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RESEARCH TRIANGLE PARK, N.C., July 25, 2017 -- JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) solutions suite, today announced that a leading North American retail giant is using Advanced Sourcing Optimizer (ASO) to simplify sourcing across major spending categories. ASO plays an essential role in their efforts to analyze and make sourcing decisions across a diverse set of suppliers, products, prices, and requirements.
With the integration of JAGGAER’s solution, this organization has developed a consolidated and complete view of sourcing. The retail leader has been able to automate significant portions of the process and generate deeper insights. It’s helped identify many new opportunities to save costs and source more effectively, using both price and non-pricing factors.
JAGGAER’s new customer is one of North America's largest specialty arts and crafts stores, offering customers the most complete experience and broadest assortment of stock-keeping units (SKUs) in the industry. It owns and operates nearly 1,400 stores across the United States and Canada.
“Sourcing is complex, costly, time-intensive and critical to the success of any retailer,” said Robert Bonavito, CEO of JAGGAER. “Any business that makes thousands of sourcing decisions across hundreds of stores, such as this one, requires robust sourcing technology. Advanced Sourcing Optimizer provides the maximum choice of the right suppliers, creating options that builds value into these relationships.”
ASO makes sourcing professionals more productive and efficient when managing complex, large scale sourcing events. Its powerful bidding, scenario building and item consolidation features make it the most advanced sourcing management solution in the world.
About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER offers the only comprehensive and complete spend solution suites enabling commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world's largest higher education, manufacturing, pharmaceutical, life sciences, automotive, engineering, construction equipment, serial production and medical technology companies. Our indirect and direct spend solutions suites collectively form a global network processing billions of dollars in annual spend between 900+ customers and 2.5 million suppliers. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from spend analysis to sourcing, through contract and supplier relationship management. Additionally, JAGGAER holds 38 patents, more than any other spend management company, and acquired POOL4TOOL in 2017. Learn how our solutions can power your organization.
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