Hailey Corr's blog

SIG Speaks Weekly Briefing - April 15 - Spring Global Executive Summit

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

The Global Executive Summit begins today!

We are in warm and sunny Amelia Island, Florida waiting for you to join us for the SIG Global Executive Summit taking place this Monday-Wednesday.

Can’t make it this spring? Join us in Carlsbad!

Registration is now open for the Fall Global Executive Summit in Carlsbad, CA from October 14th-16th. Secure your spot for this one of a kind event!

The SIGInnova Product Forum

The SIGInnova Product Forum is today at 3 pm. Buy-side attendees will interact with the latest sourcing technologies and see how they can drive strategic impact, improve profits and mitigate risk. Participants will be exposed to innovative and disruptive products that can help shape the future of Procurement.
 

2019 Summit Sessions

Sneak a peek at the sessions online. Our agenda is packed with content AND networking opportunities! Don't miss out!

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - April 8

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

2019 Procurement Outlook Report

The 2019 GEP Outlook for Procurement and Supply Chain Management is now available. This indispensable report reflects views of the industry’s best thought leaders and category experts — equipping you with procurement strategies and other essential tools to prepare you for a successful year ahead. Download your copy today!

The Strategic Sourcing Lifecycle

Regardless of the specific definition that is chosen, strategic sourcing is a process that is designed, and employed, to maximize the value of each purchase made by the company. It is an evolving process that matures and adapts as the needs of the organization change.

SIG University Open Enrollment

It's not too late to enroll in SIG University’s spring certification programs to learn the core concepts and best practices in strategic sourcing, supply management and risk management. 
 
Don't delay. Classes start on April 15th!
 

How Prepared is Your Company for a Recession?

Suplari invites finance and procurement leaders to take their Recession Survey. Share your thoughts and receive indispensable analysis and strategies to recession-proof your organization.

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - March 25

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

SAP Ariba Live Sustainability Summit

More and more companies are committed to continuously aligning sustainability with their business strategies. Join sustainability experts and practitioners, including SIG’s CEO Dawn Tiura, at SAP Ariba Live on April 1-3 in Austin, to discover new tools, technologies, and resources to strengthen sustainability programs.

New eBook on Supplier Risk

In today’s disruptive business environment, your suppliers’ risks are your risks. It’s time to develop a comprehensive risk management program that protects your brand, customers, and bottom line in a world where global supply chains are symbiotically intertwined and interdependent.

SIG University Open Enrollment

In today's aggressive job market, keeping up with the latest trends is crucial to your company's growth and success. Over 1,000 students from all over the world have completed SIG U's certification program. They are getting a leg up and so should you. Don't get left behind and enroll today.

Thought Leadership Webinar - Category Management in Only 30 Days!

This webinar will go deep into how to size the prize within your organization, what minefields to look out for, determining where gaps may exist from a category knowledge baseline and finally, how to conduct this entire analysis to set your organization up for category management success, within 30 days!

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - March 18

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

SIG Global Executive Summit

SIG Global Executive Summits are 3-day events that are packed with the latest best practices, cost-cutting strategies, innovative processes and risk-mitigation approaches. Through executive roundtables, keynote sessions, workshops, breakout sessions and networking events, you'll hear from industry thought leaders, discover the latest innovative trends and have the opportunity to network with like-minded professionals facing similar challenges.

2019 Procurement Outlook Report

The 2019 GEP Outlook for Procurement and Supply Chain Management is now available. This indispensable report reflects views of the industry’s best thought leaders and category experts — equipping you with procurement strategies and other essential tools to prepare you for a successful year ahead. Download your copy today!

SIG University Open Enrollment

Over 1,000 students from over 200 companies representing 17 countries have participated in our SIG U certification program. Don't get left behind as your colleagues further their professional growth and knowledge. Enroll today and get educated.

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - March 11

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

New eBook on Supplier Risk

Gain insight into developing a comprehensive risk management program that protects your brand, customers, and bottom line in a world where global supply chains are symbiotically intertwined and interdependent.

Managing Services Spend Within a Gig Economy

Register today for a webinar featuring SIG President and CEO, Dawn Tiura, Andrew Bartels of Forrester and Asif Bhanwadia of Coupa to hear how to better source, procure, and manage your contingent workforce within your increasing external services spend.

SIG University Open Enrollment

SIG University's online certification programs are developed by practitioners, subject-matter experts and academics to equip working professionals with best and emerging practices that provide the most well-rounded educational content available on the market. Last chance to save 15% on spring courses! Early enrollment discount expires on March 15th.

Survey of Procurement and Finance Leaders

Suplari invites leaders in finance and procurement roles across North America to take their Recession Survey. The goal is to better understand what strategies enterprise companies are implementing to maintain a strong platform for success. Results will be shared in our upcoming Recession-Proofing the Enterprise report.


