GEP Outlook 2023
Posted: 01/30/2023 - 23:19
Strategy
2022 Gartner® Magic Quadrant™ Procure-to-Pay Suites
Posted: 01/24/2023 - 21:51
SIG ANNOUNCES WINNERS OF THE 2022 FUTURE OF SOURCING AWARDS
Posted: 10/22/2022 - 04:34
JACKSONVILLE, FL — October 25th, 2022 — Sourcing Industry Group (SIG), the premier membership organization for sourcing, procurement, outsourcing, and third-party risk executives, announced the winners of the Future of Sourcing Awards at its Global Executive Summit on October 19th, 2022.
The Rediscovery of Keiretsu: Vertically Integrated Partnerships with Your Supply Base
Posted: 03/21/2023 - 22:03
Delivering Sustainable Business Value Through The Procurement Analytics Maturity Model
Posted: 03/21/2023 - 02:22
It’s been 3 years since the start of Covid-19 pandemic, and it is hard to believe what all the world has gone through in these 36 months. Fortunately, barring a few countries, Covid-19 has all but fallen out of newspaper headlines and businesses all over the globe are trying to get to the pre pandemic velocity. However, business leaders continue to exhibit pessimism towards the economic environment citing inflation, supply chain risks, trade policy shifts, global energy crisis and fear of an upcoming global recession.
2023 Future of Sourcing Awards Call for Entries Now Open
Posted: 03/16/2023 - 02:33
JACKSONVILLE, Fla.-- SIG|ORG (Sourcing Industry Group), the membership organization that provides thought leadership, networking and training opportunities to executives in sourcing, procurement, outsourcing and third-party risk, invites organizations across the world to submit entries for the 2023 Future of Sourcing Awards.
SIG|ORG Announces Keynote Lineup & Agenda for 2023 Procurement Technology Summit
Posted: 03/16/2023 - 00:43
JACKSONVILLE, Fla.--SIG|ORG (Sourcing Industry Group), the premier membership organization for sourcing, procurement, outsourcing and third-party risk professionals, today announced the keynote programs and agenda for its upcoming Procurement Technology Summit in Amelia Island, Florida from April 16-19, 2023.
SIG|ORG Adds New Executives to Advisory Board
Posted: 03/15/2023 - 22:55
Jacksonville, FL, March 15, 2023 -- SIG|ORG (Sourcing Industry Group), the premier membership organization for sourcing, procurement, outsourcing and risk executives, today announces the appointment of seven senior executives to the SIG Advisory Board for a three-year term, including:
- Gilles Neron — Vice President, Strategic Procurement & Corporate Real Estate at Air Canada
- Edmund Zagorin — Founder & Chief Strategy Officer at Arkestro
- Shashank Saxena — Co-Founder & Chief Executive Officer at VNDLY Inc.
Reinventing How Work Gets Done
Posted: 03/10/2023 - 21:00
On January 18, Microsoft CEO Satya Nadella shared a communication with Microsoft employees that typifies emails being sent by other CEOs across the tech industry right now:
“. . . we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less.”
Business Networks 2023: The Year of the Supplier
Posted: 03/08/2023 - 00:17
When business networks came on the scene more than two decades ago, sellers were skeptical for many reasons. Would they be squeezed by buyers for lower margins? Would overhead increase from new processes or technology? Concerned they would lose business, many joined these networks and played the game in a purely defensive way, blocking and tackling with online RFPs, catalogs, orders, and invoices.
3 Challenges & Solutions That Come With Supply Chain Talent Retention
Posted: 03/02/2023 - 21:33
Turnover is a growing problem in many industries and more so in supply chain sectors than most. So, why do employees leave jobs that they're good at? And what can be done to make them stay?
Leveraging Chatbots To Support Your Procurement Team
Posted: 02/23/2023 - 20:51
The Art of Negotiation: Time-Tested Strategies For a Successful Supplier Negotiation
Posted: 02/10/2023 - 23:41
Put simply, supplier negotiation is the process of coming to mutually acceptable terms between the procurer (buyer) and the vendor (seller).
As we can see from the chart below, the negotiation stands at the center of the procurement process, beginning by first planning business requirements, then clarifying this with the supplier, and finally, assessing performance and results.
Finalist Interviews for Rising Star Awards: Wouter Passtoors, Moneyball CPH
Posted: 02/07/2023 - 23:18
How did you get into this field – was it purposeful or by accident?
At What Point Does Procurement Own Supply Chain Risk?
Posted: 02/07/2023 - 21:40
In her October 24th 2022, The Drive article, Emma Helfrich reported the following: “An engine designed by the Austrian company Rotax was discovered installed in one of Russia’s Iranian-made Mohajer-6 drones that went down over the Black Sea earlier this month.” Helfrich then said, "Rotax says it has launched an investigation into its engines powering Irania
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