SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

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Planergy Software

JANUARY 18, 2024

Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. Catalog management in procurement is the strategic process of managing and maintaining a product catalog within an organization. Here are the four main types of digital catalogs.

Management 52

Management Inventory Management Regulations E-Commerce 52

Future of Sourcing

MARCH 20, 2023

In an exclusive article Siddharth Poddar - Practice Head, Procurement Insights at Polestar Solutions shares his insights into the need for procurement analytics maturity model, key steps to assess and improve procurement analytics maturity and how to build a sustainable procurement analytics program.

Analytics 59

Analytics Sourcing Collaborations Out-Tasking 59

Future of Sourcing

JULY 17, 2023

Procurement has historically been one of the last organizational functions to migrate to the cloud. PEC’s adaptation to two major crises in less than one year serves as a reminder to procurement and sourcing professionals everywhere that COVID-19 isn’t the last emergency you’ll need to tackle head-on.

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SIG Speaks

JANUARY 4, 2024

It’s a long run. As procurement professionals, I believe that we have a huge influence on that. Including direct and indirect procurement – and maybe even that depends on them the most. I have a strong understanding of procurement processes, industry, and suppliers.

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Strategic Sourcing Sourcing Engineering Outsourcing 40

Future of Sourcing

JULY 28, 2023

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

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Facilities Management Robotics Process Automation Retail Strategic Sourcing 52

Future of Sourcing

MARCH 10, 2023

What does this mean for supply chain and procurement? First, AI technologies won’t replace people in supply chain and procurement roles. Second, these new tools help make procurement professionals’ jobs more important to the organization. And as Nadella hints, some of the work might be supported by AI.

Automation 59

Automation Jobbing Sourcing Out-Tasking 59

SIG Speaks

AUGUST 31, 2023

Procurement is an integral part of the process of acquiring goods and services from external parties that help drive the goals of an organization. Assessing business models is a crucial step in determining the strengths and weaknesses of the overall Procurement strategy. Collaboration is a critical aspect of supplier relations.

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Collaborations Strategic Sourcing Sourcing Efficiency 40

Future of Sourcing

MARCH 15, 2023

Global Awards Program Celebrates Organizations that Exemplify Innovation, Leadership and Transformation in the Sourcing, Procurement, & Risk Industry JACKSONVILLE, Fla.-- Media Contact: Stephen Brown sbrown@sig.org Tags: Digital Transformation Leadership Sourcing Strategy Procurement Region: Global

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Sourcing Advisory Government Outsourcing 59

Future of Sourcing

MAY 9, 2023

If procurement teams are not future-ready now, their company can take a toll too and suffer badly, says Prasanna Rajendran is the Vice President at Kissflow. If procurement teams are not future-ready now, their company can take a toll too and suffer badly. To do so, collaboration should take place within the organization as well.

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Sourcing Collaborations Analytics Strategic Sourcing 52

SIG Speaks

OCTOBER 12, 2023

The rapid advancements in AI have notably impacted various business functions, including procurement and sourcing. Businesses and organizations continue to strive to enhance efficiency, reduce costs, and gain a competitive edge, and AI technologies have begun to revolutionize the procurement landscape.

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Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

JULY 19, 2023

The recent CPO & Executive Virtual Series with Productiv, brought together industry experts to discuss critical topics in the world of procurement. Three keynote speakers, Amit Nath, IT Procurement Global Leader from American Honda Motor Company, Inc.; per employee.

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Strategic Sourcing Banking Sourcing Marketing 40

SIG Speaks

MAY 17, 2023

In the recent May CPO & Executive Virtual Series hosted by SIG, we had the pleasure of welcoming esteemed speakers: Michael Koontz, Vice President of Strategic Sourcing & Business Leader at ATD Sourcing Solutions; Ruy Martins, Plant and Supply Chain Director at Urgo Medical; and Oren Salzman, Chief Procurement Officer at MetTel.

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Strategic Sourcing Streamline Operations Sourcing Sales 40

Future of Sourcing

MAY 23, 2023

Here are four procurement tips to help you to use disruption to your advantage. Implementing a digital procurement tool drives agility and speed. When looking at the data, procurement decision-makers should be asking themselves the following: • What happened? And in turn, agility and speed open up efficiencies for leaders.

