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Amenallah Reghimi

Chief Product & Technology Officer at Perx Technologies

Miami Beach, United States

Amen is globally known for building bridges between technology and business all over the world in 4 languages.
As Vice President of Product Management, Amen leads JAGGAER’s transformation into an intelligent platform, empowering customers with intelligent & data-driven capabilities. He succeeds by focusing on business process simplification, portfolio and investment strategy, and value achievement through digital innovation adoption. He has been managing a portfolio of 18 products across multiple streams including: Innovation, Embedded Intelligence, Analytics, Sourcing, Contract Management and Category Management.
He successfully implemented and executed 60+ international projects and managed key streams in more than 200 projects in private and public sectors. His extensive market knowledge and in-depth understanding of customers’ needs aid the companies he works with to increase their profit margin exponentially and build a growing pool of loyal customers.
His passion for technology and willingness to share while being a natural problem solver added to his pedagogical and philanthropic side grant him many accolades as a Global Thought Leader, Innovator, and Tech Philanthropist. He is an Advisory Council Member at The George Washington University School of Business and an Official Member of the Forbes Technology Council. In 2020, Thinkers360 honored him with multiple titles, including “No. 1 in COVID-19 Business Impact,” “No. 1 in Open Innovation,” and “No. 5 in Procurement” as part of the Top 50. In 2021, he was named recipient of the Supply and Demand Chain Executives 2021 Pros to Know Award as well the JAGGAER Employee Rockstar Award in the last two consecutive years.

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

Amenallah Reghimi Points
Academic 130
Author 252
Influencer 150
Speaker 376
Entrepreneur 196
Total 1104

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 40.73
Analytics 30.07
Big Data 30.10
Blockchain
Business Strategy 30.04
Customer Experience 62.35
Design Thinking
Digital Transformation 30.03
Emerging Technology
Future of Work 49.28
Innovation 30.44
Leadership 30.15
Marketing
Mobility 36.22
Predictive Analytics 32.11
Procurement 75.61
Risk Management
Startups
Supply Chain 30.07
IoT
Open Innovation 50.74
COVID19 45.62
RPA 36.92
Management 30.10
Smart Cities 30.69
Digital Twins 32.36
Change Management 30.08
ERP 30.06
Sustainability 31.02
Customer Loyalty 30.77

Industry Experience

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: Customer Experience, Future of Work, Open Innovation

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: Customer Experience, Open Innovation, Procurement

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

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Tags: Customer Experience, Future of Work, Open Innovation

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, Customer Experience, Open Innovation

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, Customer Experience, 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, Customer Experience, Open Innovation

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, Customer Experience, 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, Customer Experience, Open Innovation

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, Customer Experience, Open Innovation

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: Customer Experience, Future of Work, Open Innovation

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, Customer Experience, Open Innovation

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, Customer Experience, Open Innovation

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, Customer Experience, Open Innovation

2 Advisory Board Memberships
Advisory Council Member
The George Washington University School of Business
December 06, 2020

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Tags: AI, Customer Experience, Procurement

Forbes Technology Council Member
Forbes
September 01, 2020
Forbes Technology Council Is An Invitation-Only Organization For Senior-Level Technology Executives.
Members are respected tech leaders and executives — CEOs, CIOs, CTOs, and others — selected for the council based on their deep knowledge and diverse experience in the industry.

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Tags: AI, Customer Experience, Procurement

52 Article/Blogs
PLG (Product Led Growth) naturally aligns itself with this buyer behavior shift
Linkedin
November 05, 2022
PLG (Product Led Growth) naturally aligns itself with this buyer behavior shift

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Tags: AI, Customer Experience, Future of Work

Traditional Versus PLG Funnel Processes
LinkedIn
October 24, 2022
The buying journey has completely changed.
It used to go something like this

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Tags: AI, Customer Experience, Future of Work

PLG Demystified: What is Product led Growth, Really?
LinkedIn
September 24, 2022
PLG Demystified: What is Product led Growth, Really?

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Tags: AI, Customer Experience, Future of Work

PLG Demystified: What is Product led Growth, Really?
LinkedIn
August 08, 2022
Product led growth, or PLG, is a fairly simple concept. But, like any other business strategy, it’s one that tends to get overly complicated.
At its core PLG is simply: a software product or service that allows a user to start using the product or service in a self-service fashion.

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Tags: Customer Experience, Leadership, Business Strategy

What is Autonomous Commerce?
Jaggaer
March 16, 2022
In short, autonomous commerce is making buying crucial goods or services for your business as easy as shopping online.

eCommerce connects a world of buyers and sellers together. Giving smart match recommendations, fast shipping, seamless returns and an excellent UX. Not only do the buyers benefit from the ease of use and endless options, but the sellers do too, with access to a new pool of willing buyers. Autonomous Commerce takes that same foundation and applies it to enterprise commerce.

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Tags: AI, Customer Experience, Procurement

What is Autonomous Commerce? A More Networked, Intelligent and Efficient Way To Conduct Enterprise Commerce.
Amenallah Reghimi
March 13, 2022
In short, autonomous commerce is making buying crucial goods or services for your business as easy as shopping online.

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Tags: AI, Customer Experience, Procurement

What is Autonomous Commerce?
JAGGAER
February 16, 2022
Autonomous Commerce is a self-governing B2B commerce experience between buyers, suppliers, internet of things (IoT) and partners.

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Tags: AI, Customer Experience, Procurement

The Golden Rules of Category Management Strategy (EN)
Amenallah Reghimi
October 17, 2021
Too often I hear procurement professionals talking about struggling to implement a firm category management process.

Whether it’s a strategy problem, an alignment issue, or implementation struggles, it seems that category management is a tough thing to get right.

So, I wanted to give my golden rules for category management and my tips for building a strong category strategy based on feedback from professionals who successfully implemented it.

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Tags: AI, Customer Experience, Procurement

Starting Procurement’s Innovation Revolution- KR
Knowledge Ridge
August 11, 2021
For years procurement was considered a tool for cost reduction, and then came the push towards becoming a strategic business partner, but as our recent survey with IPG reports, now we’re stuck somewhere in the middle.
The way I see it, we have two choices.