SIG Speaks Weekly Briefing - March 4

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

SAP Ariba Live Sustainability Summit

Join sustainability experts and practitioners, including SIG’s CEO Dawn Tiura, at SAP Ariba Live on April 1-3 in Austin, to discover new tools, technologies, and resources to strengthen sustainability programs. .

This Month at SIG

This month our clocks spring forward and most of us 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 research partnership with Everest Group.

SIG University Open Enrollment

Join your classmates from over 200 companies representing 17 countries at SIG University! SIG U's online certification programs are developed by practitioners, subject-matter experts and academics to equip working professionals with best and emerging practices. Enroll by March 15 to save 15%! Classes start on April 15th.

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - February 25

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

Nominations are Open for the Future of Sourcing Awards

SIG invites you to submit a nomination for the second-annual Future of Sourcing Awards to celebrate organizations and individuals showing innovation, leadership and/or transformation in the sourcing industry. The 2019 Awards will take place on Wednesday, October 16, 2019, the capstone evening at the SIG Global Executive Summit.

2019 Procurement Outlook Report

The 2019 GEP Outlook for Procurement and Supply Chain Management is now available. This indispensable report reflects views of the industry’s best thought leaders and category experts — equipping you with procurement strategies and other essential tools to prepare you for a successful year ahead. Download your copy today!

SIG University Open Enrollment

Sourcing, procurement and risk professionals need flexible options to upskill their teams in a rapidly changing digital environment. SIG University’s online certification programs provide that flexibility. Enroll by March 15 to save 15%! Additional discounts are available for enrolling teams of 10 or more. Classes start on April 15th.

Hailey Corr, Content Manger

SIG Speaks Weekly Briefing - February 18

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

Procurement’s Vital Role in Building a Talent Forward MSP Program

As we look into the future of contingent workforce management, and the vision of what a Managed Services Provider (MSP) solution should deliver, we must acknowledge that many of today’s MSP programs are failing to deliver on their original promise. It is time for a change.

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 Open Enrollment

Today’s students become tomorrow’s leaders! Join best-in-class sourcing and procurement teams to proactively manage risk, utilize best-in-class methodologies and activate innovative ideas. Take advantage of a 15% discount if you enroll by March 15th. Classes start on April 15th.

Hailey Corr, Content Manger

8 Keys to Ensure Ethical Sourcing Standards

An image of gears with text overlay that has ethical statements.

In my last blog, I spoke about ethical sourcing and the many benefits it can have for your company. Seems like a no-brainer, right? When attempting to put in a plan to obliterate unethical practices in your supply chain, it starts to be risky business. The best way to mitigate risk is to set up a solid plan and be diligent about following through with it. 

In my research to find a clear plan to mitigate unethical practices, I found a slew of proposed methods. Unfortunately, I felt that many of them seemed too simple—basically, too easy and too good to be true. I finally came across a solid and thorough plan proposed by Declan Kearney, the founder of 360° Supplier View, who shares tips with companies to ensure ethical sourcing practices in their supply chain.

Do Your Research

Make sure you do your research on your suppliers…and their suppliers. With myriad complex regulations now put in place, go out and learn from case studies and the resources that will act as a survival guide as you attempt to research your vendors and suppliers.

Stay Away from the Fat Cat

Assess whether the higher-ups in your supplier organization are well known or politically aligned. These individuals are more susceptible to bribery or corruption.

Hailey Corr, Junior Editor and Marketing Associate, Outsource and SIG

The Business Case for Ethical Sourcing Practices

Ethical sourcing best practices.

In my time working in the sourcing sphere I have become passionate about ethical sourcing. Mexico, where I have lived for nearly eight years, is where many companies source cheap, nearshore labor and is a resource for bilingual, cost-saving talent. I have witnessed unethical sourcing practices in my time here and I am always looking to educate myself and others on the benefits of ethical sourcing. As companies chase better costs to remain viable, the possibility of building a supply chain with poor ethical practices increases. Ensuring ethical sourcing practices in your supply chain can be labor intensive but the benefits are immense.

According to the  Chartered Institute of Purchasing & Supply (CIPS), ethical sourcing is the process of ensuring the products being sourced are obtained in a responsible and sustainable way, that the workers involved in making them are safe and treated fairly and that environmental and social impacts are taken into consideration during the sourcing process. Ethical sourcing also means the procurement process respects international standards against criminal conduct and human rights abuses and responds to these issues immediately if identified. 

The good news is that  84 percent of businesses report having a supplier code of conduct  in place to ensure ethical sourcing practices.

Hailey Corr, Junior Editor and Marketing Associate, Outsource and SIG

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