Right-Sizing 52

Right-Sizing Sourcing Analytics Efficiency 52

SIG Speaks

DECEMBER 13, 2022

Recently, SIG had the pleasure of hosting ProcureAbility experts Conrad Snover and Darshan Deshmukh for the December CPO & Executive Virtual Series. Conrad, CEO at ProcureAbility, opened the day by explaining the team's research methodology. Then the team took that data and formulated their predictions for procurement in 2030.

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Cybersecurity Strategic Sourcing Sourcing Administrative 40

SIG Speaks

MARCH 23, 2023

Mandatory enforcement of human rights, environmental due diligence and even data privacy are a few examples of the regulatory challenges procurement faces in managing complex global supply networks. The question is, what is procurement's role in tracking and managing compliance? Where Is Procurement? What is procurement's role?

Regulations 40

Regulations Collaborations Sourcing Finance 40

SIG Speaks

MARCH 3, 2022

Our deepest belief is that the procurement functions, by connecting with stakeholders and creating coalitions along the entire supply chain, are uniquely positioned to accelerate transformations and deliver the impact promised by most corporations on environmental, social, and corporate governance (ESG). . Accelerate change externally.

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Strategic Sourcing Operational Costs Sourcing Government 40

SIG Speaks

JANUARY 1, 2023

Procurement in the Spotlight: A New Agenda for a New Era. Meanwhile, procurement leaders have shown their value with 60% of CPOs reporting increased engagement with the C-Suite. Read this eBook to explore the five components of today's new procurement agenda. How Procurement Can Drive ESG Goals for the Enterprise.

Sourcing 40

Sourcing Automation Flexibility Sales 40

SIG Speaks

DECEMBER 1, 2022

Preparing for the challenges on the horizon with a host of resources for procurement leaders to get a jump start on 2023! 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.

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SIG Speaks

MARCH 1, 2023

This blog was previously published on Procureability's website. Transfer contact information to your notes or digital contact book and use tags to keep organized. The Fortune 1000 trusts our advisory, managed services, digital, and staffing and recruiting solutions to transform their procurement capabilities. Safe travels!

Advisory 40

Advisory Regulations Flexibility Managed Services 40

Future of Sourcing

MAY 11, 2023

“Many procurement teams are under-resourced, yet have increasing workloads with faster turnaround times expected by internal stakeholders. Tags: Legal Digital Transformation Leadership Sourcing Strategy Procurement Region: Global Visit www.keelvar.com for more information.

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Sourcing Strategic Sourcing Automation Out-Tasking 52

SIG Speaks

NOVEMBER 2, 2022

As a procurement professional, you know that talent in procurement has been a hot topic in recent years. >>Looking for a new job or to hire top procurement talent? >>Looking >>Looking for a new job or to hire top procurement talent? Visit SIG's Career Network!<< << . It’s okay to get help

Retail 40

Retail Advisory Jobbing Sourcing 40

SIG Speaks

AUGUST 17, 2023

The hardest part of showing value to an organization is debunking the myth that the traditional role of Procurement is to procure goods and services. It also lacked consequences for rogue procurement purchases. We also should have issued a revised procurement policy and created procedures aligned with the change.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 40

Future of Sourcing

MARCH 21, 2023

The 2023 supplier relationship needs to change, and procurement teams can learn from the following three aspects of Keiretsu to deliver a competitive advantage in their approach to supplier and cost management. Tags: Maturity Model Digital Transformation Leadership Sourcing Strategy Procurement Region: Global

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Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

JUNE 29, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Anna Sgro shares how adding procurement roles into third-party risk management systems can be a very effective contribution to your team. The lack of engagement with the Procurement team introduces unnecessary risk and exposure for an organization.

Risk Management 40

Risk Management Risk Management Management Sourcing 40

SIG Speaks

DECEMBER 21, 2021

Procurement in the Spotlight: A New Agenda For A New Era by Coupa. Sustainable Procurement Barometer 2021 by EcoVadis. Procurement's Growing Role in Innovation and Recovery. Meta-Skills: What Are They and How Are They Relevant to the Procurement Function of the Future? Most Popular Procurement Technology Summit Sessions.

