🎙 Sign up for The Future of Machine Learning Livestream!
Sign up
🗞️ Signup for Our Newsletter
Sign Up

Episode 199:

How To Use Data Analytics and AI To Increase Profitability With Smarter Procurement, Featuring Cameron Jagoe of ProcureVue

July 24, 2024

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. 

Notes:

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.

About the Podcast

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.

To keep up to date with our future episodes, subscribe to our podcast on Apple, Spotify, Google, or the player of your choice.

Sign Up for The Data Stack Show Newsletter

Get a monthly newsletter from The Data Stack Show team with a TL;DR of the previous month’s shows, a sneak peak at upcoming episodes, and curated links from Eric, John, & show guests. Follow on our Substack below.

Sign Up

⚡ Powered by

© RudderStack Inc.