This Month at SIG – July 2021

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

As we close out the first half of 2021, we prepare for the future of procurement with a host of exciting industry research and webinars to make your role easier.


July CPO & Executive Virtual Series

SIG's CPO & Executive Virtual Series is an opportunity for the most senior procurement executives to gather with their peers in an interactive virtual environment to discuss their most pressing issues. On July 21, A panel of experts from Everest Group will explore maximizing savings and innovation from IT and BPO Service Providers, followed by topic-based discussions on contracting models and cost savings in 2021. 

Join us for this executive-level conversation with actionable takeaways.

 

Power Hour Webinars

Elevating The Role of Sourcing and Procurement

As a 40-year Procurement leader, Steve Kesinger knows a thing or two about the daily struggles of procurement departments. The former Nordstrom Chief Procurement Officer and LogicSource Procurement Council member has hands-on experience managing large, complex teams responsible for managing over $2B+ in annual spend, resulting in a unique perspective on what Procurement teams need to succeed.

In this session, Steve will be joined by LogicSource Managing Partner, Sam Vail, and Sourcing Industry Group President and CEO, Dawn Tiura, to share the insights he has harvested from his decades of experience both as a CPO and also in his current advisory role helping early-stage technology companies build business models that will resonate with Fortune 1000 procurement leaders.

 

Procurement in the Spotlight: A New Agenda for a New Era

CPOs have been recognized for their extraordinary efforts in managing the events of the last year. Now, they have a significant opportunity to make step-change improvements across a new procurement agenda that includes driving innovation, increasing agility, and delivering on board-level initiatives––such as Environmental, Social, and Governance issues.

Join Mickey North Rizza, Digital Commerce Program Vice President at IDC, and Nico Bac, Founder of Digital Procurement Now, on Thursday, July 22nd at 9 am PST | 12 pm EST as they outline how to break down silos to deliver on today’s new procurement agenda.

 

Featured Content from Industry Experts

Rethink and Rebuild Your Supply Chain

In the wake of the COVID-19 pandemic, companies are realizing the need to integrate sustainability and resilience throughout their organizations and supply chains. Developed through analysis of current trends and insight from leading companies, this guide provides five steps to help your company rethink and rebuild its supply chain.

 

Digital Disruption in Sourcing and Procurement

Procurement teams are often forced to rely on manual efforts or Business Process Outsourcing (BPO) to manage processes. Things like order-to-invoice matching can stave off value-leakage from bills that have incorrect rates, services not consumed, expenses out of policy and the list goes on. With intelligent automation, sourcing and procurement teams can take back these functions while reducing the amount of time their teams spend on these processes.

This whitepaper, authored by industry veterans Lawrence Kane and Canda Rozier, provides easy-to-understand examples and use cases that show you how automation can raise the bar for the enterprise without being a data scientist or intelligent automation expert to realize the benefits.

 

Using Data Analytics to Manage GNFR Expenses and Improve Profitability

Uncovering potential savings in GNFR (goods not for resale) expense has become increasingly important, as many US retail and CPG companies have encountered constrained profit margins as a result of the Covid-19 pandemic. In this report, we explore the profit improvement potential offered by GNFR, leveraging proprietary survey findings. We also discuss how services and technology solution providers can help businesses reduce GNFR expenses through improved access to data analytics and automation.

 

The 2021 Business Spend Management Benchmark Report

Check out the 2021 Coupa Benchmark Report to explore 16 powerful benchmarks across 6 critical areas to analyze your company's performance in:

  • Improving Operational Performance
  • Optimizing Spend and Cash
  • Reducing Risk
 

GEP Spend Category Outlook 2021

The GEP Worldwide Spend Category Outlook 2021 report It’s a must-read report for all sourcing and procurement professionals, category managers, and supplychain leaders.

Check out the report for the global megatrends that will drive spend management and supply chain strategies this year and beyond.

 

Smart Solutions for Agile Procurement

Modern AI-powered agreement tools help procurement teams evaluate a broad base of contracts to identify risks, pinpoint opportunities for cost savings and provide rapid responses to sudden changes to the company’s ecosystem.

This whitepaper provides an overview of procurement challenges and presents an opportunity for today’s most ambitious teams to get ahead with smarter tools.

 
 

Sourcing Industry Landscape Podcast

Procurement’s Growing Role in Innovation and Recovery with Kent Mahoney, EVP, Proxima North America

On this episode of the Sourcing Industry Landscape, Dawn speaks with Kent Mahoney, Executive Vice President of Proxima North America, about how critical it is for procurement executives to maintain a seat at the C-suite table in order to create cost-savings, control expenditures and ultimately drive innovation and recovery. 


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Desmond Williams, Digital Marketing Manager

Desmond Williams is the digital marketing Manager for SIG. He holds a Bachelor of Science degree in Entrepreneurship and a minor in Sociology from The Florida State University in Tallahassee, Florida. With a background in Marketing and Sales, relationships are at the core of his values.