Procurement Leaders: Hit the Refresh Button in 2020

Why the SIG Procurement Technology Summit is worth your while

By Dawn Tiura
CEO &President
Sourcing Industry Group (SIG)

SIGis 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 – 15, 2020. You can join us for just a few hours eachday right from your home office.

It was from our unique sightline into sourcing we recognized procurement technologies advance so quickly that many people simply aren’t able to stay in the know. Awash in information, many of us are uncertain which digital technologies deliver and which are hype. While none of us can predict the future, we can be ready for it. That’s why we’re placing digital procurement and emerging technologies center stage for four days.

Fresh format, new frontiers

Your time is precious. The SIG Procurement Technology Summit promises not to waste it. Why spend months trying to get up to speed on all the latest research when you can acquire the knowledge you need at one event? You’ll learn from a variety of solution experiences and find ways to source with more effectiveness and efficiency, reduce your third-party risk and improve the top and bottom line for your company.

Our Summits are known for drawing procurement leaders, technologist, futurists, researchers, data scientists, and VCs. For me, that’s a powerful piece of any worthwhile industry event—hearing from people you never would encounter when you’re head-down on your day-to-day tasks. We can’t solve problems if we don’t know who to talk to. When we do speak, nothing is more impactful than community. Previous attendees tell us that our Summit is truly a place to cross-pollinate ideas, and while we can’t be together in person, we can still interact and collaborate through technology.

While so many aspects of our work move at a 100 mph, there’s often room for improvement. To that end, our Summit will serve as the meeting grounds to help our industry ignite innovation. By facilitating executive-level collaboration, we’ll explore how to navigate common and uncommon roadblocks. Whether you’re facing challenges in digital implementation, stakeholder buy-in, accommodating the next generation of procurement talent or another kind of sourcing hurdle, we’ll be serving up solutions.

You don’t know what you don’t know, and there’s a lot to learn! Let us introduce you to some of the industry’s most innovative new procurement technologies. Plus, you’ll be able to hear from the procurement vendors worth ‘knowing’ or ‘watching’ when Spend Matters unveils its highly anticipated 7th annual ’50 Providers to Know’ and ’50 Providers to Watch’ Almanac listings for 2020.

We’re diving into the disruption of traditional processes to help you stay on the forward cusp of learning. That’s why our presenters will delve into how to properly leverage AI, RPA and machine learning to identify key market indicators and shifts so you won’t be caught off-guard by technological advances impacting our industry.

We know how daunting it feels to stay current on the latest risks and threats. Our event will help you have a clear picture of new risk frameworks. By attending for just a few hours each day during the week, you’ll be more knowledgeable about how to implement best and emerging practices to identify, assess, manage and keep control of third-party risk throughout the lifecycle of relationships.

As the procurement world becomes further steeped in digital transformation, corporate social responsibility continues to be a hot topic. In an era of consumer scrutiny, firms can’t afford to take an ethical misstep. Many companies strive to operate in a responsible manner but feel uncertain if they are doing it right. Our program will look at corporate responsibility head-on and include practical discussions around ways to minimize the negative societal impacts of technology advancements, including workforce displacement and sustainability.

Secure your spot

Our number one priority is to deliver an unmissable event that truly brings value to your work. We welcome everyone with an interest in sourcing to join us for the digital adventure. Attendance is free for all SIG member companies and buy-side members can bring your entire team at no additional cost. Registration is essential. Visit sig.org for pricing information for other attendee types.

We have virtual exhibit booths, with discounts available to nonprofits and start-ups. Looking for an impactful way to connect with attendees? Exhibitors will have demos at their virtual booths and provide an interactive atmosphere for delegates to experience their technology. It’s a unique opportunity to share information about your technology achievements, case studies or other innovations you’re driving.

Mark your calendars and visit our registration link. We hope you can join us in May to ignite your mind and impact the world.