start working on today:

Collaboration Strategy—Who you need to team up within your organization to define where AI should be used and why

Process Automation & Optimization—Defining risk tolerances of automated processes

Data Integration—What you need to do to your data to ensure it is ready to use with an AI-based procurement solution

Change Management—Training that is mission-critical to ensure proper implementation and adoption of a software solution

Costs & ROI—Identifying the costs, benefits, and ROI from implementing AI

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Tags: AI, Open Innovation, Procurement

AUTONOMOUS PROCUREMENT: PRACTICAL STEPS TO EMBRACE THE FUTURE
JAGGAER
June 09, 2020
In this white paper, you will learn:

What procurement organizations need to be doing now to prepare for autonomous procurement
The applications that are driving us toward autonomous procurement including: guided buying, on-time delivery prediction, recommendation engines, and supply chain optimization
How autonomous procurement will help empower the procurement function, making it more strategic
The role service providers play in preparing the enterprise to take advantage of cutting-edge technology

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Tags: AI, Open Innovation, Procurement

AUTONOMOUS PROCUREMENT: THE TECHNOLOGIES THAT ARE DRIVING PROGRESS
JAGGAER
June 09, 2020
This white paper explores:

A five year trajectory of how the enterprise will be automated—looking at the roles that most likely to be affected
The main functions and processes where procurement can expect to reap huge benefits from automation
The seven main technologies that are transforming procurement, moving the industry closer to true autonomy

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Tags: AI, Open Innovation, Procurement

THE JOURNEY TO AUTONOMOUS PROCUREMENT
JAGGAER
April 30, 2020
For decades, procurement solution vendors have promised to digitize processes and revolutionize procurement. These “digital procurement” platforms claimed to bring a transformation for the procurement function. But in most cases, software only converted existing processes to computers without reducing the manpower required to execute them. Today, these decades-old promises are finally starting to be realized in modern source-to-pay platforms, but only for some individuals.
Written by Michael Lamoureux from Spendmatters with the contributions of Amenallah Reghimi from JAGGAER

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Tags: AI, Open Innovation, Procurement

13 Steps To The Category Strategy Of Your Dreams
JAGGAER
October 01, 2019
A checklist to the ultimate category management checklist to help you develop the strategy you need! Developed by experts, the checklist is the step-by-step guide to developing the perfect strategy for each category.

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Tags: Future of Work, Predictive Analytics, Procurement

Data Lake, Data Warehouse; Similar Yet Different
Amenallah Reghimi
April 07, 2019
As data generation and usage are concerned, many companies are developing Data Lakes alongside their Data warehouses. What this means in practice is that you cannot opt for only one of the concepts — you need to embrace the two. However, with the above explanation, you should now know the differences hence make the most of the two repositories.

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Tags: Future of Work, Predictive Analytics, Procurement

Radar

3 Technologies
Conversational Platforms

Date : July 30, 2020

As we move forward, we will let the machines learn to communicate like us, rather the other way around

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Conversational Procurement Platforms

Date : July 30, 2020

Chatbots enhanced with AI enable procurement teams to adapt to more proactive management, speak and understand regular language and provide answers to frequently asked questions, all while increasing the usability for end users.

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Procurement

Date : July 30, 2020

Procurement tools deliver a simpler and more rewarding experience to all of the stakeholders in the procurement process, from source to pay.

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3 Predictions
Intelligent Systems

Date : October 23, 2020

In 2021, Intelligent systems will be enhanced to not only learn pattern recognition from the input of humans but they will also use these learnings to adapt to new tasks and situations, just like a seasoned expert might. This will be a sizable advantage when it comes to handling exceptions, because an intelligent system can adapt to manage pattern exceptions faster. We expect this to free up the human experts to develop strategic plans rather than spending that time managing exceptions and overseeing software.

