Amelia Island, FL - 2019 Spring Summit Presentations

This SRC resource contains a snapshot of every presentation made at the 2019 SIG Spring Global Summit. Over 40 Keynote and Breakout sessions were presented, covering a variety of topics. Downloading this document is the best way to digest all of the in-depth content covered at a SIG Summit. 

After downloading this content, you can search for the presentations using the title or browse through the entire list of presentations from this Summit by clicking this link

You can also download a copy of the entire schedule and links to the presentations below.

Download the file below to access the 2019 SIG Spring Global Summit Schedule and Session Descriptions (in lieu of the Summit Resource Guide). 

Click here to access a list of and download the presentations made at this Summit.

Connecting Business Partners, Building Trust, and Reducing Transaction Costs with B2B Social Networking and Blockchain Payment Solution

TraDove

There was a problem in the B2B space – a world of professional buyers and sellers were looking for a simple way to connect and make trustworthy deals. But, no such dedicated business network existed. So we built one! Our social networking platform is tailor-made to find buyers and sellers the best-suited matches for their product and service needs, which are endorsed and reviewed by verified business partners. Members are able to collaborate on projects, find new markets for their leads and needs, and conduct trades with our own Blockchain Payment Solution – the very first B2B blockchain! By enabling blockchain-based credit scoring in the B2B space, we are solving the trust and privacy issues in international trade, and in doing so, cutting the high banking costs.

Impact Sourcing and Your Supply Chain

Sutherland Global 

Impact Sourcing is a business practice where a company prioritizes suppliers that intentionally hire and provide career development opportunities to people who otherwise have limited prospects for formal employment. The practice has been shown to provide many business and social benefits.

Artificial Intelligence and Its Impact on Procurement and Supply Chain

GEP

Within a highly competitive field of profound technology innovations, Artificial Intelligence (AI) is clearly at the head of the pack. It's frequently recognized as the technological forerunner when it comes to revolutionary levels of enablement. Its potential power and influence is far reaching across verticals and functions. From finance to pharmaceuticals, logistics fleets to CRM – AI is impacting almost every layer of the modern organization

Procurement Supply Chain Outlook Report

GEP

Loosely translated from Latin, this means: To be forewarned is to be forearmed. That is, in essence, the mission of our annual GEP Outlook, now in its seventh year of publication. And in today's climate of sustained volatility, busy procurement and supply chain executives need every available tool they can get to help navigate global supply markets and to guide their teams through opinion and hype. Our annual Outlook report is designed to be a practical planning tool with respect to both macrolevel supply chain dynamics as well as category and commodity trends and innovations. It is based on GEP's collective experience in managing over $125 billion in spend across all sectors and geographies. Our aim is to provide the reader with a broad range of perspectives and thoughtful analysis of the emerging best practices we see as adding measurable value to our clients. And perhaps more importantly, to provide a collection of viewpoints that put these trends into a broader, more strategic context.

Key Strategies for Implementing Robotic Process Automation

Canon Business Process Services

New technologies such as robotic process automation (RPA) offer the opportunity to automate repetitive processes and more efficiently achieve business goals. Deploying software robots can enable organizations to execute current processes faster and more accurately, 24x7. The benefits can be significant and include boosting the return on investment; improving operational accuracy; enhancing compliance; achieving cost reductions and increasing scalability

Creating a Better Outsourcing Governance Model

Sapience Analytics

In 2017, the global outsourcing market reached 88.9 billion U.S. dollars, according to Statistia —that's 12 billion more than the previous year. U.S. companies are outsourcing more work every year, and it's easy to see why. Transferring responsibilities to an outside source can lower capital expenses and overhead, free employees' time to work on other tasks, increase efficiency for time-consuming functions, and improve quality for specialized work. But how do companies manage teams that are hundreds or even thousands of miles away, to ensure the best quality of work, and the greatest return on investment?

The Future of Workforce Management

Guidant Global

Organizations that want a competitive advantage through a high-performing workforce are looking to their strategic talent advisors to help them capitalize on shifting dynamics. With the rise of the contingent workforce and the drive to lower costs, the complexity of sourcing many different workforce elements shifted selective responsibility over to the procurement team from human resources HR team. In line with the trend to integrate diverse components of the workforce, HR and procurement are now collaborating to optimize performance of the workforce across all areas. This shift from focusing on cost, to one that balances cost and quality, and bring all the elements of the workforce into harmony

Making the Journey from Tactical to Strategic Procurement

ProcureAbility

Although leading procurement organizations become more mature every year, relationships with internal stakeholders often remain stuck in the perceptions of the past. The most common issue remains that internal stakeholders simply do not regard procurement as a true partner. If seen only as a tactical execution team, procurement won't reach its full potential. This barrier must be overcome on the evolutionary journey from tactical to strategic. In this paper, we discuss four challenges that procurement must “answer” to achieve strategic status in the eyes of business unit stakeholders

