SIG Speaks

SEPTEMBER 14, 2023

This approach can help me in decision-making by including ALL costs; those that can impact the price, costs that will not or cannot change by switching suppliers, and internal costs. This will help me have a holistic view of the total costs associated with the good or service rather than just focusing on the price quoted by the supplier.

Supply Chain Management 40

Supply Chain Management Sourcing Strategic Sourcing Risk Management 40

Future of Sourcing

MARCH 15, 2023

“This year, we’re excited to introduce two new team categories: Innovations in ESG and Innovations in Supplier Diversity.” · Innovations in Sustainability: Recognizes the integration of social, ethical and environmental performance factors into the process of selecting products, services or suppliers.

Sourcing 59

Sourcing Advisory Government Outsourcing 59

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

When we polled sourcing and risk leaders to understand their ESG needs, they let us know that they didn’t see solutions in the market that could provide a current view of their suppliers’ or supply chains’ ESG health. The shortcomings of these solutions were crippling efforts to efficiently manage ESG risk.?.

Management 72

Management Sourcing Risk Management Risk Management 72

SIG Speaks

AUGUST 10, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Daniel Koumides shares how t he governance program, when jointly established and managed, increases the supplier's engagement with the business.

Government 40

Government Analytics Out-Tasking Jobbing 40

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. This essay will explore aspects such as supplier collaboration, transparency, risk, technological adoption, and sustainability.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

SIG Speaks

NOVEMBER 2, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Mark Nilsson shares an example of how his team had to implement a new governance model that was instrumental in getting a project back on track and helped implement s everal layers of change across his organization. The problem occurred during RFP.

Government 40

Government Business Process Outsourcing Information Technology Accounting 40

SIG Speaks

JUNE 15, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Brett Hillsberg shares an example of values exchange and balancing with suppliers from his past experience. Suppose the supplier cannot abide by the governance.

Government 40

Government Sourcing Retail Management 40

SIG Speaks

JULY 17, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Samantha Peters explains the objectives, strategies, and collaboration necessary to achieve supplier relationship compatibility. Supplier relationship compatibility plays a critical role in successful Third-Party Management.

Collaborations 40

Collaborations Risk Management Risk Management Efficiency 40

Future of Sourcing

MAY 9, 2023

As companies were trying to manage the aftermath of COVID-19, the Russia-Ukrain war occurred, whose ripple effects are now testing global economies. Collaborative sourcing is achieved when sourcing executives, buyers, and suppliers work together to achieve procurement goals.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Future of Sourcing

MAY 23, 2023

Cyber threats such as distributed denial of service (DDoS), intellectual property (IP) theft, malware, and ransomware pose a persistent and increasing cybersecurity risk to organizations and their suppliers. Business leaders looking to improve their third-party risk management strategies should: 1.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Pharmaceuticals 52

SIG Speaks

JULY 6, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Lisa VanBuskirk shows how she connected the dots between legal and procurement and became aware of gaps to show how the two roles working together is so vital. This was ultimately why we had to part ways with that supplier.

Government 40

Government Finance Management Efficiency 40

SIG Speaks

NOVEMBER 9, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Erika Marzilli shares her personal experience in project management and how accepting sudden change can be hard, but it is always worth it in the end. Did true Company/Supplier partnerships exist?

Management 40

Management Healthcare Government Software 40

SIG Speaks

JUNE 27, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Nick Fratto defines why finding the right supplier fit for your organization is so crucial for success. Supplier fit can help accurately predict the likelihood of success in creating a functioning partnership with another organization.

Sales 40

Sales Sourcing Administrative Marketing 40

SIG Speaks

OCTOBER 26, 2023

As a Sourcing Director, I manage Category Playbooks and drive effective sourcing strategies within our organization. Combining a portfolio of over 40 clients and management of over 20 FM categories, it is imperative to have robust Sourcing Strategy Planning and regular review of Category Playbooks.

Strategic Sourcing 40

Strategic Sourcing Management Facilities Management Sourcing 40

SIG Speaks

MARCH 10, 2023

Having recently completed the Certified Sourcing Professional certification, I was excited to continue my education in Supplier Management and learn how it can better assist me in my current role. In my current organization, we focus heavily on working with suppliers that are inclusive of all races, gender, and ethnicities.

Management 40

Management Sales Government Human Resources 40

SIG Speaks

MARCH 10, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Nick Fratto describes how sourcing professionals must adapt to a post pandemic industry and how to find the perfect supplier's for your business. Practitioners have created many tools and technologies to address the issues in identifying the correct supplier.

Strategic Sourcing 40

Strategic Sourcing Sourcing Sales Administrative 40

SIG Speaks

JANUARY 4, 2024

While screening the supplier – check their ESG reports and best practices – for labor, for buying green, for corporate responsibility. Achieving sustainability goals means working effectively with suppliers to create positive change. I have a strong understanding of procurement processes, industry, and suppliers. For the last 2.5

Strategic Sourcing 40

Strategic Sourcing Sourcing Engineering Outsourcing 40

SIG Speaks

OCTOBER 19, 2023

Procurement professionals can demonstrate their ability to deliver tangible financial benefits to the organization by highlighting successful negotiations, supplier consolidation efforts, and innovative sourcing strategies. Strong relationships with suppliers are essential for procurement success.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Blue Ocean

OCTOBER 17, 2023

Engaging a consultant early in your process, if you are just setting out on the path to supplier certification, is a good call. We already tagged PwC and EY in this post – and obviously, they are world leaders in assisting organizations on this journey. At What Point in the RFP Process Should You Require ESG Validation?

