SIG Resource Center
Innovations in Sourcing: Digital Procurement Transformation for University System
The client, a globally recognized public research university in the U.S., had to rethink its spend and sourcing strategy in the wake of the state reducing its funding. There were other compelling factors, namely, low RFx visibility, absence of spend management processes, lack of visibility into supplier performance and contract compliance, and no consolidated view of spend. GEP partnered with the client to drive a digital procurement transformation program, which, among other things, was aimed at improving spend visibility and compliance, and innovating sourcing.
About the Future of Sourcing Awards
The 2018 inaugural Future of Sourcing Awards program recognized organizations that showed innovation, leadership and transformation in categories critical to the sourcing industry. The Awards brought together some of the brightest minds, the best insights and the most relevant topics and created a truly remarkable experience. In eight categories our esteemed judges selected three finalists from many innovations in sourcing, outsourcing, third party management, supplier performance, digitization, governance/compliance, talent management, and sustainability.
Each nominee was invited to discuss their innovations in a podcast for The Sourcing Industry Landscape as well as a Ted-style Talk at the SIG 2018 Fall Global Summit. Finally, each nominee was asked to provide a handout for their Talk.
Outsourcing
Procurement Outsourcing / Transformation