“The benefit of making it into one big organization, where we pool the quantity is we’re much, much stronger together, in that we can start optimizing. Now we can work across Europe on finding ways to focus on the best suppliers. Because if you want to be a good European supplier, it requires a different set of skills to be a good Swedish, Danish or Polish supplier. From an organizational point of view, we need to make sure we get the benefits out of the size we have when we’re talking with suppliers. We have opportunities that we simply didn’t have before when we were operating as eight different units at the time. When we put all the business units together, we can see the value of what it makes for us, but also what we can offer the supplier market, and help them with a totally different agenda than we have seen before.“
“Thanks to the ability we now have to extract data from standard truckload events with advanced sourcing tools from JAGGAER, and the ease with which we can do so, we’re eager to utilize the tool more frequently and in new ways in the future, even outside of transportation events. It’s that much of a game-changer.”
“We build scenarios, and Sourcing Optimizer allows us to segment those scenarios into pieces that make sense. It allows us to focus on weak points in the network while repricing certain lanes from incumbents with whom we want to continue to do business.”
“But we know that this will change. Interest rates will return to normal levels so we must keep a tight grip on costs. However, that’s not our real focus, which is to co-create new value with suppliers, innovating and transforming the business so that we can serve customers with the new generation of banking."
“We’ve eliminated the inefficiencies of manual effort. Plus, procurement and buyers don’t have to go into the ERP system to look for information. Everything is here, on one platform. That’s the key benefit of JAGGAER."
“Within procurement automation is now really focusing on supplier qualification. We need to check through several things, such as financials. Some of this is automated through third-party data feeds, some of the data goes directly to engineering teams. In procurement we aggregate this into one central repository for analysis or setting automatic evaluation criteria for how people in the business procure goods and services, I really want to give them the best and easiest buying experience possible.”