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Tags: AI, Customer Experience, Procurement

The Golden Rules of Category Management Strategy
Jaggaer
July 27, 2021
Before jumping into these golden rules, first let’s recap what category management is. Category management has a decades-long history that has led us to our modern understanding of procurement categories.

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Tags: ERP, Procurement, Change Management

Ten Principles for Successful Procurement Change Management
Jaggaer
July 20, 2021
Procurement change management is a structured and holistic approach to how an organization prepares its people to respond to organizational change.

It’s both a strategy and philosophy that has to be embraced by leadership and enacted throughout the entire organization to achieve the desired outcome.

The Golden Triangle framework (people, process, technology) is essential for effective change management in digital transformation.

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Tags: Digital Transformation, Procurement, Change Management

4 Benefits of Autonomous Procurement
Jaggaer
June 04, 2021
Autonomous procurement is coming, whether you’re ready for it or not. Procurement and supply chain systems with embedded intelligence that can learn from your routine actions, provide business recommendations and automate your day-to-day tasks are already changing the way procurement is done.

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Tags: Big Data, Procurement, RPA

Where and How AI Adds Value to the World of Contract Creation and Management?
Amenallah Reghimi
May 29, 2021
Artificial intelligence in contract management is certainly changing the way procurement teams operate. But the change will only continue to accelerate as AI becomes more and more powerful. It’s important to stay apprised of the latest technology and how it can help boost your business.

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Tags: AI, Customer Experience, Procurement

How AI is Changing the World of Contract Creation and Management
Jaggaer
May 18, 2021
As we begin 2021, artificial intelligence remains at the forefront of many procurement conversations. The largest value of AI comes from enhancing current processes and optimizing internal operations. AI also drives better decision-making by supplementing human knowledge, aggregating data, and making intelligent predictions. We see these value drivers at every stage of the procurement cycle, but perhaps most strongly in contract management.

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Tags: AI, Innovation, Management

Solving the Digital Adoption Crisis
JAGGAER
April 08, 2021
The problem is that the piece that usually gets all the attention is technology.

Technology is new, it’s exciting, grabs headlines, but technology doesn’t solve problems. People using technology do.

The most advanced solutions in the world aren’t good for much without the people and processes in place to use them.

Digital adoption is so important, especially today when digital transformation is such a significant investment.

Technology can be complicated though, and often very misunderstood. Many people don’t embrace digital solutions because they think that eventually it could lessen the impact of their role or even make it redundant.

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Tags: Digital Transformation, Procurement, Management

An In-Depth Guide to AI-Powered Contract Management
Jaggaer
March 02, 2021
A study shows that the average Fortune 1000 company has an average of 40,000 active contracts on a given day.

Think about that for a second.

40,000 times that a contract needs to be authored, reviewed, negotiated, approved, and that’s just the beginning.

All contracts then need to be managed for their entire lifecycle, leveraging any negotiated clauses, monitored for compliance, and then reviewed again for renewal or amendments.

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Tags: AI, Innovation, Procurement

How Understanding 'The Golden Triangle' Drives Procurement And Digital Transformation
Forbes
February 11, 2021
Since the first industrial revolution, technology has progressed at an astounding rate. From the invention of steam engines to assembly lines — all the way to computers and the internet — the world has come a long way. Society is a much different place today than it was even just a decade ago. With all of these technological advances, business has grown exponentially. We're now in the Fourth Industrial Revolution, otherwise known as Industry 4.0, and 5.0 is approaching quickly.

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Tags: AI, Customer Experience, Procurement

Intelligent Procurement: The Final Frontier or a Step Towards Something Greater?
Jaggaer
January 19, 2021
I’ve been writing a lot about the idea of autonomous procurement lately, something that I am very passionate about. People often misinterpret autonomous procurement to be ‘machines and robots taking jobs’, ultimately leading to the death of human procurement jobs. This could not be further from the truth.

For a more in-depth analysis, you can read this blog on the subject, but in short, autonomous procurement is all about the collaboration of humans and technology, using the power of AI to cut out routine tasks and open the doors to a more strategic and value adding procurement function.

In a word, it will help technology leaders prove that people are the most valuable asset of the ‘Golden Triangle’ (People, Process, Technology).

It will mean a transformation of the procurement industry, shifting the focus from cost to value, and demanding procurement professionals to become strategic instead of tactical, and comfortable with making data driven decisions.

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Tags: AI, Open Innovation, Procurement

Council Post: Possibilities For The Future Of Procurement Systems
FlipBoard
January 01, 2021
There is no doubt that the pandemic has accelerated the digital transformation of the world — including procurement. However, this is just the beginning as soon

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Tags: AI, Customer Experience, Procurement

Possibilities For The Future Of Procurement Systems
Forbes
December 04, 2020
There is no doubt that the pandemic has accelerated the digital transformation of the world — including procurement. However, this is just the beginning as soon organizations will compete on their ability to deliver compelling algorithmic experiences. Now is the time to reimagine interactions, redesign the interfaces and rethink the identity of the procurement solutions that play a crucial role for the companies that are investing billions of dollars in digital transformation.

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Tags: AI, Future of Work, Procurement

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: AI, Customer Experience, 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: Customer Experience, Innovation, Procurement

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: Customer Experience, Open 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, Digital Twins

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, Future of Work, Digital Twins

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

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Tags: AI, Open Innovation, Procurement, Future of Work

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: Future of Work, Smart Cities, Digital Twins

Cognitive Procurement : l’ultime frontière ?
JAGGAER
February 17, 2018
Il y a eu beaucoup de buzz autour des technologies disruptives dans le domaine des Achats, dont le « Cognitive Procurement ». Mais de quoi s’agit-il et comment peut-il être utilisé pour gagner en efficacité et créer des économies d’échelle dans les services Achats ? Cet article va explorer ces sujets ainsi que les implications de l’Intelligence Artificielle pour le futur.

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Tags: AI, Customer Experience, Procurement

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

1 Book
A Practical Guide to Autonomous Procurement
JAGGAER
July 01, 2021
Autonomous procurement, and digital transformation in general, are abstract topics.

It’s hard to wrap your head around them because they seem very futuristic and not tangible.

Autonomous procurement is almost here though, and the journey has to start today, not in five years.

This eBook, A Practical Guide to Autonomous Procurement, is everything you’ll need to start your digital transformation journey, along with tips, advice, and stories to ensure a smooth transition.

