RESEARCH TRIANGLE PARK, N.C., Aug. 09, 2018 (GLOBE NEWSWIRE) -- JAGGAER the world’s largest independent spend management company today announces that QSCC, the independent purchasing cooperative for Wendy’s restaurants in North America, with nearly $4 billion in buying power, has successfully utilized JAGGAER’s Advanced Sourcing Optimizer (ASO), to solve a vexing industry problem, with the solution’s Configurable Bid Sheets (CBS) feature.

Procurement departments, like QSCC, within commercial industries such as manufacturing and consumers packaged goods, among others, are seeking ways in which to simplify the bid input structure for suppliers, especially when sourcing events contain a large number of items or interrelated items with complex cost associations. CBS leverages the implicit flexibility in existing technologies, like Excel, enabling suppliers to input their rates in a customized framework designed by the Buyer, that can mirror industry standard formats.

“JAGGAER helps QSCC accelerate bid flow, opening up more opportunities and creating additional value drivers in categories including paper and packaging. JAGGAER’s solution represents an understanding of our industry and a step forward in solving a fundamental problem,” says Lori Hale, Sr. Analyst, at QSCC.

CBS was developed for any category where:

1. A customized bid entry framework is desired. 2. A common price is associated to many items meeting a particular parameter. 3. A sub-total or intermediary calculation is required before determining final price of an item. 4. Where multiple price entries are merged or calculated from one item to another.

“JAGGAER’s sourcing solutions are the highest rated available in multiple industries, and have maintained a competitive position specifically because we input feedback from our customers and are attuned to market needs. We thank QSCC for their trust in our solutions and their input into our development,” says Rob Bonavito, CEO, JAGGAER.

About JAGGAER: Global Source to Pay Spend Management Solutions

JAGGAER is the world’s largest independent spend management company, with nearly 2000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking, and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com

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