Jaggaer Acquires Ivoflow to Bring AI-Powered Price Intelligence to Procurement
· Source: emeoutlookmag.com
In short
Jaggaer has completed its acquisition of German spend and price intelligence specialist Ivoflow, adding AI-powered direct materials spend and price intelligence to its end-to-end procurement platform. The deal, which closed on 11 September 2026, aims to give manufacturers greater visibility into manufacturing costs and stronger evidence in supplier negotiations. Ivoflow brings 17 enterprise manufacturing customers and €77.6 million in tracked savings under management, with Jaggaer planning further investment in AI-powered scenario modelling and proactive procurement guidance.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 38, 2026: AI Moves Closer to Supply Chain Decisions, but Data and Returns Still Lag
Tags: procurement, price intelligence, spend analytics, supplier negotiation, manufacturing, acquisition