JAGGAER Optimizes Complex Sourcing for Global Manufacturer ITW to Achieve Millions of Savings Annually

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JAGGAER helped Illinois Tool Works (ITW) optimize complex sourcing processes through its advanced sourcing solutions, enabling around 5% savings for large direct material events and up to 45% savings for indirect materials. The platform allowed ITW to consolidate buying power across multiple locations, ensure supplier compliance with responsible sourcing policies, handle complex bids efficiently, and significantly reduce bid cycle times, resulting in millions of dollars in annual savings while enhancing procurement agility and supplier collaboration.

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JAGGAER Optimizes Complex Sourcing for Global Manufacturer ITW to Achieve Millions of Savings Annually

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