You’ll learn:

The role of innovation in business
How to find a balance in ‘The Golden Triangle’
Steps to practically use and implement the technologies that will shape the future
How to tackle digital adoption and change management
And much more
Comes complete with checklists designed that give you actionable next steps to take today, that set you up for success tomorrow.

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Tags: AI, Customer Experience, Procurement

2 eBooks
Why Are SaaS Companies Turning Their Back to Sales Led Growth and Adopting Product Led Growth (PLG) Strategies?
LinkedIn
October 08, 2022
Product led growth is the future of business. #PLG

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Tags: AI, Customer Experience, Future of Work

Cómo innovar y crear valor en la función de compras y aprovisionamiento (Spanish)
JAGGAER
August 25, 2021
Conceptos como ‘compra autónoma’ y ‘transformación digital’, pueden parecer poco tangibles y futuristas. Sin embargo, es innegable que el cambio ya está aquí y que las empresas deben empezar a integrarlo en su día a día.

En este eBook, hemos reunido toda la información necesaria para iniciar una transición digital exitosa, así como material complementario como, por ejemplo, sugerencias, consejos y casos de éxito.

En este eBook descubriremos:

El papel de la innovación en la empresa
Cómo encontrar el equilibrio en los tres ejes principales (The Golden Triangle)
Los pasos a seguir para utilizar de forma práctica las tecnologías que marcarán el futuro
Cómo abordar la adopción digital y la gestión del cambio
Y, ¡mucho más!
Además el eBook contiene checklists diseñadas para orientarte sobre los próximos pasos a realizar para garantizar el éxito futuro.

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Tags: AI, Customer Experience, Procurement

3 Executives
Chief Product and Technology Officer
Perx Technologies
June 15, 2022
Chief Product and Technology Officer of Perx

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Tags: Customer Experience, Customer Loyalty, Future of Work

The JAGGAER ONE Digital Mind
JAGGAER
April 12, 2021
The JAGGAER ONE Digital Mind delivers embedded intelligence for strategic decision making

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Tags: AI, Customer Experience, Procurement

Vice President Of Product Management
JAGGAER
February 01, 2020
My mission is to transcend customer experience and simplify the complex by providing Intuitive & Intelligent SaaS-based spend management solutions, enabling unparalleled user adoption and customer outcomes.  
I am also responsible for the following products:
► Intelligent Solutions: Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT)
Robotic Process Automation (RPA) and other emerging technology

► Conversational Platform: Smart Assistant (chatbot)

► Recommendation System: Building it through a combination of customer-defined rules and ML

► Augmented Analytics: Predictive and Prescriptive

► Category Management: Category 360 and Category Strategies

► Sourcing: Bid Collector and Optimization

► Mobility: Mobile Application and "No-UI" Strategy

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Tags: AI, Customer Experience, Procurement

8 Groups
JAGGAER Adopt
JAGGAER
April 01, 2021
This is one of the product I have managed.
JAGGAER Adopt
Increasing software adoption and utilization to drive digital transformation.

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Tags: AI, Customer Experience, Procurement

JAGGAER Contracts
JAGGAER
November 06, 2020
This is one of the products that I have managed.
JAGGAER Contracts.
Delight your users with faster contract execution, increased compliance and decreased risk, bringing proven savings.

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Tags: AI, Customer Experience, Procurement

JAGGAER Advise
JAGGAER
May 01, 2020
This is one of the products I have managed.
JAGGAER Advise
Embed strategic decision-making and automated actions across your procurement organization.

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Tags: AI, Customer Experience, Procurement

JAGGAER Sourcing
JAGGAER
November 06, 2019
This is one of the products I have managed.
JAGGAER Sourcing
Deliver the best products and services to your users while lowering costs on both sides of the supply relationship.

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Tags: AI, Customer Experience, Procurement

JAGGAER Assist
JAGGAER
March 02, 2019
This is one of the products I have managed.
JAGGAER Assist
Improving speed, insights, efficiency and confidence for users.
Help, Find, Act: Empower your team with a new kind of intelligent digital assistant.

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Tags: AI, Customer Experience, Procurement

The JAGGAER ONE Digital Mind
JAGGAER
May 01, 2018
This is one of the products that I have managed.
The JAGGAER ONE Digital Mind
delivers embedded intelligence
for strategic decision making

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Tags: AI, Customer Experience, Procurement

JAGGAER Analytics
JAGGAER
May 01, 2018
This is one of the products I have owned.
JAGGAER Analytics
Optimize your business with powerful procurement analytics and embedded intelligence software.

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Tags: Analytics, Customer Experience, Procurement

JAGGAER Category Management
JAGGAER
February 15, 2018
This is one of the products that I have managed.
JAGGAER Category Management
Increase ROI with a strategic approach to managing your high impact categories.

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Tags: AI, Customer Experience, Procurement

1 Industry Award
Amenallah Reghimi Named as SDCE 2021 Pros to Know
Supply and Demand Chain Executives
March 16, 2021
Amenallah Reghimi, VP of Product Management have been named as recipients of Supply and Demand Chain Executives 2021 Pros to Know Award. This award recognizes the pairs efforts to offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

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Tags: Procurement

8 Industry Certifications
Product-led Certification
Pendo
September 01, 2022
Earners of this have demonstrated their knowledge of how to place their product at the center of the customer experience and leverage their product to solve challenges across all departments of the business, thereby being product led.

See credential

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Tags: AI, Customer Experience, Future of Work

Artificial Intelligence in Fintech
Linkedin
February 01, 2022
Roboadvisors, cryptocurrencies, and other technological innovations have been disrupting the finance world for years, challenging old ways of working with innovative new processes. There's even a word for the intersection of finance and technology: fintech. Curious about how fintech and the advancements it encompasses—namely, artificial intelligence (AI)—can affect your day-to-day work? If so, then this course is for you. Join Dr. Michael McDonald as he explores how fintech is changing the finance landscape, as well as how you can use AI in your banking or investment work. Discover how roboadvising works; explore borrowing and lending with online peer-to-peer (P2P) markets; learn how to evaluate the value of cryptocurrencies by building basic financial models with Excel; and more.

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Tags: AI, Customer Experience, Future of Work

Pendo Essentials
Pendo
March 01, 2021
Earners of the Pendo Essentials will be able to install Pendo, tag features and pages, create and use segments, implement guides and layouts, and interpret behavioral analytics.

