I look forward to covering the event on Spend Matters next week. SIG is an organization that's growing by leaps and bounds. They recently inked a partnership with my colleague and friend Phil Fersht, bringing his firm, HfS, into the Sourcing Interests Group mix. I'm still trying to figure out what single malt distillery Dawn purchased for Phil to convince him to come on board with this arrangement, but I'm sure we'll get the exclusive scoop on it at some point. Regardless, I've heard from numerous sources that SIG's membership base has greatly expanded in the past year, bringing on board hundreds of new individual members to various events that represent a variety of practitioner organizations and vendors. It seems that every week some provider tells me that SIG membership is expensive. But I know that most who sign up end up sticking with it. You pay for quality, I suppose.
Speaking of quality, I've always found Procurement Leaders events to be a class act, especially from a networking and venue perspective (their next event is at the Union League Club of Chicago, which has their own Monet -- look for it in the staircase area off to the side if you attend). Later this month, I'll be facilitating a roundtable group at their Chicago Forum. If you're going to the event, be sure to sign up and join us for the interactive session: Beyond Strategic Sourcing 101: Making the Case for Commodity Management Approaches and Total Cost Modeling to Drive Cost Savings, Cost Avoidance and Risk Reduction. Spend Matters is excited to continue our collaboration with Procurement Leaders on a range of fronts this year, one of which you'll be hearing about in the not-to-distant future (which promises to shake up how we research and learn about how best to source and manage specific categories of spend).
- Jason Busch