SUPPLY CHAIN STRATEGY
including the COVID-19 pandemic and the Red Sea have revealed the need to have a clear, real-time understanding of the entire supply chain from start to finish, including supplier performance, inventory levels, alternative supply sources and shipment options, as well as vulnerabilities throughout the entire supply network.
In addition to this, ESG compliance and other regulations concerning raw materials such as CBAM or the Uyghur Forced Labor Prevention Act have increased the volume and type of information that businesses need to collect, keep updated and store. To respond to this increasing volume and depth of information, Kristian outlines how JAGGAER has shifted to address these issues:“ We’ ve significantly enhanced supply chain visibility by integrating AI-driven risk management, supplier discovery, along with market and category intelligence solutions, enabling companies to monitor supply chain risks by continuously analysing supplier performance, compliance and potential disruptions to which they may be exposed,” he explains.
“ Introducing automation to these processes via AI frees up staff from lengthy data entry and improves accuracy and timeliness of information, which in turn is key to enable effective real-time decision making. By leveraging AI for supplier selection, contract automation and risk monitoring, JAGGAER helps companies avoid costly disruptions and improve efficiency in procurement.”
146 June 2025