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Getting from ‘Adapting’ to ‘Learning’

“Adapting.” It’s a single word that describes how many of us are carrying on personally and professionally amid the COVID-19 disruption. SIG is no different.

We held our inaugural Procurement Technology Summit in May as a completely virtual event. It was new territory for SIG, but we were committed to making the attendee experience every ounce as valuable as a face-to-face event.

“Learning.” It’s what every single one of us needs to focus on now as individuals and at the organizational level.

As the business world adapts and learns how to navigate COVID-19, it will become more vital than ever for companies to encourage their people to upskill. Whether you scrapped your 2020 strategic plan and are starting afresh or are pivoting your nimble team toward a new direction, workforce education will be key.

SIG Summit dispatch: Procurement with purpose in the COVID-19 Era

Continuing with coverage of the digital SIG Procurement Technology Summit this week, I attended session No. 18: “Procurement with a Purpose in the COVID-19 Era.” Moderated by our own Sheena Smith, Managing Director of North America for Spend Matters, the session included three panelists: Paul Polizzotto of Givewith, Adam Vasallo of Big Brothers Big Sisters and Sushmita Banerjee of Boston Consulting Group.

As supply chains touch essentially everything every day, not just in this era of COVID-19, procurement is becoming increasingly human and personal — people are being furloughed, companies are actually consulting their force majeure clauses and asking for concessions, etc. While procurement departments are impacted and have gone back into cost-cutting mode, communities are also incredibly impacted. As such, how can you, as procurement, make your spend count in a way that benefits buyers, sellers and nonprofits?

SIG Summit: Exploring technology for SOW-based services procurement

The SIG Procurement Technology Summit, being held online this week, has been providing its attendees with an immersion in “industry trends, innovations and solutions that are shaping high-performance teams and best-in-class procurement organizations.” While procurement is responsible for efficiently securing materials, goods and services, procurement of SOW-based services may be one area in which fit-for-purpose technology is wanting. SIG was not about to miss this gap.

Realign, Reimagine, Reconnect: How COVID-19 is Making Us Re-evaluate

While our lives and the way we work have been upended in recent weeks by the COVID-19 outbreak, many of us feel like we’re finally somewhat settling into this new, uncertain normal.

There is no finish line on the horizon for when the coronavirus will be brought under control. However, it is crucial to remain focused on the future by investing in our own knowledge, industry dialogue and professional networks now.

If you’re like me, you have been disappointed to see many of your favorite spring events and conferences canceled or postponed. That’s why at a time when we need solutions and to remain connected more than ever, SIG is excited to bring you our fully online Procurement Technology Summit, from May 11 to 15.

Procurement Leaders: Hit the Refresh Button in 2020 at SIG’s Procurement Technology Summit 

Updated April 20: SIG has provided the latest information about its summit, which is now online only to accommodate coronavirus concerns.

SIG is committed to staying at the forefront of all the forces impacting our industry. With a global pandemic forcing many to work from home, we have moved the SIG Procurement Technology Summit from an in-person event to a fully online event taking place May 11 to 15, 2020. You can join us for just a few hours each day right from your home office.

A Holiday Gift Your Team Will (Actually) Appreciate

This time of year, giving presents to your team members and colleagues can be awkward no matter how well you know them. Look beyond the restaurant gift cards, trending gadgets and dried-out fruitcakes to a gift that will deliver an actual return on investment — an industry-recognized certification. By coming together in a virtual classroom, you’ll avoid those awkward, gift-giving faux pas and delight your team with an investment in their professional development to sharpen their skills, boost performance and credibility with both stakeholders and management, and contribute to the overall success of the organization.

5 tips from SIG on presenting at procurement industry events

Presenting at an industry event is an important step in any professional's career. It is also an excellent opportunity to promote, showcase and reward a team for a job well done. But most importantly, it is a critical factor in keeping an industry relevant, competitive and strong. Every professional worth their salt should consider it their duty to share their successes and failures.

Of course, in order to present at an industry event, you must first submit a proposal in the form of a session abstract. Sourcing professionals are well-versed in writing business cases and category strategies, and we have all read our fair share of good and bad proposals. However, when it comes to writing a speaking proposal, many sourcing professionals don’t give it the time or energy it deserves. These abstracts are often used to describe your session, and if the goal is to share your thought leadership, you will want to make sure your abstract grabs your audience’s attention. Consider the following five tips to write a compelling proposal for your next industry event.