This Month at SIG – September 2021

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

As we head into the fall of 2021, we prepare for procurement 3.0 with a host of exciting resources, industry research and webinars to elevate you in your role.

September 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 September 15, Nitin Khorana, Vice President from Icertis, will explore maximizing supply chain potential with contract intelligence, followed by topic-based discussions on digitalization within procurement and sourcing.

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


Power Hour Webinars

How to Align Procurement with Third-Party Risk for Successful Vendor Management

One of the biggest challenges that procurement teams face is aligning risk objectives with the rest of the organization. In fact, most companies struggle with ensuring that their risk management processes aren’t perceived internally as a roadblock, slowing down procurement and innovation.

In this webinar, Bryan Littlefair, CEO of Cambridge Cyber Advisers and past Global CISO of Vodafone Group and Aviva, will share his experience designing third-party risk management programs that align with procurement. 


Navigating Growth in a Risky World: How Stanley Black & Decker Remains Resilient in the Post-COVID Economy

As supply chain risk management (SCRM) evolves in an uncertain economy, it is necessary for procurement and sourcing to lead the charge in creating a risk culture that can both grow and scale. By leveraging SCRM solutions, Stanley Black & Decker has created a strategic risk program focused on mitigation while developing proactive risk prevention approaches for positive revenue impact on corporate growth.

Join speakers from Stanley Black & Decker, Sarah Morfoot and Priscilla Burke, as well as riskmethods SCRM expert Constantine Limberaki on Thursday, September 23rd at 1 PM EST to learn about how Stanley Black & Decker has been able to gain a competitive advantage by tracking risk more efficiently and effectively.


Optimizing Offshore: The Key to Increasing Productivity while Minimizing Risk

The opportunity for procurement leaders to step up to the plate and navigate the unique challenges and opportunities of managing costs and supply chain decisions in 2021 and beyond is now. 

Join CEO and Co-Founder of leading IT talent provider SMC Squared, Dr. Patricia Connolly, who will share how to rethink your global talent strategy in order to minimize spend and achieve your company’s growth goals.


Enabling Procurement Efficiency: How Ace Hardware Accelerates Business Outcomes

Leading sourcing and procurement organizations are undergoing rapid digital acceleration in response to the past year of uncertainty and disruption. How can you keep one step ahead and gain full visibility into your source-to-pay process?

On September 30th, join Ace Hardware and Workday as they explore how high-performing procurement teams automate their sourcing and procurement processes.


Featured Content from Industry Experts

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

Procurement leaders gained significant political capital within their organization's thanks to their extraordinary efforts in managing recent disruptions. Now is the time for procurement to seize the stage. Learn how to position procurement as a strategic business partner while setting your team up for success against future uncertainty. 

Read this eBook to explore the five components of today's new procurement agenda.


Sustainable Procurement Barometer 2021

Developed jointly by EcoVadis and the Value Chain Innovation Initiative at Stanford Graduate School of Business, the Sustainable Procurement Barometer 2021 provides critical insights into the growing recognition that sustainable procurement is fundamental to building resilience throughout organizations and supply chains, mitigating risk and driving results.


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


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 with 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 their time spent 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 due to 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.


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 supply chain leaders.

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


Sourcing Industry Landscape Podcast

How Savings Forecasts and Procurement Operations Align with C-Suite Objectives

Dawn Tiura sits down with Edmund Zagorin, Founder and CEO of BidOps Inc., the first company to use artificial intelligence to fully automate supplier negotiations on this episode of the Sourcing Industry Landscape. Listen in to hear Edmund’s thoughts on the future of Procurement and how Procurement can align itself with the CFO and C-Suite to transform itself from a cost center into a driver of cost savings.

How Automated CLM Can Strengthen the Vaccine Supply Chain

On this episode of the Sourcing Industry Landscape, Dawn speaks with Agiloft’s CTO and founder, Colin Earl, to discuss some of the biggest challenges vaccine supply chains are facing today and how automation can help safeguard against them.

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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.