See credential

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Tags: AI, Customer Experience, Future of Work

SIG - Global Executive Summit Speaker
Sourcing Industry Group
October 15, 2020
SIG - Global Executive Summit Speaker

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Tags: AI, Customer Experience, Procurement

Pricing Strategy Explained
Linkedin
June 10, 2020
ricing 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.

See credential

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Tags: AI, Customer Experience, Future of Work

Diversity, Inclusion, and Belonging for All
Linkedin
June 01, 2020
Learn about the challenges and opportunities inherent in working in diverse organizations. This transformative learning path reviews current thinking and best practices on essential topics such as bias in all of its forms, cultural competence, communication, allyship, and accountability.

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Tags: AI, Customer Experience, Future of Work

Strategic Thinking
Linkedin
September 25, 2019
Strategic thinking is the ability to think on a big and small scale, long and short term, and into the past and the present. While strategic thinking is a valuable skill for everyone in an organization, it becomes increasingly essential as you ascend the ladder. In fact, you may have a difficult time being promoted or succeeding as a leader without it. Yet, no one formally teaches strategic thinking—so it's critical to take the initiative and learn how to do it yourself. This course teaches managers and leaders how to use strategic thinking to guide the direction of their teams and come up with solutions to key business problems. Career and personal branding expert Dorie Clark shows you how to carve out time to think about strategy, gather data, learn from the past, create a vision for the future, and implement strategic thinking within your team.

See credential

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Tags: AI, Customer Experience, Future of Work

Certified 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 several of the leading scrum master exams. 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.

See credential

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Tags: AI, Customer Experience, Future of Work

1 Industry Council Member
Council Member
Gini
April 01, 2021

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Tags: AI, Customer Experience, Procurement

18 Influencer Awards
Top 50 Global Thought Leaders and Influencers on Customer Experience 2022
Thinkers 360
October 15, 2022
Top 50 Global Thought Leaders and Influencers on Customer Experience 2022

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Tags: Customer Experience

Top 50 Global Thought Leaders and Influencers on AI (June 2021)
Thinkers360
June 21, 2021
op 50 Global Thought Leaders and Influencers on AI (June 2021)

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Tags: AI

Top 50 Global Thought Leaders and Influencers on Future of Work (March 2021)
Thinkers360
March 20, 2021
the Thinkers360 leaderboard for our top 50 global thought leaders and influencers on Future of Work for March 2021. Congratulations to all our thought leaders and experts who participated!

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Tags: Future of Work

JAGGAER VPs Roger Blumberg and Amenallah Reghimi Named as SDCE 2021 Pros to Know
Jaggaer
March 17, 2021
RESEARCH TRIANGLE PARK, NC, March 17, 2021: JAGGAER is delighted to announce that Roger Blumberg, the company’s VP of Corporate & Product Marketing, and Amenallah Reghimi, VP of Product Management have been named as recipients of Supply and Demand Chain Executives 2021 Pros to Know Award. This award recognizes the pairs efforts to offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

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Tags: Supply Chain, Procurement

Amenallah Reghimi Named as SDCE 2021 Pros to Know
SDCE
March 16, 2021
SDCE Pros to Know award recognizes outstanding executives whose accomplishments leverage supply chains for competitive advantage.

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Tags: Procurement

Top 50 Global Thought Leaders and Influencers on Mobility (January 2021)
Thinkers360
January 11, 2021
Top 50 Global Thought Leaders and Influencers on Mobility (January 2021)
Here’s the Thinkers360 leaderboard for our top 50 global thought leaders and influencers on Mobility for January 2021. Congratulations to all our thought leaders and experts who participated!

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Tags: Customer Experience

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

31 Keynotes
Build Analytical Apps with Embedded Analytics
Salesforce
April 28, 2022
Deliver powerful analytics experiences with Embedded Analytics from Tableau. Learn how Embedded Analytics give developers the building blocks to embed Tableau’s rich analytics into their applications.

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Tags: AI, Customer Experience, Future of Work

Build a World of Analytics for Everyone
Salesforce
April 28, 2022
Tableau helps the world see and understand data. Our leading analytics platform allows you to build analytical experiences and discover the stories your data has to share.

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Tags: AI, Customer Experience, Future of Work

Le Commerce Autonome : Le futur des Achats
Decision Achats
February 17, 2022
Que vous soyez côté acheteur, vendeur ou partenaire, n’avez-vous jamais rêvé d’un monde connecté, automatisé, intelligent et complet ? Un monde dans lequel la technologie libère le potentiel de vos équipes pour leur permettre de se dédier uniquement à des missions stratégiques et à forte valeur ajoutée.
JAGGAER lance la Révolution du Commerce Autonome et transforme le commerce entre entreprises en une expérience sans friction qui vous accompagnera pour atteindre tous vos objectifs qu’ils soient liés aux performances de votre entreprise, à vos objectifs RSE ou autre.
Lors de la journée des Achats, Retrouvez Amenallah Reghimi, VP of Product Management chez JAGGAER pour un keynote de 30’ et découvrez comment l’utilisation de la technologie, notamment grâce à l’Intelligence Artificielle et au Machine Learning vont transformer votre quotidien et décupler le potentiel de votre département achat et de votre entreprise.

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Tags: AI, Procurement, Future of Work

Chief Procurement Officer USA, Virtual Knowledge Exchange
Iventiv
November 04, 2021
How can you provide the best possible support for your business as a global head of procurement? At iVentiv’s Chief Procurement Officer Virtual Knowledge Exchange, you’ll have the opportunity to set the agenda and draw on the latest knowledge and innovations. You won’t be sat silently in a webinar. Instead, you’ll be exchanging ideas directly with your peers.

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Tags: AI, Customer Experience, Procurement

Leading and exceeding your supplier relationships using AI
DPW Digital Procurement World
September 15, 2021
The emergence of technology has changed the lens in which both businesses and the public look at suppliers. From evaluating supplier risk and diversity, to community involvement and business collaboration, the expectations of suppliers have completely evolved.