Right-Sizing 59

Right-Sizing Government Manufacturing Outsourcing 59

Sarah Holliman

JULY 3, 2019

When you factor in the retirement of Baby Boomers, the advancement of Millennials into management positions and the proliferation of globalization, the face of the workforce is profoundly different. Typically used for supplier agreements, an SOW has been called “the heart of every supplier contract.”

Robotics Process Automation 100

Robotics Process Automation Government Banking Outsourcing 100

SIG Speaks

NOVEMBER 16, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Connor Ryan describes the technical aspects of approaching negotiation conversations and how a pplying these tools will absolutely enhance your success and create a strong supplier relationship.

Strategic Sourcing 40

Strategic Sourcing Sourcing Finance Healthcare 40

SIG Speaks

MAY 2, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Zach Green discusses solutions for formally documenting a RACI around governance in the current IRA survey and developing training for governance and vendor management. This process is listed within our Vendor Management policies.

Management 40

Management Government Accounting Efficiency 40

SIG Speaks

JUNE 8, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Megan Moore shares her experience of the direct application of the training material in real life and how important it is to understand your company's governance program. The timing could not have been more perfect!!

Government 40

Government Human Resources Cybersecurity Out-Tasking 40

SIG Speaks

FEBRUARY 10, 2023

David Latten, Head of Procurement and Supplier Diversity & Equality at Logitech International, opened the day by discussing his organization's supplier diversity initiatives. and have since vastly grown their vendor base to include more diverse suppliers. Let's get into it! Adrian Dragomir, Head of Procurement at REI Inc.,

Cost Control 40

Cost Control Jobbing Sales Marketing 40

TTEC

DECEMBER 7, 2021

You'll hear about the new state of the art Leeds contact centre, its launch and having to quickly shift to work-from-home (WFH) while managing a transition from the previous supplier, as well as many other challenging experiences during a very unusual time for the industry. Host: Mark Hillary - CX Analyst & Author.

Engineering 52

Engineering Customer Service Management Service 52

SIG Speaks

DECEMBER 15, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Sergio Mielnik shares an in-depth understanding of how supplier relationships should be managed and how improving supplier relations at different levels will create successful sourcing engagements.

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 40

SIG Speaks

SEPTEMBER 28, 2023

A survey of 2022 Proxy statements indicated that boards generally voted against proposals to manage climate risk through comprehensive science-based targets due to the potentially costly and burdensome target-setting process. Supplier diversity and inclusion - direct spend with diverse and underrepresented suppliers.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Advisory 40

Obobo

JANUARY 12, 2023

What is A Vendor Managed Inventory System ? But managing a vast inventory of items can be a complex process that requires careful coordination and organization. That’s where vendor managed inventory (VMI) systems come into play. What is a Vendor Managed Inventory System? – Definition.

Supply Chain Management 40

Supply Chain Management Inventory Management Management Reduced Costs 40

SIG Speaks

JANUARY 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Devendra Pathak shares how the focus on Category Management can help your organization grow with his very own with a step by step model. Category management is one of the areas in which I should focus on my organization. . Supplier Analysis. Price Drivers.

Management 40

Management Sourcing Strategic Sourcing Administrative 40

SIG Speaks

JANUARY 17, 2023

SIG University Certified Supplier Management Professional (CSMP) program graduate Andy Peksa shares what he finds as the most important aspects of a supplier relationship and how they may be able to help you in your role. Supplier governance can encompass many things and be established in many ways. are essential.

Government 40

Government Accounting Banking Customer Service 40

SIG Speaks

NOVEMBER 4, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jamie Huntington shares her thoughts on why Due Diligence is so essential in the third-party risk management process. Segmentation will evaluate the level of supplier relationship management required and the appropriate governance model. .

Risk Management 40

Risk Management Risk Management Government Collaborations 40

SIG Speaks

JANUARY 13, 2023

Sourcing is a process that involves finding, selecting, evaluating, and managing suppliers for day-to-day and long-term purposes for goods and services needed in the organization/company. The research includes the sourcing strategy approach, supply market and supplier selection, and category management.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

SIG Speaks

DECEMBER 20, 2022

Calculating short pay or communicating variances to suppliers can be manual, error-prone, and time-consuming. Data entry, correction, and dispute management take a significant portion of time for many AP departments. Questions can be based upon previous answers, so only relevant information is presented to the supplier.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

SIG Speaks

APRIL 14, 2023

Financial Market and Reference Data are data issued by a trading venue or a data supplier, such as a stock exchange or a private company label, to inform traders, analysts, bankers, and investors about the latest prices of financial instruments such as shares, derivatives, commodities, indices, and currencies.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

SIG Speaks

NOVEMBER 15, 2022

SIG University Certified Supplier Management Professional (CSMP) program graduate Damilare Adeoye discusses why having a strong relationship with suppliers makes for more compatible businesses. Successful supplier identification, qualification, and onboarding require a stringent supplier relationship check.

Pharmaceuticals 40

Pharmaceuticals Supply Chain Management Government Strategic Sourcing 40

Obobo

FEBRUARY 1, 2023

As supply chain management becomes increasingly complex and interconnected, it is essential for businesses to be able to monitor and track their operations. This visibility is essential for managing the flow of goods and ensuring that products are manufactured and delivered on time. What is Chain Visibility? What is chain visibility?

Supply Chain Management 40

Supply Chain Management Reduced Costs Manufacturing Inventory Management 40

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.” This is exemplified when our organization reaches diverse supplier goals.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40