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2021 Predictions for Procurement

Date : October 23, 2020

In 2021, we will be embracing the Intelligent Procurement era, embedded intelligence will be used to capture data in the various procurement functions and activities and will be augmented with the market intelligence as well as the community data and generate automated insights about the best next action.
Besides, this analysis is expected to trigger a series of recommendations that can leverage forecasts and “what if scenarios” with various modeling algorithms and high number of variables to empower the procurement professionals to take the best decisions.

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2020 Predictions for COVID-19 Business Impact

Date : September 28, 2020

Leveraging intelligent solutions platforms (with embedded intelligence, cognitive automation and augmented analytics) is the next big shift in the procurement space that we will see over the next year. Supply chain, sourcing, supply risk management, procurement, were key words during COVID-19. It’s time for organizations to start taking advantage of the intelligent procurement’s tools to access real-time prescriptive guidance with the ability to do what-if analysis. Executives should focus on how to augment employees instead of replacing them by using tools that can carry out strategic operations and perform sophisticated tasks with ease. It is crucial that buyers are freed up to identify new opportunities, reexamine category strategies, and redesign both their products and their supply chains.

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Blog

13 Article/Blogs
What you should look for in future for Procure To Pay
Thinkers360
November 08, 2020
Over the coming years, P2P will increasingly leverage artificial intelligence, natural language processing and robotic procurement automation to deliver an even better buying experience on the one hand, while further cutting costs, increasing efficiency, reducing risk, and improving governance and insight on the other. Generally speaking, you can expect P2P solutions to be more open, network-oriented, autonomous, collaborative and intelligent.

Here are seven trends that I think you can reasonably expect to reshape P2P not in some distant future but between now and 2025.

· It will be a more collaborative environment for all stakeholders (internal and external) with full compliance, validations, and approvals. P2P and MRP systems will collaborate through direct material order and fulfillment; P2P and corporate treasury will collaborate to support cash flow planning and optimize working capital
· It will be more autonomous by taking charge of routine tasks such as all forms payment management and processing, improving the productivity of the payment process and the financial health of the supply chain
· It will empower open business networks bringing together the entire community of buyers and suppliers, integrating and accessing external services and market intelligence feeds
· It will be interactive with smart assistants assisting you through guided buying, vendor management and other chores
· Enhanced intelligence will enable P2P systems to act proactively on behalf of users learning from and using all data sources and knowledge to make improvement recommendations to all stakeholder activities and the P2P process
· It will deliver win-win finance programs to buyers and suppliers, for example dynamic discounting and supply chain finance programs
· The focus of P2P will shift further from savings to value, reinforcing procurement’s profile as a strategic partner to the business.

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Tags: AI, Predictive Analytics, Procurement

What is Needed to Get Started with Augmented Analytics?
Thinkers360
May 01, 2020
An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations. While augmented analytics reduces the need to know how the technology works, what is missing is access to the technology and an appreciation of why it should be used, i.e. the benefits it can bring, such as identifying supply market trends ahead of the competition.

Gartner estimates that on average, only 35% of people in organizations have access to analytics and BI tools. “Despite the compelling benefits of augmented analytics, which can accelerate adoption well beyond this limited level, efforts to incorporate augmented analytics encounter resistance,” writes Gartner, and this is the case for a number of reasons, including the lack of data literacy in the broader user population, distrust, concerns about job security etc. The outlook is slightly rosier in procurement: in our Digital Procurement Survey 50% of respondents rated their awareness of digitalization as “up to date” or “excellent”. But there is some way to go.

That said, we believe the “How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report Gartner Trend Insight Report” gives some excellent advice on gearing up for the next wave of augmented analytics, concluding that “Early adopters of augmented analytics have the potential to realize more strategic and differentiating business benefits from their analytics investments than those who wait until these technologies are widely adopted.” That is certainly already proving to be the case in procurement. The is certainly worth your consideration.

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Tags: AI, Innovation, Predictive Analytics

What about Smart Cities?
Thinkers360
April 25, 2020
According to the National Foundation Research of Singapore's Prime minister office, “Virtual Singapore” is already in progress. This project will be capable of visualizing landscapes against ongoing and future renovation projects.

