SUPPLY CHAIN STRATEGY
KEY STATISTICS Supply chain visibility has dropped by 26 % over the past couple of years, leaving less than a third( 30 %) of companies able to see beyond their Tier 1 suppliers, according to McKinsey
Developing real-time tracking and risk assessment JAGGAER is investing in AI-powered real-time risk management by integrating solutions leveraging machine learning to continuously assess supplier risk, monitor compliance and detect potential disruptions before they escalate.
AI-driven supplier, category and market recommendations also help companies proactively adjust sourcing strategies to mitigate risks.
Kristian continues:“ By incorporating sources from outside the organisation, such as from our supplier intelligence partners, it is possible to integrate information on geopolitical risk, supply depletion and potential inflationary pressures into decision-making, generating rapid alternatives for suppliers and transit routes if a quick pivot is required. Responsiveness translates into market advantage in volatile times and harnessing AI’ s predictive and generative capabilities can ensure decision makers are equipped with keener insight and foresight than competitors.”
Leveraging generative AI to transform procurement workflows JAGGAER is integrating Gen AI across three key pillars: insights, documentation and collaboration. AI is used to generate real-time procurement insights, automate document creation and summaries and enhance collaboration between stakeholders.
“ Gen AI can help improve interactions among procurement teams, internal
150 June 2025