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Tags: AI, Customer Experience, Procurement

OCR Today, Intelligence Document Processing Tomorrow: How to Get From Here to There
JAGGAER
June 24, 2021
To close out the first annual Autonomous Procurement month, JAGGAER brings Reggie Twigg, Director, Solution Marketing, AP and Transportation, ABBYY and a special guest from New South Wales Department of Communities and Justice in to discuss intelligent document processing (often referred to as digital capture). Learn how organizations are becoming paper-free using these technologies and pick up some tips for implementing at your organization.

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Tags: AI, Customer Experience, Procurement

Implementing Augmented Analytics: From Data to Actionable Insights
JAGGAER
June 17, 2021
This week we welcome Ben Lower, Senior Director, Product Management, Tableau to the conversation with Amen and a resident guest lecturer of Digital and Global Supply Chains at the University of Sussex to learn more about augmented analytics and how incorporating them into procurement benefits not only the department, but the organization. Find out how augmented analytics assist with decision making and hear some real-world accounts of successful use cases.

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Tags: AI, Customer Experience, Procurement

AI for Procurement: Implementation for Non-Developers
JAGGAER
June 10, 2021
The EdgeVerve team is back again as Nakul Arora, AVP & Principal – Product Strategy partners with Amen Reghimi, VP of Product Management, JAGGAER and a guest from Alkermes to discuss the practical steps for procurement leaders to take in order to utilize Artificial Intelligence (AI) for their organization as well as the typical expectations when adopting AI based solutions, and what traps to avoid.

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Tags: AI, Customer Experience, Procurement

RPA: Benefits, Implementation Lessons, and Pitfalls to Avoid
JAGGAER
June 03, 2021
Join Shrikant Deo, Associate Director and Lead, Product Management, EdgeVerve, Amenallah Reghimi, Vice President of Product Management, JAGGAER, and a special guest from Rutgers University to learn about RPA and it’s impact on the business world. Learn what value RPA can bring to your organization by automating repetitive processes and hear firsthand accounts of successful RPA implementations.

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Tags: AI, Customer Experience, Procurement

A Practical Guide to Autonomous Procurement
JAGGAER
May 27, 2021
JAGGAER, the Institute for Supply Management (ISM), and several trusted partners have joined forces to host an exciting educational webinar series for the month of June for the first annual Autonomous Procurement Month. Register today for this four-part series focusing on the future of Autonomous Procurement and the tangible steps your organization can take now to be set up for future success.

But, what IS Autonomous Procurement?

It is a platform with embedded intelligence, but a system that also continues to build on those capabilities to automate the full source-to-pay process without human interaction. However, this will happen only in instances where human input isn’t necessary or desired, such as repetitive or time-consuming tasks. It is built to augment, not replace, people.

It’s made up of numerous technologies, and this webinar series will touch on four of those technology themes:



Robotic Process Automation (RPA)
Artificial Intelligence (AI)
Augmented Analytics
Digital Capture/Intelligent Document Processing

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Tags: AI, Customer Experience, Procurement

AI 2021 - What to Expect From Artificial Intelligence in Procuremen
ISM WORLD
May 19, 2021
JAGGAER and EdgeVerve will explore how AI can help in optimizing business outcomes in procurement. Looking beyond AI as a buzzword, Amen Reghimi and Nakul Arora will discuss what is and what is not AI as well as the current status quo with this technology. This session will help attendees understand the benefits of an AI led approach to document processing and risk management in Contract Management Solutions and end with a discussion of the future of AI in procurement.

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Tags: AI, Customer Experience, Procurement

Robotic Process Automation: From Assisted to Intelligent Automation
ISM WORLD
May 19, 2021
JAGGAER and EdgeVerve will discuss the hype, reality, and future uses for Robotic Process Automation in an Autonomous Procurement environment. Amenallah Reghimi and Shrikant Deo will explore how RPA is being used in procurement today as well as how RPA is now being combined with AI to create Intelligent Automation. The session will also explain how future procurement officials will combine the productivity and consistency of intelligent automation with the creativity and empathy of human workers to create more value for their organizations.

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Tags: AI, Customer Experience, Procurement

Beyond OCR: Moving from Data Extraction to Intelligent Document Processing
ISM WORLD
May 18, 2021
JAGGAER and ABBYY experts will explore how Intelligent Document Processing is the present and future of Optical Character Recognition (OCR) technology. Amenallah Reghimi and Reggie Twigg will explain how OCR technology is being combined with intelligence technologies like RPA and AI to solve complex problems in procurement. This session will also provide OCR use cases for Invoicing and AP departments as well as a brief discussion about what procurement processes OCR might solve in future.

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Tags: AI, Customer Experience, Procurement

Augmented Analytics: Improving Decision Making in Procurement
ISM WORLD
May 18, 2021
Experts from JAGGAER and Tableau will explore the role augmented analytics will play as the procurement industry moves towards Autonomous Procurement. In this session, Amenallah Reghimi and Ben Lower will explain the difference between advanced analytics and augmented analytics. They will also discuss why procurement professionals will remain at the center of decision making even with advances in technology on the horizon. Finally, this session will cover current-day use cases and explain the benefits organizations are already reaping from regularly incorporating augmented analytics into their businesses.

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Tags: AI, Customer Experience, Procurement

Transform your Supplier Relationship and Outperform
ProcureCon
March 25, 2021
Transform your Supplier Relationship and Outperform

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Tags: AI, Customer Experience, Procurement

Digital Advantage: Transform your Supplier Relationship and Outperform
Eworld Procurement
February 04, 2021
Digital Advantage: Transform your Supplier Relationship and Outperform

Disruptive technology is no longer a buzzword but is here today. Transform the way you partner with suppliers; manage risk and unlock next level savings and improve operational efficiencies. Be inspired by specific use cases and tangible benefits in how you are able to unlock the power of your suppliers.

Benefits of attending:

In this session you will…

Build a blue print for digital transformation
Critically examine your supplier relationship
Start building a business case

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Tags: AI, Customer Experience, Procurement

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

Creating the Golden Triangle
Procurement Leaders
December 04, 2020
• how COVID impacted data analytics
• the importance of accurate data in the current market
• how augmented analytics plays a key role for organisations today
• what can we expect in 2021

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Tags: AI, Future of Work, Procurement


CNA Conseil National des Achats
November 26, 2020
Évènement en ligne du CNA Conseil National des Achats Ile de France, le jeudi 26/11 à 18h

️

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Tags: AI, Future of Work, Procurement

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, Customer Experience, Procurement

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, Customer Experience, 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

22 Media Interviews
JAGGAER: How to reduce contract lifecycle management risk
Procurement Mag
March 03, 2022
In this month's issue of Procurement Magazine, I speak with JAGGAER's Amenallah Reghimi to discuss how digital advancements are helping to improve contract lifecycle management, as well as the potential security risks to be aware of.