This may be done by positioning the sensors at the right place in the city to get the most relevant information such as bus stops, traffic lights, bridges, parking etc.
By powering the smart cities with interconnected sensors, we will enable the optimal use of the available assets by detecting where is the nearest available parking, hence reducing the traffic light, saving time and fuel and so participating in developing the garden cities to make our lives healthier, more liveable, and more relaxed than today.

Another example could be a better monitoring of the transport flows and pedestrian movement patterns or analyze which buildings is more suitable for the installation of solar panels based on the potential for solar energy production.
Many possibilities are offered in terms of comfort, but also in their wake, a multitude of ethical issues and identity, especially regarding data confidentiality should be considered.

Smart Cities, Business Success, Increase Confidence: This is the promise of Digital Twin.

In conclusion, there is no doubt that we are moving to a new world, a world where business itself is going to be forced to change by a new generation. This is a great opportunity for all of us to rethink the way we do business.

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Tags: AI, Innovation, Procurement

How To Tackle The RPA Security Issues
Thinkers360
April 23, 2020
With the beautiful stories about RPA, we must not be ignorant of the risks associated with deploying robots or automating business operations. The increase in cyber-attacks, RPA introduced new forms of threat that can be leveraged by hackers to access unauthorized systems and exploit vulnerabilities.

Routine procedures such as transfer of files, processing of orders, payroll management, payment verification, etc can be automated and to do this the automation platform requires access to confidential information of staff, customers, vendors, etc. Credit card numbers, financial information, Social Security numbers, etc could be misused by software robots or robotic workflow developers.

These security risk issues exist in the two forms below:

a) Data Security Issues: This has to do with improper use of confidential personal and corporate data. Implementing companies must work to ensure the full privacy and security of data used by machines.

b) Access Security Issues: This relates to unauthorized users' possibility of accessing and using confidential data dealt with by bots. Access to such data must be prevented from employees and hackers.

Here are some ways to tackle RPA security issues that should be around: Integrity, Confidentiality, Traceability and Control:

(i) Governance & Product Security: It is important to build an RPA security strategy with clear policies that should be compliant with the company’s security policies. Besides, it is crucial to perform security architecture risk analysis of chosen RPA solutions and include security scanning tools as part of the bot creation/maintenance process.

(ii) Prevention of Unauthorised Access: Everyone on an RPA team must not have free access to the data; there must be an assignment of roles (i.e Bot Creator, Tester, Controller, Runner). Assigning roles to RPA members ensures the curtailing of too many accesses to sensitive data and thereby keeping fraudulent activities under check. Password or login credentials must be used by all users and processes to have access to the credential vault. Like this, only specific authorized users may get to the sensitive data area.

(iii) Active Directory Integration: This assists in assigning roles by centralizing team credentials for easy management. Active directory integration creates a control center for login credentials. With this, activities of robotic processes can be tracked

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Tags: AI, Innovation, Predictive Analytics

What is the Digital Twin?
Thinkers360
April 20, 2020
On Aug. 14, Morandi Bridge in Genoa, Italy, collapsed killing more than 40 people as dozens of vehicles and tons of concrete and steel plunged onto city streets below in a disaster that prompted an emergency review of Italy’s aging infrastructure. What if we could have prevented that disaster before even taking off?
20 April 2010 the Deepwater Horizon drilling rig in the Gulf of Mexico collapsed causing the largest marine oil spill in the history of the petroleum industry known as BP oil spill/leak. What if we could have fixed the drilling rig before even it broke down?
Can machines by time repair itself? Learn from its own mistakes?
Yes, it can, by Digital Twin!

So, what is the Digital Twin?
Digital Twin refers to a digital representation showing in real-time the operation and life cycle of physical assets, processes, people, places, systems, and devices. It can be used for detecting the root cause of issues and improve productivity.
It’s done by hooking smart sensors on an object be it a machine, aircraft or a building to gather data about its real-time status and working condition through internet.

