EPISODE · Jul 24, 2024 · 49 MIN
199: How To Use Data Analytics and AI To Increase Profitability With Smarter Procurement, Featuring Cameron Jagoe of ProcureVue
from The Data Stack Show · host Rudderstack
Highlights from this week’s conversation include:Cameron's Background and Journey in Data (1:49)Running a Bakery (3:03)Applying Analytics to Bakery Operations (7:07)Reevaluating Business Operations (18:08)Optimizing for Profitability (19:09)Working at Newell Rubbermaid (20:11)Value Engineering Projects (22:11)Starting a Center of Excellence (24:53)Productizing the Approach (29:48)Tech Stack for Data Analysis (31:40)Data Cleaning and Classification (35:16)Market Build and Pricing Accuracy (37:13)The AI Tool as a Pointy Stick (38:20)Sourcing and Sales as Two Sides of the Coin (41:04)Challenges with Parsing Data (44:06)Personal Journey and Company Success (46:44)Final thoughts and takeaways (47:45)The Data Stack Show is a weekly podcast powered by RudderStack, the CDP for developers. Each week we’ll talk to data engineers, analysts, and data scientists about their experience around building and maintaining data infrastructure, delivering data and data products, and driving better outcomes across their businesses with data.RudderStack helps businesses make the most out of their customer data while ensuring data privacy and security. To learn more about RudderStack visit rudderstack.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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What this episode covers
This week on The Data Stack Show, Eric and John chat with Cameron Jagoe, Co-Founder and CEO of ProcureVue. Cameron discusses his journey from running a bakery, where he used data analytics to tackle profitability issues, to co-founding ProcureVue. He shares insights on optimizing business operations through strategic sourcing and data-driven decision-making. Cameron also highlights his work at Newell Rubbermaid, where he improved profitability through cost-cutting and value engineering. The conversation delves into the technical aspects of ProcureVue, emphasizing its role in driving cost savings and improving procurement processes for businesses, and so much more.
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199: How To Use Data Analytics and AI To Increase Profitability With Smarter Procurement, Featuring Cameron Jagoe of ProcureVue
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