Risk Management Sustainability Trends

003: The Top 3 Priorities for Procurement Leaders in 2016, with Geoff Talbot of SIG

Today, I welcomed Geoff Talbot, Vice President of Membership Services at Sourcing Industry Group (SIG) to the show to discuss the key procurement priorities that SIG is seeing across its corporate member community as we head into 2016.

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SIG is perfectly positioned to see the key trends that are impacting the procurement community.  They are an executive network of procurement leaders and outsourcing professionals represented by both buy side and sell side organizations.  Their member companies are made up of Fortune 500 and Global 1000 organizations, and SIG hosts summits, symposiums, roundtables and webinars on a regular basis sharing best practices and trends that will impact their community.  I was delighted to welcome Geoff onto the show to share what SIG is seeing in terms of the most pressing procurement priorities in 2016.

In this episode, you will learn:

  • The recurring themes from conversations with SIG member companies that are shaping their procurement priorities in 2016
  • Which industry is bracing themselves for tighter regulatory requirements with regards to third party risk management?
  • What is the risk factor that is causing most concern for the former CIO of the White House?
  • What is Corporate Social Responsibility (CSR) and how does it apply to procurement?
  • How procurement can elevate its value proposition by integrating CSR management into its daily activities.
  • The impact on talent planning based on the expectation that 50% of the workforce will be non-employees by 2020.
  • The growing importance of procurement outsourcing as a delivery model, and the use cases among the SIG member community.

Links and Resources:

Thanks for Listening!

 

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.

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