JAGGAER offers innovative solutions to offset falling margins due to inflation

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JAGGAER is a leader in digitalizing procurement operations thanks to its innovative concept of Autonomous Commerce, in which buyers, suppliers and internal and external partners interact on a single platform, JAGGAER One.

In response to the current context of rising inflation and raw material costs, JAGGAER is strengthening its Autonomous Commerce platform through tools and solutions tailored to the needs of all types of companies and industries.

To improve its margin, a company has two solutions: increase sales or optimize purchasing to achieve savings. For more than 20 years, JAGGAER has revolutionized the Autonomous Commerce market with innovative solutions aimed at helping companies collaborate more effectively, improving relationships between buyers, suppliers and internal or external partners.

JAGGAER has AI-powered software that enables companies to optimize their margins belarus whatsapp data through automated, pooled purchasing. This innovative solution is of course aimed at large companies looking to further digitize their purchasing processes on a single platform. However, the proposed solutions are also suitable for small and medium-sized companies that are using this type of tool for the first time.

The strategic role of purchasing
Historically, purchasing was considered only a cost center. Today, its role has become particularly strategic, as it is at the heart of the relationship with suppliers that every company must strengthen and manage. Let us not forget that, normally, the purchasing department manages the highest percentage of the company's turnover. To help companies face current challenges, such as rising raw material costs, inflation or supply chain risks, JAGGAER offers its clients tools to offset falling margins, secure their purchases and simplify the process.

JAGGAER’s proposed digitalization autonomously performs a large number of tasks between buyers, suppliers and partners, freeing buyers from routine tasks to focus on more strategic and value-added activities, such as investing in supplier relationships. JAGGAER is involved in managing supplier relationships, from their inclusion in the platform to timely contract renewals and performance management, as well as early risk identification.

For example, one JAGGAER customer modified a component on one of their machines. After seeking innovative suppliers and collaborating with technical and quality teams, the new component showed an overall cost reduction of over 40% and a 90% reduction in carbon footprint by choosing lighter, locally available materials.

Carlos Tur, JAGGAER Country Manager for Spain and Portugal, says: “The optimization of purchases through the electronic platform is not only an important tool for reducing costs and monitoring suppliers, but is also aligned with the goal of sustainability and significantly reducing the company’s environmental impact.”