#Procurement #RiskManagemet #ContractLifecycleManagement #Technology

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Tags: AI, Open Innovation, Procurement

Jaggaer: New Year wishes for the procurement solutions and services marketplace 2022
Spendmatters
January 21, 2022
There is a real need for AI systems that we can trust. The business community is becoming more aware of the reality and risks associated with AI — issues with privacy, security and bias. My wish is that in 2022 teams in charge of these systems will devote around 70% of their time to ensuring AI is designed and operating in a responsible way. The remaining 30% can be spent building out the other details. This is how important ethical and responsible AI is becoming.

Regardless of the number of features an AI system has, if not properly managed and trusted, the risks of the system outweigh any potential benefit.

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Tags: AI, Procurement, Sustainability

Leading and exceeding your supplier relationships using AI
DPW Digital Procurement World
September 04, 2021

Go to the profile of DPW
DPW
Published Sep 04, 2021

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Tags: AI, Open Innovation, Procurement

JAGGAER: Driving transformation success with “Digital Mind”
Procurement Mag
April 23, 2021
JAGGAER’s “Digital Mind” increases procurement efficiencies while mitigating risks, informing decision making, and increasing service levels...

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Tags: AI, Customer Experience, Procurement

JAGGAER Unveils “Digital Mind” Strategy with the Introduction of New Adopt, Assist and Advise Solutions
Globenewswire
April 21, 2021
JAGGAER Unveils “Digital Mind” Strategy with the Introduction of New Adopt, Assist and Advise Solutions
Embedded intelligence, predictive analytics, and real-time user guidance improve strategic decision making, procurement efficiency, risk reduction and customer success

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Tags: AI, Customer Experience, Procurement

Future of Work Thought Leader & Influencer Leaderboard
Thinkers360
February 10, 2021

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Tags: AI, Customer Experience, Procurement

Thinkers360 Predictions Series – 2021 Predictions for Procurement
Thinkers360
November 03, 2020
Thinkers360 2021 Predictions are member-sourced from our opt-in B2B thought leader and influencer community with 25M+ followers on social media combined. The 2021 Predictions for Procurement are part of a series to provide actionable insights for business and technology executives.

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Tags: AI, Future of Work, Procurement

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, Open Innovation, 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

1 Membership
Course Beta Tester
Coursera
June 01, 2017
I am continuing my journey of creating global access to the best education in the world.
As a beta tester, I am tasked with evaluating a course before it's available to millions of Coursera learners.

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Tags: AI, Customer Experience, Procurement

6 Panels
Turning Turbulence Into Business Value By Harnessing Procurement Innovation
ELN - Executive Leadership Network
June 06, 2021
Discussion topics include;

How did your procurement function adapt/change in the wake of the supply chain impacts of Covid-19?
What roles do process optimisation, automation, analytics, and AI play in your organisation?
What are the greatest opportunities for procurement to add business value to your organisation?
What key challenges do your procurement teams encounter when performing their roles?

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Tags: AI, Customer Experience, Procurement

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, Customer Experience, 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: Customer Experience, Future of Work, Procurement

1 Presentation
JAGGAER and EdgeVerve Launch AI-Powered Contracts + Risk Analysis Solution
JAGGAER
January 14, 2021
Contracts + Risk Analysis solution with inbuilt AI and advanced automation engine leverages EdgeVerve’s Nia Contracts Analysis to analyze risks in the contract and create a risk score, helping contract managers and approvers make more informed decisions.

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Tags: AI, Customer Experience, Procurement

2 Quotes
The software demonstration, a living show
The software demonstration, a living show
March 22, 2021

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Tags: Customer Experience

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

1 Speaker Bureau Listing
DPW - Authentic and unplugged, industry leaders share like never before.
DPW Digital Procurement World
August 01, 2021
Authentic and unplugged, industry leaders share like never before.
DPW is known for its superior content, as we only put the most compelling voices of digital procurement on stage. You will be inspired and empowered by industry leaders in procurement, technology and academia.

From Big Data & Analytics, Robotics & AI to IoT, Blockchain, Talent and Supplier Innovation, you hear from subject matter experts and carefully selected partners on the latest trends, technologies, and best and worst practices.

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Tags: AI, Customer Experience, Procurement

9 Speaking Engagements
Atteindre vos objectifs RSE grâce à la Digitalisation des Achats : La technologie, un allié indispensable.
JAGGAER
November 18, 2021
Créer un avenir meilleur est la priorité et la responsabilité de tous, et les départements achats ont l'opportunité de prendre le lead en matière d’ESG.
De la réduction des émissions carbones, aux achats ciblés en passant par la diversité des fournisseurs, découvrez comment la technologie peut être un catalyseur et doit permettre à chaque département achat de créer sa propre stratégie ESG en fonction de ses objectifs et ambitions.

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Tags: AI, Procurement, Sustainability

Digitize, Integrate, Optimize: Maximizing the Power of Contract Management (On-Demand Webinar)
JAGGAER
October 01, 2021
In this hour long fire-side chat, you’ll learn:

How spend management can be transformational by leveraging contracts to define a better business process, increasing employee engagement, streamlining policies and optimizing technology
The benefits of contract management platforms integrating with other spend management systems
How real customers effectively plan and digitalize their contract management solutions to build a comprehensive procurement approach.

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Tags: AI, Open Innovation, Procurement

Speaker at ISM World
ISM WORLD
April 08, 2021
VP of Product Management at JAGGAER
VP of Product Management at JAGGAER, Amen constructs bridges between technology and business globally, successfully implementing 60+ international projects on four continents in four different languages. He builds effective products that solve market problems and provide massive value to his customers. His focus on Intelligent Solutions & Innovation has earned him accolades as a GLOBAL THOUGHT LEADER, INNOVATOR and INFLUENCER.

