Stacy Mendoza's blog

This Month at SIG - March 2019

This Month at SIG

This month our clocks spring forward and we gain an extra hour of daylight. To make the most of that extra hour, consider attending a networking event, thought leadership webinar or exploring SIG’s new partnership with Everest Group that brings delegates proprietary research, insights and analysis. Ready to get started?

Midwestern Regional SIGnature Event

March 6
Minneapolis Central Library

The Midwestern Regional SIGnature Event takes place at the beautiful Minneapolis Central Library on March 6. The event includes a great lineup of speakers from BB&T, Best Buy, Everest Group, Ontala and Virtual Operations who will present on topics that include third-party risk management, artificial intelligence in procurement, sourcing transformation strategies and how to buy digital platforms for your enterprise.

The event will begin with an executive roundtable for director-level and above delegates, while their teams take part in a training workshop on the fundamentals and frameworks of third-party risk management with risk expert Linda Tuck Chapman, who created the Certified Third Party Risk Management Program for SIG University.

To learn more about the day’s events, speakers, who should attend and to register you and your team, visit our website.

Stacy Mendoza, Digital Marketing Manager

Submit your Nomination for a Future of Sourcing Award

A business man accepts a corporate award with his colleagues.

We are pleased to announce that nominations are now being accepted for the second-annual Future of Sourcing Awards, which will take place on October 16 at the Fall Global Executive Summit in Carlsbad, California.

The Future of Sourcing Awards program celebrates individuals and companies that are transforming, innovating and leading the sourcing and outsourcing industry. The Awards recognize team accomplishments in the following critical categories:

  • Sourcing
  • Outsourcing
  • Third Party Management
  • Supplier Performance
  • Digitization
  • Governance/Compliance
  • Talent Management
  • Sustainability

The winner of each award will represent the best example of innovation in each category, showing the greatest achievement in terms of fundamentally changing the nature of their business. In addition, the event will include two individual awards—the Rising Star and Sourcing Star awards to recognize individuals who have demonstrated ingenuity, initiative and innovation in their careers.

>>Learn more about the Future of Sourcing Awards categories

Stacy Mendoza, Digital Marketing Manager

SIG Speaks Weekly Briefing - February 11

Pencils on a black background.

Here's your weekly briefing of the latest thought leadership, networking events and training with SIG. 

New Speakers Announced for the Midwestern Regional SIGnature Event

The Midwestern Regional SIGnature Event will take place on March 6 at the beautiful Minneapolis Central Library downtown. The impressive line-up of speakers includes Nancy Brooks, Vice President of Procurement Commercial Office with Best Buy; Rohan Ranadive, SVP, Head Intelligent Automation at BB&T; Linda Tuck Chapman of Ontala; Shirley Hung, a Vice President with Everest Group; Clare Horn, Process Excellence Lead of Virtual Operations; and Dawn Tiura the President and CEO of SIG. Join us for a full-day of thought leadership and networking. This is a free event for buy-side participants and their team! Visit our website to see the agenda and register. 

Free Industry Research

When critical supply chain partners are financially weak, they become more likely to be the source of unpleasant surprises. Such supplier problems can damage a company’s brand reputation and sales. To avoid surprises, companies can leverage risk management strategies and predictive analytics to gain visibility into latent supply chain risks. 

SIG University Open Enrollment

SIG University continues to certify the most well-rounded procurement professionals in sourcing, supply management and third-party risk management. Take advantage of a 15 percent discount when you enroll by March 15. Classes begin on April 15.

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks to Shirley Hung, Vice President, Everest Group

Binary numbers

Shirley is a Vice President on the Business Process Services team with Everest Group. In this role, she advises senior stakeholders of global services including enterprises, service providers and investors in their strategic mandates and initiatives. She shares her take on the digital transformation – what companies need to do to stay relevant and the trends she’s seeing in the market and the industry.  Shirley will share her expertise on this topic at the Midwestern Regional SIGnature Event in March and the Eastern Regional SIGnature Event in September.

Your presentation at the Midwestern Regional SIGnature Event is about buying digital services for your enterprise--why is this such an important topic?

Digital transformation is impacting entire business value chains. Companies that do not have a plan to migrate from traditional models to focus on digitally led solutions will become irrelevant and obsolete. How organizations approach the building of their digital capabilities can result in real market differentiation, and a large part of that strategy depends on how they partner with global service providers and vendors.

The swift evolution of the digital landscape means procurement and sourcing teams must understand the implications of buying digital services so they can support their business and functional customers in obtaining the best outcomes from their digital strategies.

Stacy Mendoza, Digital Marketing Specialist

This Month at SIG – February

Colorful paper balls in a row that resemble light bulbs.

January saw record low temperatures all over the country and February shows no signs of easing up! Make the most of your time inside by getting caught up on the latest industry research from the experts at GEP, Coupa, Forrester and RapidRatings. Or if you’re itching to get outside the office, consider attending the Executive Immersion Program in New York City on February 7.

Executive Immersion Program with Morgan Lewis

Morgan Lewis Offices, New York City
February 7

The powerhouse team from Morgan Lewis Law will be holding a masterclass on contract drafting, complex negotiations and artificial intelligence in sourcing. Morgan Lewis Partner Edward Hansen draws from his years of experience to discuss the principles of contracting and how to negotiate a transformational deal. You can expect controversial topics and lively discussions.

This interactive masterclass will include direct examples from experienced and innovative industry leaders who focus on information technology-enabled transformation as well as customer and vendor outsourcing deal management. This workshop is specifically designed for business leaders, practitioner sourcing professionals, and in-house counsel who work together to create value for their organizations.

