SIG Speaks Weekly Briefing - January 7

An image of a newspaper, coffee and laptop on a desk.

It's the first full week after the holidays and you've undoubtedly got a full inbox and busy schedule. Here's a run-down of the resources, events and deadlines that help SIG delegates do their jobs better. 

New York City Executive Immersion Program

When: February 7, 8:30 a.m. - 4:30 p.m.

Where: Morgan Lewis Offices, New York, New York

Our Executive Immersion Program agenda topics include contract drafting, negotiation techniques and automation in sourcing. This program is highly interactive and your team will come away with immediately implementable takeaways. Register in advance to attend.

Topics include:

  • Buying Technology in a Time of Disruption -- Ed Hansen, Partner, Morgan Lewis

    In this workshop, paradigms will be discussed that leverage the “business value–deal process–negotiation–contract” connection; encourage sourcing, technology, and business alignment; and improve deal ROI, while minimizing and managing the risks that matter most. This program will be presented against the backdrop of complex ITO and BPO, digitization, automation, and the move to new delivery models, such as DevOps and hybrid cloud. 

  • The Impact of Sourcing on Automation -- Nick Andrews, Executive Chairman, Virtual Operations; and Peter Clark, Solutions Lead, CHR Group 
    This session will cover automation with regard to the market, tools and potential; success factors for scale automation programs; and automation, sourcing and contracting interdependencies. 

Free Industry Research

Coupa Software commissioned Forrester Consulting to evaluate the state of services and contingent workforce management, addressing the unique set of challenges firms face, the kinds of software tools needed to support services spending and the internal adoption and usage of these tools.

SIG University

Have you set professional goals for yourself in 2019? Make sure you have the knowledge and skill set to achieve them with a certification in sourcing, third party risk or supply management. You can do this! If you are a leader, consider taking your team to the next level and take advantage of volume discounts. Classes begin January 21!

Contact us for more information or download the course catalog to learn more about each program's curriculum.

Thought Leadership Webinar

Strategies to Measure and Control your Contingent Labor Program Costs -- VectorVMS

When: January 22, 2019 at 1:00pm ET

For procurement professionals, cost savings and cost avoidance areas are always a top priority. And although HR departments are seeing an increased role in managing contingent labor programs, at most companies, the program is still owned primarily by procurement. This webinar will provide you with the strategies to analyze your spend allocation to determine smart, practical ways to gain greater control over contingent labor program costs overall.

Future of Sourcing Articles

  • Kate Vitasek, faculty at the University of Tennesee Knoxville and creator of the Vested Business Model, has a handy cheat sheet for Essential RFx Bidding Models.
  • Benjamin Duffy, a senior analyst at Source One, makes a valid argument that most organizations go about implementing procurement technology the wrong way. 

Career Network

New year, new job? See the latest gigs for sourcing and procurement professionals from some of the world's leading companies like Capital One, Revlon, Bank of the West, Boeing and more. 


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Stacy Mendoza, Digital Marketing Specialist

Stacy Mendoza is a Digital Marketing Specialist with Sourcing Industry Group (SIG). Stacy began her career in market research as an editor for Hart Research Associates in Washington, D.C. Since moving back to Florida in 2014, she has worked in marketing and public relations, specializing in content creation, media relations and crisis communications. Stacy is a passionate volunteer who donates her time to help nonprofits develop marketing strategies and awareness campaigns. Stacy holds a Bachelor of Arts degree in English from The Florida State University in Tallahassee, Florida. Follow her on Twitter and tweet at @SIG_Stacy.