Thanks to the Internet of Things (IoT) connection, it’s possible to retrieve and sends real-time information for analysis, offering many opportunities to enhance product performance or plan the activities of an entire production line.

In short, a Digital Twin is built on the connection of data between the real physical product and the virtual product.

In conclusion, there is no doubt that we are moving to a new world, a world where the business itself is going to be forced to change by a new generation. This is a great opportunity for all of us to rethink the way we do business.

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Tags: AI, Innovation, Predictive Analytics

The RPA pitfalls
Thinkers360
April 17, 2020
Is Robotic Process Automation (RPA) the solution for any digital transformation issue? Is it the perfect solution? We may think Yes based on the market hype. The truth is that RPA is not always the quick fix for every process automation.

As for every project, it’s key to plan carefully the RPA solution and focus on both process, technology and maintenance to avoid magnifying existing problems. In other words, if there are errors in the process, the bots will continue to replicate those errors indefinitely.
My advice to my customers is that associating automation with a “set it and forget it” can’t be a reality. There are many chances that an RPA project fails if companies are not aware of the RPA pitfalls from the very beginning.

Don’t implement RPA if your process:
- is very complex and/or changes frequently
- involves higher-level cognitive tasks (in the next article we will talk about the hype around Cognitive RPA)
- is not optimized
- is with insignificant business impact and is not cost-effective

Don’t implement RPA if you don’t,
- have a clear strategy
- set-up KPI to measure the automation's success
- have the leadership buy-in and support from the key functions
- plan the maintenance's needs and cost

Before starting any RPA activity, be ready to have the right checklist to define whether RPA is ideal for your operations, and where it will work best. You should start with the use cases that make sense, can optimize the existing process, increase employee and customer satisfaction.

In case you are a robot reading this article, please feel free to like and share it with your other bots’ friends mining the web !

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Tags: AI, Innovation, Mobility

Nine Benefits of Robotic Process Automation (RPA)
Thinkers360
April 15, 2020
Whether it is a small, medium or large organization, all of them are aiming to automate its business processes in a way that it adds value to that manual strategizing. Robotic Process Automation eliminates dull tasks, freeing workers to focus on higher-value work. While also reducing human error and staffing cost by eliminates jobs and creating new ones.
Any business hoping to compete with others today must embrace robots! Few benefits of RPA are stated below:

1) Improve Accuracy and Boost Productivity: While humans work on the productivity of 60% with some margin of errors, our dear RPA work on an error-free productivity level of 100%!
2) Reduce Compliance Issues: Once you set the requirement, it continues to work by following the rules.
3) Optimal Cost Savings: With RPA deployed, your cost will continue to drop. You save the cost of hiring, training, overtime payment and so on.
4) Improved Flexibility: With RPA implementation, a business needed only to deploy virtual workers that imitate human employees to map up the change. With few lines of software code change, the bots continue working.
5) Speed: Companies that implemented RPA attest to the increase in productivity due to the speed of operation. RPAs work tirelessly round the clock (i.e., 24 hours), whereas human works an average of 8 hours or so per day and would still need breaks, vacations, leaves, etc. An RPA never sleeps, never takes a break, never goes on vacation and costs relatively lower than an employee.
6) Seamless Set-Up: Setting-up the bot does not take much, no need for any expensive installation or system overhaul.
7) Fast Detection of Fraud: Robots can detect fraud faster than humans. They can easily do background checks and complex fraud investigations.
9) Time-Saving: Robots work faster and on multiple tasks at a time compared to humans; therefore, they save a lot of time and in return money.

In case you are a robot reading this blog, please feel free to like and share it with your other bots’ friends mining the web !

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Tags: AI, Future of Work, Procurement

What is Autonomous Procurement?
Thinkers360
April 10, 2020
Let’s start by looking at what an autonomous procurement system means. At JAGGAER, our own definition of a truly autonomous procurement solution is one that will not only have cognitive capabilities embedded throughout the platform, but will build on those capabilities to automate entire sourcing and procurement processes without any buyer interference whatsoever when the opportunity arises.