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Tags: AI, Customer Experience, Procurement

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

2 Steering Committee Memberships
JAGGAER Unveils “Digital Mind” Strategy with the Introduction of New Adopt, Assist and Advise Solutions
JAGGAER
April 13, 2021
Amenallah Reghimi, VP Product Management, who has led the development of JAGGAER Adopt, Assist and Advise.

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Tags: AI, Customer Experience, Procurement

Product Steering Committee Member at JAGGAER
JAGGAER
January 31, 2020
Product Steering Committee Member at JAGGAER

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Tags: AI, Future of Work, Procurement

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, Customer Experience, 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

10 Webinars
Digitize, Integrate, Optimize: Maximizing the Power of Contract Management
JAGGAER
September 14, 2021
In this 45-minute fire-side chat, you will learn:

How spend management can be transformational by leveraging contracts to define a better business process, increasing employee engagement, streamlining policies and optimizing technology
The benefits of contract management platforms integrating with other spend management systems
How real customers effectively plan and digitalize their contract management solutions to build a comprehensive procurement approach.

See publication

Tags: AI, Customer Experience, Procurement

Digital Advantage: Transform your Supplier Relationship and Outperform
JAGGAER
March 05, 2021
Unlock the power of your suppliers


Disruptive technology is no longer a buzzword but is here to stay. Transform the way you partner with suppliers to manage risk, unlock next level savings and improve operational efficiencies. Be inspired by specific use cases and tangible benefits in how you are able to unlock the power of your suppliers.



Watch this session back to:



Build a blueprint for digital transformation
Critically examine your supplier relationship
Start building a business

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Tags: AI, Customer Experience, Procurement

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, Open 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!

See publication

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

See publication

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

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

24 Whitepapers
Product led growth is the future of business
LinkedIn
October 20, 2022
Product led growth is the future of business.

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Tags: AI, Customer Experience, Future of Work

Category Management
Jaggaer
October 04, 2022
What the industry is saying about us integrating Beroe Inc LiVE.Ai with our JAGGAER ONE source-to-pay software suite...

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Tags: AI, Customer Experience, Procurement

A Practical Guide to Artificial Intelligence in Procurement
JAGGAER
August 16, 2021
Procurement is making increasing use of a broad range of technologies that
fall under the umbrella term “artificial intelligence” (AI). But the term is used rather loosely. How should we define it? Essentially, AI is “the capacity of a computer to perform operations analogous to learning and decision making in humans,” Artificial intelligence enables machines to learn from experience, adjust to new inputs, and perform the kind of tasks that conventional computer-based software cannot do.

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Tags: AI, Customer Experience, Procurement

A Practical Guide to OCR in Procurement
JAGGAER
August 15, 2021
Optical character recognition (OCR) is a technology that allows for quick and accurate scanning of paper, pdf,
pictures and a variety of other mediums to drastically speed up document processing times. This technology has the potential to save both time and money, with an average invoice taking upwards of 25 days to manually process, costing up to $30 in some cases. With most companies having thousands of invoices
(and other documents) to process per month, this can quickly get out of hand.

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Tags: AI, Customer Experience, Procurement

A Practical Guide to Augmented Analytics in Procurement
JAGGAER
August 15, 2021
Augmented analytics is often misunderstood. It isn’t a technology as such, but rather a process for using technologies. The term was coined by the analyst firm Gartner in 2017, which describes it as “the
use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation and insight explanation to augment how people explore and analyze data in analytics and BI platforms.”

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Tags: AI, Customer Experience, Procurement

A Practical Guide to RPA in Procurement
JAGGAER
August 10, 2021
Procurement is one of the most important application areas for robotic process automation (RPA). This is
hardly surprising because traditionally, procurement professionals have had to deal with a lot of repetitive and mundane but highly necessary, business-critical tasks, from identifying suitable suppliers right through to processing invoices for approval and payment.

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Tags: AI, Procurement, RPA

Come preparare le organizzazioni di Procurement all‘adozione di Intelligenza Artificiale (IA) in 8 passi
JAGGAER
July 21, 2021
Una guida per cogliere i vantaggi delle nuove tecnologie di IA
L’Intelligenza Artificiale (IA) applicata al procurement è ormai una realtà, aprendo grandi opportunità e vantaggi per le aziende che saranno pronte a coglierli. Così come i fornitori integrano sempre più intelligenza nelle proprie soluzioni, anche le organizzazioni di procurement devono iniziare a prepararsi se vogliono raccogliere a breve i benefici di questi progressi tecnologici.

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Tags: AI, Customer Experience, Procurement

Category Management—Using Technology to Inform Decisions
JAGGAER
March 17, 2021
In part 1 of this series, we explored why many procurement organizations are not taking full advantage of category management—even though it tops the list as the most important service procurement can deliver.

If procurement teams are to continuously improve, then category management must be leveraged to enhance market intelligence, supply chains, and competitive advantage.

Once procurement teams have a clear understanding of what category management is, their attention can turn to execution.

One of the primary roadblocks to mature category management is taking what’s on paper and implementing it.

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Tags: AI, Customer Experience, Procurement

JAGGAER and Edgeverve Combining the Power of AI for Procurement Contracts
JAGGAER
February 25, 2021
Read this free white paper to learn:

The gaps in current contract management
The current lifecycle of a contract
How to find the right AI Contract Management Provider for you
How to leverage AI in Procurement to:
Reduce Risk
Save Money
Eliminate repetitive tasks
Increase efficiency, scalability and agility

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Tags: AI, Customer Experience, Procurement

Autonomous Procurement: The Technologies That Are Driving Progress
JAGGAER
February 04, 2021
In our white paper, Autonomous Procurement: The Technologies that are Driving Progress , we provide a user’s perspective of the technologies behind autonomous procurement. We review the technologies that make up autonomous procurement and provide the consequences and opportunities of each technological advancement. This white paper uncovers important ways today’s groundbreaking technologies can boost performance within the organization – not just by reducing costs but adding true strategic value.

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Tags: AI, Customer Experience, Procurement

Category Management Elevates Procurement to the Enterprise Strategy Level
Buyers Meeting Point
January 13, 2021
Category management requires procurement to ‘rise above’ the level of understanding traditionally associated with strategic sourcing. This elevation achieves two critical things at the same time

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Tags: AI, Procurement, Predictive Analytics

AI for Procurement Contracts: Improving efficiency, saving costs and mitigating risks with intelligent contracts analysis
Edgeverve
January 09, 2021
Did you know that an average Fortune 1000 corporation is believed to have over 40,000 active contracts across various levels of complexity? The current contract management processes involve performing repetitive manual tasks, resulting in delays and errors, leading to compliance and opportunity costs.

