Avasant, industry recognized management consulting firm, has recently launched the Value Leakage Rapid Assessment (VLRA) — a quick, online diagnostic of your company's current managed services contracts. In today's complex global business environment, managing contracts and supplier accountability is necessary for improving operational efficiency and realizing value. Diverse requirements, complex global services ecosystems, and geographically distributed third party suppliers make it increasingly difficult for organizations to manage complex contracts and enforce supplier accountability. Collectively, these factors can result in firms losing 30-60% of the desired value from their sourcing engagements.

Avasant's VLRA is designed to quickly help you identify likely areas in which you may be losing value in your current contracts. The goal of the VLRA is to identify indicators of value leakage in the five key competencies of sourcing contract management: performance, financial, relationship, contract management and risk/compliance. The findings of the survey are organized into a comprehensive report to be personally reviewed by Avasant with the client's stakeholders.

SIG Members are eligible to receive:

• 50% discount (up to $10,000 value) on the Value Leakage Rapid Assessment

For more information click here.

Global Sourcing Optimization Services (GSOS) has developed the Sourcing Relationship Health CheckTM that is compliant with the new ISO 37-500 Outsourcing Standards. The Health Check process uses a rapid 360o assessment identifying the strengths and opportunities for improvement in any type of outsourcing or shared service center relationship. Health Checks have been performed worldwide with Fortune 1000 across all industries.

• In 2016, Health Check Fees for SIG buy-side members are waived. That's a savings of up to $7,500 per Health Check. (SIG sell-side members are responsible for their Health Check Advisory Support Fees.)

To view a SIG webinar about National Bank of Canada's experience performing Sourcing Relationship Health Checks click here

For more information please click here.

Peopleticker provides clients with instant access to real-time compensation data, benchmarks and analysis for hiring permanent and contract workers in any industry, anywhere in the world allowing procurement professionals to turn data-driven insights into actionable results. Peopleticker is offering SIG members $10,000 worth of benefits including the following:

• 10% discount on all annual subscriptions
• Software test drives
• Complimentary one hour consulting session with Peopleticker procurement/staffing experts including five rate searches
• SkillsVillage membership — online community of international professionals in procurement, HR, and staffing

Click here for more information.