That final piece is key; “when the opportunity arises.” The goal of autonomous procurement is not to eliminate the human element of sourcing and procurement. Instead, it is to remove unnecessary tasks that take up time and resources, and enable team members to think and operate at a strategic level. This is not just a good idea – it’s a really good idea. Here’s why:

We’ve only scratched the surface on Autonomous Procurement
Many procurement suite providers already offer functionality that can loosely be defined as “augmented,” but this is only the second of four steps on the journey to autonomy. “Smart” technologies like vendor-managed inventory tools are a strong start, but current technology can go well beyond rules-based systems.
Instead, modern technology exists in the third step toward autonomous procurement: Intelligent Procurement. Intelligent systems should already be learning from past purchases, user preferences, and experiences, not just responding to direct stimuli based on rules and decision trees. Tools like vendor-managed inventory can remove the ordering step when inventories hit predetermined levels, but this kind of rules-based programming is not autonomous.

Autonomous procurement will deliver on its promises
Artificial intelligence (AI) is, in many ways, still in its infancy. And yet even now, AI capabilities already go beyond their human counterparts in some areas. For example, a 2018 study pitted 20 barred attorneys against the LawGeex Artificial Intelligence solution. The results were staggering, with the attorneys catching 85% of mistakes on average and the AI system spotting 94%. Moreover, it took the attorneys 92 minutes, while the computer did the task in 26 seconds. AI is not just the future – it’s already here.

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Tags: AI, Future of Work, Procurement

Data Lake Vs. Data Warehouse: How They Compare?
Thinkers360
April 09, 2020
What Is A Data Lake?
Data Lake holds data in an unstructured way — no hierarchy or organization among individual data. It basically holds raw data. Data Lake accepts and keeps different forms of data from various sources. It supports all data types until when the need for them arises. Since Data lake holds several types of data, with time some of the data may never be used. The lake then gets messy and unmanageable, it then degenerates into data swamp.
To make it easy to understand, think of Data Lake as a natural lake. Water from every source streams into the lake to fill it. The lake contains different organisms and materials; fishes, tadpoles, frogs, water plants, bacteria, algae, mud, sand, etc. Now take the water and contents of the lake as Data in different forms.
The lake takes just about anything into it (unstructured or raw data). Anyone can dive into it, take samples, fish and probably swim. Also, since the lake can be treacherous only professionals (data scientists) can easily swim or fish in it but open to everyone. With that simple analogy, you should understand the concept called data lake now.
What Is A Data Warehouse?
Data Warehouse stores data in an organized and processed manner. Everything is archived and ordered in a defined way. During the development of a data warehouse, so much goes into it. The sources of data are analyzed and understand the business process. Data to include and exclude is predetermined from inception. Data to be loaded in the warehouse must have predetermined use before loading them into it.
For a better understanding of the Data Warehouse concept, we shall look at Data Warehouse as a swimming pool or fish pond. The pool or pond is clean and well structured. Only clean water (structured or process data) is allowed into the pool or pond. The water is treated with chemicals, the pool is clean regularly and kept tidy.
Just anyone cannot just dive into a swimming pool, you must be authorized to do so. In the case of a fish pond, the fishes or organisms (data) inside it have their purpose predetermined from set-up. This explanation should give you a better understanding of the data warehouse concept.

Data Lake Vs. Data Warehouse: How They Compare
Data Lake and Data Warehouse differ in so many ways and much more different than they are alike. The only similarity between the two concepts is the high-level purpose of data storage.

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Tags: Future of Work, Mobility, Procurement

The One Piece of Information you need before implementing AI
Thinkers360
April 08, 2020
What is the right way to implement AI?

