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The SIG Webinar will begin shortly.
Once the webinar begins, the sound will come from your computer
speakers.
In the meantime, please take a look at the upcoming SIG networking events listed on the right side of your screen
and plan to join us if you are in one of these cities this fall.
NETWORKING EVENTS
GLOBAL SUMMITSOct 27-29 – Huntington Beach
SYMPOSIUMS
Sept 17 – Columbus, Ohio
Oct 15 – New York, NY
REGIONAL ROUNDTABLES
Sept 16 – London
Oct 1 – Washington, D.C.
For more information and to register for all SIG events:
www.sig.org
You must be logged in to the SIG website to access the Loyalty Program.For more information and to register for all SIG events:
www.sig.org
Become a SIG Champion and earn points in the process by…
•Attending a networking event
•Dialing into an online event
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•And more
Redeem points for great rewards!
•Collect and redeem points for items ranging from small gadgets
to large high-tech electronics
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RECENT POSTINGS
The SIG Career Network is
bursting with opportunities.
New jobs are posted daily by some
of the best known global companies in the world for those
seeking careers in sourcing, outsourcing, procurement and
related functions.
For more information go to: www.sig.org/career-center.php
NEW to the Career Network!
• DTCC – posted August 21
• Mid-level Strategic Sourcing Partner
• Procurement Specialist
• Corporate Procurement Sourcing
Specialist
• Senior Procurement Specialist
• Strategic Sourcing Specialist
• Unum Group – posted August 17
• Category Manager
• Bloomberg – posted August 17
• Category Manager – Travel & Expense
• Team Leader, Purchasing
• Georgia-Pacific – posted August 13
• Central Buyer
• Sourcing Manager
• Motorist Insurance Group – posted Aug 10
• Sourcing Consultant
• Sourcing Advisor
bit.ly/SIGLinkedIn @SIGinsights bit.ly/SIGfacebookbit.ly/SIGYouTube
Join the discussion in SIG’s Peer2Peer Resource program too!
Stay connected with other SIG members through various social media channels
SOCIAL MEDIA
bit.ly/SIGBlog
New Topic Each Week2:00 pm Eastern
(11:00 am Pacific)
Upcoming Free SIG Webinars:
August 27, 2015Using Independent Contractors: Trends, Concerns and OpportunitiesPresented by Beeline
September 3, 2015Balancing Labor Spend with Candidate QualityPresented by PeopleTicker
September 8, 20157 Best Practices Using Staff Augmentation or Outsourcing for Administrative and Facilities ResourcesPresented by Canon Business Process Services
Register at www.sig.org
For more information and to register for all SIG events:
www.sig.org
Upcoming Town Hall Teleconference:
September 9th
Owning the Procurement Function
Presented by:
Tom CiardielloVice President, Strategic Sourcing
Options Clearing Corporation
SIG Town Hall Teleconferences
bring a small group of buy-side ONLY attendees together for a facilitated
discussion on top-of-mind issues in an open-mic, private conversation. Town Hall Teleconferences are NOT recorded.
Calendar of Town Hall Teleconferences
Taking place at 1:00 pm Eastern on the following dates:
February 11 August 12 April 8 September 9 May 13 October 14
June 10 November 11July 8 December 9
For more information and to register for all SIG events:
www.sig.org
SIG Symposiums and Regional Roundtables provide education and local networking for members and invited non-member corporate users
Symposiums 2015:
Minneapolis, MN – Mar 25
Toronto, Canada – June 1
Columbus, OH – Sep 17
New York, NY – Oct 15San Francisco Bay Area – Nov 10
Regional Roundtables 2015:
Houston, TX – May 13
London – Sept 16
Washington, D.C. – Oct 1
Raleigh, NC – Nov 5 Sydney, AU – Nov 11
For more information and to register for all SIG events:
www.sig.org
SIG Global Summits are semi-
annual events with 350-450
decision-makers in attendance
• Non-commercialized
• Hundreds of industry thought
leaders
• 70% buy-side
• 4-5 keynote sessions
• Global brands
• 3 days of networking
• CPO Roundtables
• Nearly 50 breakout sessions
69% of delegates are director level or above, of which 43% are VP/C-level
www.sig.org/fall15
Recent speakers include:
For more information go to: www.sig.org/siguniversity
Online certification program
Associate, Professional, Advanced Professional and Executive level courses
Modules with lessons, formative assessments, summative testing and final proctored exam
Certification good for 5 years
Interested in providing input?
