SIG The Sourcing Industry Landscape

Collective Knowledge is Power w/ Envision Healthcare, Russell Investment, and ONTALA (SIG Future of Sourcing Awards Series)

Welcome to a special edition of the Sourcing Industry Landscape podcast, hosted by Dawn Tiura, where we highlight Sourcing Star Award finalists for Sourcing Industry Group’s (SIG) Future of Sourcing Awards.

The finalists on this show have led teams that champion intricate processes and complex governance issues, while humbly noting that their team’s input and expertise help produce the final, positive outcome.

The Sourcing Star Award recognizes an individual who has demonstrated inspiring, insightful and innovative work in the sourcing field over the course of their career in the space.

About the Guests:

  • Deepak Bansal, Head of IT Sourcing and Vendor Management, Envision Healthcare (EVHC) – As EVHC undergoes a divestiture of its business, Deepak has led the effort to disentangle hundreds of IT contracts while maintaining cost consistency. Deepak shares the details of the disentanglement methodology that he developed, which will also be published in Forbes, alongside his thought leadership content on information technology, vendor risk management and sourcing.
  • Kristin Gallagher, Director of Global Sourcing and Investment, Russell Investments – Kristin led the transformation of a market data project for Russell Investments, an extremely difficult category to manage in financial services. She not only drastically reduced spend but received recognition for best-in-class management when benchmarking the category against 10 peer companies, including Northern Trust, JPMorgan Chase and Bank of New York Mellon, among others.
  • Linda Tuck Chapman, President, Ontala Performance Solutions – Linda was one of the first CPOs in the financial services industry. She is currently CEO of her own consulting firm and a leading expert in third-party risk. Linda is a published author, an adjunct professor at the Wharton School of Business and one of the founding members of the SIG Resource Center. She also serves as faculty for SIG University’s Certified Third Party Risk Management program.

About this Series:

Over the coming weeks, listeners will be introduced to the teams and individuals whose work has had significant impacts on the industry, the organizations for which they work and their colleagues. The Future of Sourcing Awards will take place at SIG’s Fall Global Executive Summit on October 17 in Rancho Mirage, California.

Links and Resources:

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.