SIG Speaks Weekly Briefing - February 25

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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.

Join SIG for the Midwestern Regional SIGnature Event

The Midwestern Regional SIGnature Event will take place on March 6 at the beautiful Minneapolis Central Library downtown. The speakers include industry heavy hitters such as Nancy Brooks, Vice President of Procurement Commercial Office with Best Buy; Rohan Ranadive, SVP, Head Intelligent Automation at BB&T; Linda Tuck Chapman of Ontala; Shirley Hung, a Vice President with Everest Group; Clare Horn, Process Excellence Lead of Virtual Operations; and Dawn Tiura the President and CEO of SIG. Register now to enjoy this full-day of thought leadership and networking. This is a free event for buy-side attendees and we encourage you to bring your whole team! Visit our website for more information.

Preparing for Sales and Use Tax in Sourcing Contracts, presented by Mayer Brown

Imagine negotiating the perfect sourcing contract only to find out that sales and use tax of up to 10 percent of the contract price could be due. Sweeping changes to sales tax laws occurred in 2018. This webinar will discuss how certain technology arrangements (e.g., SaaS and IaaS) are taxed, along with the biggest change in 2018—which states could impose sales or use tax on a transaction.

Latest Future of Sourcing Articles

Intelligent technologies are changing the supply chain game everywhere. Richard Howells shows us that intelligent technology is what often separates the leaders from the followers in today’s digital economy.

The “Women Global in Sourcing” series continues to to highlight, celebrate and acknowledge women who are pioneers and leaders in the industry and who have been influential in moving the industry forward. It is with great excitement that we feature Celia Landesberg this week, of EcoVadis.

Peer2Peer Inquiries

The SIG Peer2Peer program allows members to crowdsource best practices on topics specific to their needs. Members can leverage the experience of other industry professionals by posing questions to the greater SIG community on issues they are facing within their organization. Below are the latest inquiries that you are invited to respond to. If you're not a SIG member, submit your response to Mary Zampino: mzampino@sig.org.

Supplier Innovation Clauses

Lend your expertise to a member looking for guidance for contract language requiring suppliers to contribute actions and ideas that reduce the company's costs.

 

Data Check Firms

A member is searching for a vendor to provide the following data checks: OFAC checks, FinCEN 314(a) screening, Death master files, Child support lien/garnishment screenings.

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Hailey Corr, Content Manger

Hailey is the Content Manager for Future of Sourcing and Marketing Associate at SIG. She is also SIG’s in-house yoga instructor for the Global Executive Summits. Hailey’s professional background includes sales, data analytics, social media marketing and customer relations.  Hailey holds a Bachelor’s Degree in Mass Communications and Dance from the University of Colorado at Boulder.