The real Artificial Intelligence (AI) transformation starts by asking the right questions and building the habit of transformation amongst the staff because one who isn’t eager to learn or move forward will stay behind.
At the moment when you think to leverage AI in your company, you should at the same time:
- Think about an implementation strategy to not lose money.
- So, once the AI strategy is defined, the problems to be solved are clear, you need to educate your teams and enable transformation internally by clarifying the targets to be achieved.
- Engage your internal team
Involving your employees and teams is important. It has to come from the top down. If you don’t have a CEO and top managers who understand the importance of AI in your context, it isn’t going to work.
- Get clean and integrated data
It’s all about the data. It is important to work on the data sources and identify how you can get clean and structured data to start. AI without data may lead to a big failure. AI with the wrong training data will certainly lead to incorrect recommendations and maybe bad decisions.

Once all of this is done, I suggest doing a proof of concept and well define measures of success.

What are the wrong ways?

There are many failure factors when implementing AI such as:
- Don’t start AI because you want it. AI is not right for everything
- No AI strategy: understand what you are doing and Why you are doing it.
- You don’t have clean, structured, relevant and enough data
- Without support from leadership, your AI transformation might not succeed
- Don’t start alone. Partnership and market expertise are important
- Without KPI to measure the success
In a word, it’s important to not jump on an AI implementation project blindly.

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Tags: AI, Mobility, Procurement

FROM “A SOFTWARE AS A SERVICE” TO “A CONVERSATION AS A PLATFORM”.
Thinkers360
April 07, 2020
Quoting John McCarthy, he classified AI as the “The science and engineering of making intelligent machines, especially intelligent computer programs”.

Invariably, Artificial Intelligence (AI) has detailed itself as an actively developing machine, evolving through every era of change. For a long time now, it seems that man has been able to create a super-brilliant machine, usually robots – to be able to do what humans can do with ease. Predominantly, these machines have even proven to be able to do more, as they are unequivocally capable of processing huge information within a short time. In the same vein, they are still able to fill the void of agility and dexterity that humans cannot adequately fill in to.

One of the simplest methodologies toward achieving a remarkable user experience is by presenting an impeccable, flawless and deliberate design, which bolsters more on interaction experience for every device. Also, the visual simplicity makes the interfaces quite simple to communicate with. The design however doesn’t have to be excessively entangled to work unusually, thereby causing clients upbeat.
The idea depends on more conversational connections as opposed to tapping on buttons and icons on every product. Thus, allowing diversity on the Procurement software itself in a chat window within the external Procurement application.
Likewise, to be conversational, the interaction would be with the machine virtual assistance, usually a chatbot. This bot would be smart enough to comprehend what is being said and reply with significant bits of knowledge and accurately programmed information.

Cognitive Intelligence is tied in with making the quotidian experiences more intelligent, by implanting prescient intelligence into our regular applications. We should consider it thusly; since the modern insurgency, people have made tools to amplify human capacities. Of course, you can get crosswise over Europe in a horse carriage; but with an airplane, you can access the whole of Europe within the shortest time possible, and comfortably too. Simply put, AI the very tool that has been created to encourage us and our clients to get things done quicker and easier as well.

AI, is simply present to help us reorganize and rethink the procurement procedures to focus more on the most vital undertakings progressively and adjust the progressions.

With it, we’ll be able to changeround the business choices taken by our clients with moment experiences from anyplace.

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Tags: Future of Work, Predictive Analytics, Procurement

What Does Augmented Analytics Mean for Procurement?
Thinkers360
April 06, 2020
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.

Let’s step back first.
Analytics has been with us for some time – more than a couple of decades – though until recently it was generally called business intelligence (BI). But it is worth reminding ourselves of what it means, and what made it possible.

