This Month at SIG – June 2022

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

The second half of 2022 is here but constant supply chain problems are diverting procurement’s attention from other business-critical areas. We have a host of resources, insights and events to get you prepared!

June 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 June 8, Keith Learn, Vice President of Procurement & Supplier Development at Mary Kay Inc., will deliver a thought leadership presentation that will leave you with many new tools and strategies! Nick Heinzmann, Vice President of Research at Spend Matters will also be presenting his latest learnings. Nick will discuss ESG, regulatory forces, and inflation.

Join us for this collaborative and very personal conversation!


Power Hour Webinars

ESG Regulation and its Impact on Sourcing

Join John Bree, Chief Evangelist & Chief Risk Officer from Supply Wisdom on June 9th to explore the impact of ESG on supply chains and operations.


Understanding Indirect Tax in Procurement: The Critical Elements

There is a critical connection between procurement and tax, and not understanding the connection may undermine your organization’s ability to remain compliant. Leaders within the procurement space need to be able to shape how tax is handled within procure-to-pay (P2P) processes and strengthen their own capability to manage tax compliance and value-generating activities.

Join Vertex on June 14th to gain a better understanding of indirect tax in procurement, how your business can adapt to increasingly complex tax requirements, and make better taxability decisions.  


Drive Efficiency & Manage Risk with Centralized Vendor Onboarding & Source-To-Pay Collaboration

Join Sunil Masand and John Distasio from Aavenir for an insightful session as they dig into why automating supplier onboarding and adopting vendor management portals is a win-win for you and your suppliers. In this webinar, you will learn how you can drive efficiency, boost vendor performance, and manage vendor risk with centralized vendor onboarding and collaboration across Source-To-Pay processes.


Where’s The Beef! Shrinkflation’s Impact on Procurement’s Value Proposition

Joining Procurement Insights' Jon Hansen will be a panel of industry thought leaders who will delve into the significant impact that shrinkflation has on procurement's perceived value proposition and what we need to do to address it.


Featured Content from Industry Experts

Refocusing Your Procurement Practice to Maximize Resilience and Agility

In conjunction with Coupa, the Sourcing Industry Group (SIG) conducted a seminal survey to gain much-needed insight into the unprecedented changes reshaping modern procurement practices. Through the responses from industry peers, this research study will provide a better understanding of the depths of the challenges you now face and the opportunities to successfully navigate said challenges through an assess, measure, and implement framework.


GEP Outlook 2022

GEP's Outlook 2022 report explores global business trends and features seven critical leadership themes that will help you proactively prepare for and power through the challenges ahead.


GEP Spend Category Outlook Report 2022

What can enterprises do to mitigate risks, ensure supply continuity and keep costs under check? 

The GEP Spend Category Outlook 2022 examines the megatrends that will shape sourcing and supply chain strategies this year. This report provides deep insights across a wide range of direct and indirect spend categories, enabling procurement and supply chain professionals to plan ahead and determine their sourcing and purchasing strategy..


Bridging the Gap between Procurement & Finance

The shift to remote or hybrid work brought on by the pandemic has made it very clear that strong internal collaboration is essential to every business. For procurement teams, the pandemic has heightened the urgency to partner with finance, and in particular, the accounts payable (AP) team.

Supply management systems, which automate the full Source-to-Settle process, sit at the intersection of most procurement and AP processes and provide a great platform to bridge the gap between the two teams and unify their processes, priorities, and efforts.

View this insightful report from Ardent Partners as it examines why a robust procurement and finance/AP partnership that manages a holistic, integrated, and automated Source-to-Settle process is clearly more than a nice-to-have – it is critically important to the health of your entire enterprise.


Sourcing Industry Landscape Podcast

The Magical CPO

On this episode of the Sourcing Industry Landscape Podcast, Dawn sits down with Tarek Alaruri, COO and Co-Founder of Fairmarkit, and Greg Tennyson, SVP of Strategy & Procurement at Fairmarkit – or shall we say Shaq and Dwyane Wade -  to discuss exactly what it means to embody the Magical CPO persona in today’s procurement space.

Read more about the Magical CPO in Greg’s latest blog post >> Read Blog.

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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.