Strategic Sourcing 52

Strategic Sourcing Sourcing Banking Research 52

SIG Speaks

FEBRUARY 10, 2023

Recently, SIG had the pleasure of hosting ProcureAbility experts David Latten of Logitech, Chris Shaffer of EyeCare Partners and Adrian Dragomir of REI for the December CPO & Executive Virtual Series. Adrian Dragomir, Head of Procurement at REI Inc., It was a very engaging discussion with many thought-provoking takeaways.

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SIG Speaks

JUNE 20, 2023

A common question in management applicable to the multifaceted world of strategic sourcing and procurement is, “How do you manage the complex?” Based on a 28-year professional career, I believe the answer is to “keep it simple.” You might ask, what does keep it simple look like – it means applying a systems approach.

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SIG Speaks

SEPTEMBER 28, 2023

This analysis attempts to explore how procurement and sourcing functions of publicly traded technology companies with market capitalizations between $15 billion to $35 billion (“Tech Company”) can evaluate, implement, and monitor emerging Environmental Social and Governance (“ESG”) regulations within their supply chain.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Advisory 40

Future of Digital Sourcing Outsourcing

MARCH 2, 2021

Related news: Strategies to Drive Procurement Compliance and Manage Rogue Spend Searching and evaluating the right Procure-to-Pay (P2P) software can be a daunting and sometimes frustrating task. Tags: ERP Integration P2P software Procure-to-Pay Procurement. 4 P2P Pitfalls and How to Avoid Them?. Region: Global

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SIG Speaks

APRIL 25, 2023

The company's prior organizational structure was that each facility was its entity with its procurement, human resources, quality, and manufacturing departments excreta. The procurement group transformation was one of the first groups to change and to do so successfully. This approach was very siloed, with many inefficiencies.

Sourcing 40

Sourcing Management Co-Sourcing Strategic Sourcing 40

SIG Speaks

AUGUST 2, 2022

Recently, SIG had the pleasure of hosting AArete experts Tyler Higgins, Gaurav Joshi and John Marchisin and Duane Elmore, Chief Procurement Officer at The Pennsylvania State University for the July CPO & Executive Virtual Series. Procurement Transformation with The Pennsylvania State University. Let’s get into it! conversation!

Regulations 40

Regulations Government Sales Marketing 40

Future of Sourcing

MAY 18, 2023

With this technology that uses radio waves to identify objects, Macy’s enhances demand forecasting and adjusts procurement decisions for its mini distribution centers, and Walmart ensures online inventory accuracy from suppliers. Tags: Legal Digital Transformation Leadership Sourcing Strategy Procurement Region: Global

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Retail Manufacturing Sourcing Sales 98

SIG Speaks

SEPTEMBER 20, 2022

All eyes on procurement. Procurement is under scrutiny with central purchasing being pushed into organizations' spotlight. One such question being asked of procurement is, "Do we have approved alternative sources of supply in place?" How procurement can keep businesses afloat. Building a resilient supply chain.

Manufacturing 40

Manufacturing Sourcing Collaborations Finance 40

SIG Speaks

NOVEMBER 30, 2022

In this edition, ProcureAbility continues its ‘ Bold Procurement Predictions' Insights Series – the product of extensive research and input from a think tank of experts in the supply chain field – with a look at the rapid technology acceleration expected in the procurement practice by decade’s end. register now. .

Advisory 40

Advisory Out-Tasking Analytics Automation 40

SIG Speaks

MAY 31, 2023

Imagine a new e-procurement system; procurement will drive the project, but the new program would likely require IT services for integration, HR for new hire requirements, end-user training, etc. Before dedicating his work full-time to procurement, Jon Cody worked as a creative in the digital marketing industry.

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Management Supply Chain Management Strategic Sourcing Sourcing 40

SIG Speaks

DECEMBER 17, 2021

From sustainable sourcing to McDonald's happy meals, this year we have brought a range of content to fuel your procurement toolkit for the future of the industry! New Priorities for Procurement Leaders. CEO of Scanmarket, Betina Nygaard, discusses the new priorities that procurement leaders must adapt to in the post-pandemic workforce.

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