This Month at SIG – May 2022

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

As the first half of 2022 comes to a close, procurement faces the reality of inflation and what that means for their supply chains. We have a host of resources, insights and events to get you prepared.


May 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 May 4 Brian Roche, CPO from Westfield Insurance, will deliver an exciting keynote session on the potential for AI in procurement at the May CPO & Executive Virtual Series. He will be followed by Karen Coker, Director of Third Party Risk & Vendor Management at LendingPoint for A Day in the Life presentation.

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

 

May Microlearning by SIG University

On May 18, Canda Rozier CIAP, Sourcing Executive & former CPO, will share her digitization journey as a CPO. That session will be followed by Daryl Hammett, Global Head of Demand and Operations at Amazon Web Services (AWS), who will lead an exciting deep-dive discussion on the importance of professional development in sourcing. 

Join your sourcing, procurement, and risk management colleagues in this two-hour interactive virtual environment to be challenged with topics related to our industries!

Eastern Regional SIGnature Event

SIG's Eastern Regional SIGnature event is almost here! The event will take place in New York, NY and includes a fantastic agenda with some of the best thought leaders in the industry. The day will include an Executive Roundtable, General Session Speakers (offering training and practical, implementable tools), CPO Presentations, Analyst Overviews, SIG Talks and close with a networking happy hour.

Join us for this great day of networking and learning!

 

Power Hour Webinars

Third-Party Risk Deep Dive: Calculating Inherent Risk

Join Ed Thomas, Senior Vice President of Marketing and Sales Operations at ProcessUnity, as he discusses how to develop inherent risk calculations and tier your third parties by criticality.

 

Learning Lab: The Value of Managing Risk

In a changing world, it is necessary to continually reevaluate compliance to ensure your organization is setting itself up for success. In this installment of the Learning Lab series, Scientist.com will focus on how the organization benefits from properly managing risk and prioritizing security.

 

Gaining Competitive Advantage via a Holistic Approach to Supplier Management

A new study by Forrester commissioned by Ivalua reveals that leading organizations are taking a holistic approach to their suppliers, better monitoring and more closely engaging them. As a result, they are delivering greater supply chain resilience, improved sustainability and a range of other advantages over their competitors.

In this webinar, Duncan Jones, Vice President from Forrester will join Alex Saric, Chief Marketing Officer at Ivalua, who will reveal the results of the study!

 

Featured Content from Industry Experts

The Future of Procurement, Today: How leaders can seize the moment by digitizing procurement

SIG and Globality, the world’s only AI-powered Marketplace and Platform for B2B services, partnered to produce a study looking into why B2B services remain one of the greatest untapped opportunities to drive business value. The study results were presented to procurement leaders from leading global companies interested in learning how they can use digital transformation to gain a competitive advantage at a recent CPO & Executive Virtual Roundtable.

Download the full report for key findings from the survey and a summary of the benefits of digitization and how to overcome the main challenges procurement executives are facing during their digital transformation journeys.

 

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

 

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.

 

Seven Steps to Success in Sourcing: Using Agile CLM to Gain an Edge

Gone are the days of cumbersome siloed data slowing down the source-to-contract process and exposing risks. Or at least, they should be. In the constantly shifting business landscape, contract lifecycle management (CLM) solutions enable new agility in the sourcing process, especially if they are flexible enough to bring sourcing professionals directly into the contract management process. 

This white paper from Agiloft discusses how to empower procurement teams to gain better access to contract data, streamline the source-to-contract process, and gain a critical edge with agile CLM that adapts to a rapidly changing world.

 

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.

 

How will Sourcing for Outsourcing and Shared Services Change Going Forward?

SIG and DATAMARK, Inc collaborated on a short survey to look at the evolving trends and market perspectives for outsourcing and shared services, post-pandemic. Check out the survey results in this new whitepaper.

 

2021 Gartner® Magic Quadrant™ for Procure-to-Pay Suites

In the 2021 Magic Quadrant Report for Procure-to-Pay Suites, Gartner evaluated procure-to-pay (P2P) solutions from 12 different software vendors. Coupa placed furthest for completeness of vision and highest for the ability to execute in the Leaders Quadrant.

Coupa received this position based on what we believe is our ability to help companies manage all types of spend across direct, indirect, and services. Download this report to tap into Gartner expertise.

 

Sourcing Industry Landscape Podcast

Embrace Digital & Disruptive Technology Through Quinnox

On this episode of the Sourcing Industry Landscape podcast, Dawn speaks with Ravi Sundaram, Chief Operating Officer of Quinnox – an agile, business-results-driven digital technology partner that aims to simplify business processes, improve customer experiences and create exceptional business value with the power of human and applied intelligence.

We learn all about their digital platform journey and how their technology is helping to offset some of the challenges posed by ‘the great resignation’. Listen in to hear more about how Quinnox is using its data-driven digital solutions to help accelerate success, today and tomorrow.


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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.