Proactive Talent & Knowledge Management

ProcureAbility

Accelerating workforce trends are driving rapid change across the economy and impacting procurement organizations. Unemployment has dropped to its lowest rate in 16 years as baby boomers continue to retire in droves. Add slowing productivity growth, evolving work habits, and new expectations among millennial workers, and procurement executives face significant challenges. Fortunately, opportunities  also exist on the short horizon. Because more people are now open to working as contractors and consultants in the growing “flex/gig” economy, today's procurement organizations have more talent options to deliver value and meet stakeholder demands.  Progressive procurement organizations are responding to trends by developing forward-looking approaches to hiring and retaining top talent, while also building formal knowledge management programs.

Business Spend Management: 2019 Benchmark Report

Coupa

Facing increasing economic uncertainty and the costs of ever-growing regulatory burdens, corporate leaders today must look inside their organizations to drive profitability and growth for a competitive advantage. Business Spend Management (BSM) - the processes and technologies that encompass all aspects of managing business spend, from sourcing to payments - enables leaders to reduce risk with the visibility and control needed to spend smarter every day.

The Dissatisfaction Conundrum: What Clients Are Not Telling Service Providers?

Everest Group

An Enterprise Pulse Study Market Report - January 2019

In this research we present:

  • A summary of the views of various enterprises regarding the capabilities of services providers they engage across applications, digital, cloud, and infrastructure services
  • Enterprise views around their key investment priorities in technology and digital services for 2019

History of Augmented Reality: Glow Pucks to Immersive Reality

Toptal

Andrew Graunke, Toptal Head of Enterprise Design, has implemented augmented reality (AR) design projects for dozens of enterprises. Here he outlines his pocket history of AR: from fighter jets to touchless computers to Glow Pucks, AR has already started making waves. Based on his current projects and pipeline, Graunke also blueprints his vision for AR's future.

Please join the President and Co-Founder of GEP, Neha Desai Shah, and the President and Chief Executive Officer of SIG, Dawn Tiura, in this fireside chat. They will discuss their own experiences in the sourcing industry as they charted their way to company presidencies. You will hear about current efforts to increase the profiles of women in sourcing and how these women recommend companies better support women in operational and leadership roles. 

Global supplier dynamics are changing due to the increasing level of uncertainty around economic and geopolitical hot topics (e.g., US-China trade war, rising interest rates, Brexit) mean that what looks like a strong enough supplier today, could be far from it tomorrow. Adding to the pressure, risk managers are being challenged to demonstrate value and return on investment to internal stakeholders. From procurement to ongoing monitoring to mitigation, risk management teams must work together to connect the dots throughout a supplier's lifecycle - not only to identify potential disruption, but to also demonstrate program value and efficiencies.

Last year we shared with you our vision and roadmap to utilize AI and Machine Learning in the way we capture and analyze data from within SOWs to give organizations a deeper level of visibility to their services spend to enable better decisions and to mitigate risk. Well, we are back to share with you what has now become a reality! Having the ability to rapidly process and analyze unstructured SOW data in real-time has opened up a whole new world of insight and the number of use cases we are discovering grows every week. We will use this session to share with you the inputs, outputs and most importantly the positive business outcomes these technological and analytic evolutions can drive into your organization. 

Historically, disruptors have profoundly changed the way that companies operate, e.g. the industrial revolution, the introduction of computers, outsourcing, etc.. In this session, we will examine some of the key disruptors that are changing the face of Procurement. Our discussion will address the effect of these disruptors and how leaders are not only reacting, but taking advantage of these changes to thrive in this new world order of Procurement.

Join with your colleagues to discuss how SIG members measure the benefits achieved through innovation.  What are the criteria used, how do they separate "innovative" from traditional, how do these measurements feed back into greater innovation and benefits?  This session also showcases the four innovative products selected by SIGInnova for this Summit.  If you missed Monday afternoon's Innovative Products Forum this session will help you to catch up.  Review the uniqueness, value propositions and special benefits provided by these four diverse products for SIG's members.

 

In this fun and highly interactive session our thought leaders will start with two very different actual negotiation exchanges and analyze how to apply specific collaborative techniques to each scenario. This session, derived from our negotiations Masterclass EIP, will explore the hard skills required to tackle hardcore collaboration.

Though many organizations are aware of and will mitigate business risks, procurement as a risk control function is often overlooked. Specifically, SRM (Supplier Relationship Management) is a key component of third-party risk management that can protect a company's business operations and reputation. Procurement and sourcing professionals, learn how to effectively manage your diverse and non-diverse suppliers as we cover the most common pitfalls of supply chain risk and discuss strategies best tailored to your team.

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