Analytics is a very broad term and we can get a better understanding of what it means by viewing it in four layers, each of which answers a successively more difficult question:

- What happened? (Descriptive Analytics, formerly called Business Intelligence)
- Why did it happen? (Diagnostic Analytics)
- What might happen? (Predictive Analytics, also referred to as Augmented Analytics)
- What should I do about it? (Prescriptive Analytics, also referred to as Augmented Analytics)

Augmented Analytics was made possible thanks to the use of machine learning techniques such as neural networks and multiple regression analysis and mathematical approaches such as decision tree analysis Bayesian inference modeling. These found their earliest commercial applications in areas such as customer profiling, market segmentation, and credit scoring as well as risk analysis (e.g. to determine the likelihood that a major client will default on a bank loan).

Further technological developments have changed that to give us what Gartner defines as augmented analytics, which “… uses machine learning and artificial intelligence techniques to transform how analytics content is developed, consumed and shared. Data and analytics leaders should plan to adopt augmented analytics as platform capabilities mature.”

This is a journey, and we are still only at the early stages. Nevertheless, by embedding intelligence into all the key applications from source to pay, algorithms can set certain actions in motion based on the collected data, which trigger recommendations for the user in the system.

What is Needed to Get Started?
An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations. While augmented analytics reduces the need to know how the technology works, what is missing is access to the technology and an appreciation of why it should be used, i.e. the benefits it can bring, such as identifying supply market trends ahead of the competition.

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Tags: Future of Work, Predictive Analytics, Procurement

Why Aren’t We Using the Fusion of Digital Twin and Procurement To Generate Power Yet?
Thinkers360
April 05, 2020
In this blog, we are going to see how Digital Twin can make procurement better and provide some use cases.

Digital twin has been applied in different fields such as aerospace for aircraft real-time monitoring, diagnosis and prognosis, maintenance, etc. Some enterprises (e.g., Siemens, Dassault, PTC) also use digital twin to support their services for customers.

How can this be used in procurement?
1) Save time and much more
Nowadays, the Spend Management solutions play a crucial role for the companies that are investing billions of dollars in implementation Digital Twin.
The editors and consulting firms have a big opportunity to collaborate with these companies as the Intelligent procurement and Digital Twin are two innovations that, by converging, would enable the next generation of the digital transformation in procurement.
A recent study by ARC Advisory Group reveals that the global process industry loses up to $20 billion (almost 5% of annual production) due to unscheduled downtime.
Thanks to Digital Twin, you can realize enormous savings by reducing the testing process and take advantage of the virtual training system. In this way, companies can reduce the systems failures and better plan the purchases based on predictive maintenance requests. According to a Microsoft Blog, Thyssenkrupp is one of the industry leaders using this new class of digital twin to transform many of their services businesses. Last year the company announced how, by using the predictive maintenance capabilities of Azure IoT, they could predict potential problems with elevators, which allow them to make time-saving interventions and quicker fixes for customers. Service technicians can visualize potential causes of issues even before they go to a job site, work hands-free while on the job, and engage with remote experts who can virtually walk them through solutions to fix potentially very complex problems. Work that used to take one to two hours is now taking less than 20 minutes.

2) The Big Procurement Transformation: Artificial Intelligence + Digital Twin
The e-procurement tools can get more and more powerful thanks to the Artificial Intelligence (AI) techniques combined with Digital Twin. Buyers can run forecasts and “what if scenarios” with various modeling algorithms and high number of variables that we get from connected sensors embedded in the products.
You can read more here: https://www.linkedin.com/pulse/when-digital-twin-meets-procurement-amenallah-reghimi/

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Tags: Procurement, Predictive Analytics, Future of Work

Opportunities

1 Media Interview - Print/Online
Autonomous Procurement

Location: Virtual    Date Available: April 16th, 2020    Fees: 1

Submission Date: April 05th, 2020    Service Type: Service Offered

Through inevitable market fluctuations, every organization needs to take precautionary steps to ensure its brand’s still standing when the dust clears. Even some large, successful organizations are more fragile than they seem. Yet we are in a world where disruption and randomness are increasing. In this dynamic and disruptive era, it’s important to be proactive. Let's talk about how Autonomous Procurement should be part of your strategy to drive your company into the future and make your organization anti-fragile and your reputation indestructible.

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