How can organizations reduce the gaps in current procurement processes? How can businesses optimize procurement efficiency, enhance visibility, and improve regulatory compliance?

A robust AI-powered contract management solution is the answer. Procurement teams require an AI-based contract analytics solution that can complete all processes — ingestion, extraction, scoring, and digitization — in less than 60 seconds.

The EdgeVerve – Jaggaer partnership brings the best minds in procurement and technology to guide organizations in their AI-adoption journey. This whitepaper, produced in collaboration with EdgeVerve and Jaggaer, emphasizes how an AI-powered contract management solution (CMS) can help businesses make the most out of AI in the procurement function.

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Tags: AI, Customer Experience, Procurement

AI for Procurement Contracts: Improving efficiency, saving costs and mitigating risks with intelligent contracts analysis
EdgeVerve
January 08, 2021
Did you know that an average Fortune 1000 corporation is believed to have over 40,000 active contracts across various levels of complexity? The current contract management processes involve performing repetitive manual tasks, resulting in delays and errors, leading to compliance and opportunity costs.

How can organizations reduce the gaps in current procurement processes? How can businesses optimize procurement efficiency, enhance visibility, and improve regulatory compliance?

A robust AI-powered contract management solution is the answer. Procurement teams require an AI-based contract analytics solution that can complete all processes — ingestion, extraction, scoring, and digitization — in less than 60 seconds.

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Tags: AI, Customer Experience, Procurement

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

Cognitive Procurement : l’ultime frontière ?
JAGGAER
February 17, 2018
Il y a eu beaucoup de buzz autour des technologies disruptives dans le domaine des Achats, dont le « Cognitive Procurement ». Mais de quoi s’agit-il et comment peut-il être utilisé pour gagner en efficacité et créer des économies d’échelle dans les services Achats ? Cet article va explorer ces sujets ainsi que les implications de l’Intelligence Artificielle pour le futur.

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Tags: AI, Customer Experience, Procurement

1 Workshop
JAGGAER Brings Together World's Top Minds in Digital Transformation to Kick-off First Annual Autonomous Procurement Month
JAGGAER
June 01, 2021
Amenallah Reghimi from JAGGAER, the Institute for Supply Management (ISM), EdgeVerve, Tableau, ABBYY and more come together to discuss digital transformation and kick-off first annual Autonomous Procurement Month

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Tags: AI, Customer Experience, 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

15 Article/Blogs
4 Hard Benefits to PLG (Product Led Growth)
Thinkers360
November 12, 2022

PLG (Product Led Growth) naturally aligns itself with this buyer behavior shift. There’s more emphasis than ever on being transparent and being easy to work with.

PLG lets you lead with your product, showing potential buyers the value you can bring upfront.

But beyond that, there are hard benefits to PLG as well.

Product pulls you forward
A lot of times, especially in early-stage companies, it can seem like an uphill battle, constantly trying to push your product to your ICP.
In PLG, with the right product, sales, marketing, and customer success teams to support, your product will pull you forward. Your ICP will see the benefits of your solution without any unnecessary friction.

They’ll invite their team members, who want more access to features and integrations.

A lot of this can be done in a self-service model, again with an emphasis on ease-of-use - skipping the complicated IT and procurement processes that plague the sales-led, or enterprise, model.

Shorten the feedback loop
A constant struggle in marketing and sales: what channels are bringing in the most customers and what do these people care about?

Doing customer research can be a time-consuming task, but in PLG you can build in prompts to ask customers for demographic and firmographic data, in a directly attributable sign-up you can see where that demand was created, and you’ll get valuable usage data on what parts of your product your ICP cares the most about.

With PLG what could normally take a year or more could only take a few months. With more users trying your product early on, you can set up mechanisms to collect usage data, product feedback, and carefully refine your GTM strategies.

Land and expand
A phrase that nearly everyone in the B2B world has heard at least once. PLG is designed to get people in the door and expand over time. This is even more effective (and faster) because you’re often working directly with the end user not an executive, a common issue with the enterprise model.

Trying to get the attention of a C-Suite executive is harder, slower and more expensive than marketing to the end user of your product.

It’s a much easier proposition to get in the door with a highly effective but lower-cost option and then expand with higher value offerings once you’ve built trust with your customer.

Much Lower Customer Acquisition Cost (CAC)
Similar to the above bullet, it’s just easier to market, sell and work with the end user rather than an executive who is typically stretched for time.

That means faster sales cycles and lower customer acquisition cost (CAC) thanks to more word-of-mouth advertising and a modern buyer experience which becomes viral with the rise of communities and review sites.

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Tags: AI, Customer Experience, Future of Work

AI in Contract Management: Mitigating Potential Risk
Thinkers360
May 29, 2021

Whether you’re sourcing new suppliers, making purchases, or writing new contracts, managing risk is vital, especially in the current tumultuous markets. Artificial intelligence in contract creation can help minimize your potential exposure without sacrificing opportunity, simply by covering potential areas you may not have previously considered.

The biggest way that AI does this is by analyzing the language of your contracts and responding to it. This includes recommending new language or clauses based on the context of the rest of the document, as well as the history of similar contracts, performance against those contracts, and past supplier issues or delays by similar vendors in related categories. All of this information is analyzed and considered, and the system can make decisions about which clauses are necessary to protect your organization.

Importantly, an AI contracts tool that is part of a larger procure to pay suite can integrate deeply with Supplier Management to incorporate supplier history. That includes previous violations, late deliveries, failure to comply with discounts, or other complications. Integration is a clear best practice for contract management, not only because it reduces duplicate information but because it empowers AI systems with clear, reliable data.

This is where the value of better decision-making becomes a reality. The platform can digest more information about your suppliers and contracts than humans possibly could. It then provides your team with recommendations to minimize your risk more than you could on your own. This drives tangible bottom-line results, with an average of 3-18% risk reduction for those who adopt an AI-driven contract analysis tool.

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Tags: AI, Customer Experience, Procurement

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, Customer Experience, Innovation

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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