Future of Sourcing Awards

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The Future of Sourcing Awards celebrates organizations and individuals that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The 2019 Awards will take place on Wednesday, October 16, 2019, the capstone evening at the SIG Global Executive Summit. Attendees will enjoy dinner, networking, entertainment and an awards ceremony delivered in the most innovative ways imaginable. This event will bring together some of the brightest minds, the best insights and the most relevant topics to create a truly remarkable experience.

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Innovations in Digitization: University of California Office of the President
Sep 03, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

The University of California (UC) system purchases ~$10 billion in goods and services annually. Due to severe budget pressures, we must transform how we source and purchase goods. UC Procurement aims to streamline and evolve our current procurement model into a systemwide supply chain to make the most efficient use of available resources to support our core missions of...
Innovations in Sourcing: Hilton Supply Management
Sep 01, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

Supply chain management can be a game changer for a business’s bottom line. Companies are demanding more out of their supply chain, and procurement divisions need to keep up. At a minimum, smart procurement solutions can dramatically cut costs, but they can also drive innovation. Hilton Supply Management is a living example of that. 
 
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Innovations in Outsourcing: GEP
Aug 29, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

The client, a telecommunications major, was looking to optimize their procurement operations and streamline their ongoing technology transformation initiative. Owing to GEP’s depth of offerings and expertise in procurement and supply chain, and top-of-the chart analyst ratings, the client chose GEP as their procurement services partner to address the...
Innovations in Sustainability: EcoVadis & Avery Dennison
Aug 26, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

Avery Dennison recognizes that its environmental and social impacts extend beyond its own walls. Led by Mitch Butier, President and CEO, Avery Dennison sets high standards and goals for responsible purchasing practices as part of its overall sustainability vision. Its business philosophy originally started with “first, do no harm,” but then...
Innovations in Sourcing: IBM Corporation
Aug 24, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

IBM Global Procurement recognized the need to transform its organization to meet the evolving demands of its stakeholders.  In general, clients viewed the procurement process as complex, having too many approvals and taking too much time to execute.  As a result of this project, Global Procurement re-organized to become aligned by business unit,...
Aug 22, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

We needed a fully integrated end-to-end Source to Procure system. This allowed us to effectively connect supplier risk management with sourcing, contracting and purchasing activities. This also fulfilled the need for Fannie Mae to provide an automated accurate HERA (the Housing Economic Recovery Act of 2008) Report to FHFA (the Federal Housing Finance Agency)....
Innovations in Talent Management: FedEx
Aug 21, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

The Sourcing Playbook is a set of flexible, standardized templates with accompanying training for certain critical deliverables within FedEx Services Sourcing & Procurement’s Sourcing Methodology (sourcing process).
 
Prior to the Playbook, the organization had recently completed significant enhancements to its Sourcing...
Innovations in Sustainability: SAP Ariba
Aug 20, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

Sustainability has increasingly become a core business objective for global organizations large and small, allowing companies to drive profits while benefiting people and the planet. However, there was not a holistic technology that can include Sourcing and Procurement teams to address these tasks and processes and deliver measurable results. The SAP Ariba team...
Aug 16, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

Fannie Mae has traditionally engaged a broad range of third-party suppliers across different channels for advice, expertise, production support, development, governance and other services. The demand for professional services has ranged from single freelance experts to hundreds of resources for development to firms with methodologies and benches to deliver...
Innovations in Third Party Management: DBS Bank Ltd
Aug 13, 2019    0

Can you outline why your team embarked on this project and the problem that needed to be solved?

According to PwC’s Global Economic Crime and Fraud Survey in 2018, procurement fraud is one of the most common frauds across industries. As such, DBS Group Procurement & Services (GPS) recognizes the need for constant vigilance and the importance of enterprise wide anti-fraud controls. Year after year, we challenge ourselves to revisit and enhance our...

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