New Industry Research

Addressing the Services Spend Management Challenge

Coupa Software commissioned Forrester Consulting to evaluate the state of services and contingent workforce management, addressing the unique set of challenges firms face, the kinds of software tools needed to support services spending, and the internal adoption and usage of these tools.

 

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks Weekly Briefing - January 28

Paper airplanes on a blue background.

This week closes out the first month of 2019 and we hope you are on track to meet your weekly, monthly and quarterly goals. This week, take a dive into industry research on contingent workforce management, explore SIG University's spring courses and get the details on a new masterclass at the February New York Executive Immersion Program.

Free Industry Research

Coupa Software commissioned Forrester Consulting to evaluate the state of services and contingent workforce management, addressing the unique set of challenges firms face, the kinds of software tools needed to support services spending, and the internal adoption and usage of these tools. 

SIG University Spring Enrollment is Open

Although we're in the midst of winter, spring is around the corner! Spring is the time for things to renew and refresh. Why should your professional development be any different? SIG University's spring sessions start on April 15th.

Students and teams who enroll by March 15th will receive a 15% early enrollment discount! Don't leave savings on the table, get started today!

New York City Executive Immersion Program

When: February 7, 2019 at 8:30am - 4:30pm

Where: Morgan Lewis Offices in New York, New York

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks Weekly Briefing - January 21

Colorful arrows on a blue background.

Here's your weekly briefing of thought leadership, networking events and training. We hope to see you at one of our new Regional SIGnature Events taking place across North America this year. Can't make it to an in-person event? Join us online for a webinar covering the latest trends, topics and solutions. 

A Turn of Events in 2019

The new Regional SIGnature Events are designed as exciting, one-day “mini-Summits” to help you connect to one another on a deeper level, learn from each other and grow your professional network beyond your city limits. These events are always free for buy-side members and are built around team engagement. Director-level and above attendees will participate in an Executive Roundtable while your team spends the morning in a deep-dive learning exercise with an expert on a top-of-mind issue. Visit our website to learn more about what to expect, see who's speaking and when we'll be in a region near you!

 

Supplier Financial Health Analytics

When critical supply chain partners are financially weak, they become more likely to be the source of unpleasant surprises. Such supplier problems can damage a company’s brand reputation and sales. To avoid surprises, companies can leverage risk management strategies and predictive analytics to gain visibility into latent supply chain risks. 

 

Thought Leadership Webinar

Hey Nineteen: Procurement's Playbook for 2019

When: January 29, 2019, at 1:00pm ET

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks to Edward J. Hansen, Partner, Morgan Lewis

Edward Hansen's headshot against a backdrop of New York City

Edward J. Hansen brings more than 20 years of experience representing clients in technology transactions that involve significant business change. If you’ve attended a SIG Summit, then you are likely familiar with Ed and his work. In addition to being an active speaker at industry conferences, he has authored and presents the “terms and conditions” module of the SIG University certification program, regularly conducts contracting master classes (including for SIG’s Executive Immersion Program), serves on the advisory board of the Shared Services and Outsourcing Network, and is a regular guest lecturer at New York University’s Executive Master of Business Administration program.

You have a lot of experience representing clients in technology transactions. What are some examples of how technology has changed or impacted the way you approach your job?

The technology in place at any given time actually has little impact on how I approach my job. What does impact my job is the fact that the technology landscape when the deal is two years old may not be the same as it was when we went out to RFx.

I started working in the technology space in 1993 and spent almost a decade working with companies who were undertaking reengineering efforts. What I learned, mostly through trial and error, is that the process you go through in procuring and contracting for transformational technology is at least as important as the contract that emerges. Because of the velocity of change, the relationship you form during the process is often what carries the deal, and the contract has to reflect that.

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks Weekly Briefing - January 14

An image of light bulbs hanging on a blue background.

It's a new week with new priorities! Have you mapped out what you want to accomplish this week? To help you achieve your goals and get to Friday, here's a run-down of what's happening in sourcing and procurement.

SIG University

One week to go! Next Monday, we have a fantastic group of students preparing to start their journey to certification in sourcing, supply management and third party risk. Enterprises such as Fidelity Investments, Florida Blue, Honda North America, Moody's, USAA and more are participating. You still have time to join them, but don't delay!

Contact us for more information or download the course catalog to learn more about each program's curriculum.

Supplier Diversity Survey

Is supplier diversity a priority in your organization? Are you interested in learning how your program compares with peers? Hackett Group invites you to participate in the 2018 Supplier Diversity study and gain key insights into how organizations are managing their supplier diversity programs.

Stacy Mendoza, Digital Marketing Specialist

SIG Speaks Weekly Briefing - January 7

An image of a newspaper, coffee and laptop on a desk.

It's the first full week after the holidays and you've undoubtedly got a full inbox and busy schedule. Here's a run-down of the resources, events and deadlines that help SIG delegates do their jobs better. 

New York City Executive Immersion Program

When: February 7, 8:30 a.m. - 4:30 p.m.

Where: Morgan Lewis Offices, New York, New York

Our Executive Immersion Program agenda topics include contract drafting, negotiation techniques and automation in sourcing. This program is highly interactive and your team will come away with immediately implementable takeaways. Register in advance to attend.

Topics include:

  • Buying Technology in a Time of Disruption -- Ed Hansen, Partner, Morgan Lewis

    In this workshop, paradigms will be discussed that leverage the “business value–deal process–negotiation–contract” connection; encourage sourcing, technology, and business alignment; and improve deal ROI, while minimizing and managing the risks that matter most. This program will be presented against the backdrop of complex ITO and BPO, digitization, automation, and the move to new delivery models, such as DevOps and hybrid cloud. 

Stacy Mendoza, Digital Marketing Specialist

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