Let us know!
For more information go to: www.sig.org/universityoutreach
Partnering with Universities
Introducing students to seasoned supply chain executives
Sharing thought leadership with students in class, SIG University courses and at SIG events
Giving access to internship and job postings on the SIG Career Network
Allowing students to get real world insight into supply chain careers
Finding tomorrow's supply chain professionals today
Pulse of Procurement 2015
Today’s Speakers
Richard Waugh, VP Corporate Development, Zycus Inc.
Richard has an extensive background in B2B E-Commerce. He helped launch GE's
Trading Process Network (TPN), the first on-line Marketplace for Sourcing and
Procurement. He was also Co-Founder of B2eMarkets, one of the first SaaS
(Software as a Service) Sourcing Suite providers and later covered the Supply
Management market as an Industry Analyst for the Aberdeen Group.
Ian Hinke, Vice President Sourcing & Vendor Management, PHH Mortgage
Ian is an accomplished executive leader in the Automotive and Financial Services
sectors, with a wide range of functional experience in diverse global markets. He is an
MBA with High Distinction from the University of Michigan. Ian strives for achieving
excellence in operations and strategic sourcing leading teams by example with clarity of
vision and appreciation for results, and values and pursues innovative solutions to grow
customer satisfaction and gain competitive advantages.
About Zycus: Comprehensive S2P Suite
Pulse Study Demographics
• More than 400 responded
• Mainly large organizations; 80%
>$500M in revenues
• Nearly 70% Americas
• Over 3/4th from Procurement
Management
C-Suite View of Procurement
2%
15%
48%
35%
Overhead only/no value
Peripheral to strategy/low value
Important to strategy/moderate value
Critical to enterprise/high value
Overhead only/no value Peripheral to strategy/low value
Important to strategy/moderate value Critical to enterprise/high value
Top Priorities for Procurement
0% 20% 40% 60% 80% 100%
Improved compliance
Supply risk management
Supplier performance
Process efficiency/productivity
Cost savingsPercent selecting among top 3
objectives
Innovation23
%
Business/market
intelligence
13
%
Cash flow/working
capital
20
%
Extended global
reach
11
%
Speed/cycle time
reduction
20
%Outsourcing 9%
Support sales
revenue/growth
18
%
Support market
share growth8%
Other Priorities as mentioned
Poll Question #1
Which of the following is the top priority for your
procurement organization in the next 12 months?
a. Cost savings
b. Process efficiency/productivity
c. Supplier performance
d. Supply risk management
e. Improved compliance
f. Other
Budgets Flat to Increasing from 2014 to 2015
Up37%
Same33%
Down24% Don't
know6%
Procurement Budgets
Up37%
Same36%
Down19%
Don't know8%
Capital Budgets
Up29%
Same40%
Down21% Don't
know10%
Labor (FTEs) Budgets
Cost Savings Objectives34
% 39%
18%
5%
2% 2%
0 -5% 6-10% 11-15% 16-20% 21-25% 25% +
Weighted Avg: 8% of total spending
Low savers 7%
Mid savers 8%
High savers 12%
Procurement Maturity
19%
29%
28%
22%
3%
Sta r t i n g /e a r l y w i n s
G a i n i n g m o m e n tu m
Ex te n d i n g i n f l u e n c e
Sy s te m a t i c w i n s G l o b a l b e s t i n c l a s s
Poll Question #2
How would you assess the current level of
your procurement organization’s maturity?
a. Starting/early wins
b. Gaining momentum
c. Extending influence
d. Systematic wins
e. Best-in-Class
Spend & Savings Benchmarks1
1% 2
0% 26
% 31
%
12
%
< 2 0 % 2 1 - 4 0 % 4 1 - 6 0 % 6 1 - 8 0 % 8 0 % +
Spend Under Management (SUM)
14
%
39
%
34
%
8%
5%
< 5 % 5 - 1 0 % 1 1 - 2 0 % 2 1 - 3 0 % 3 0 % +
Cost Savings
Weighted Avg: 53% down from 57% in 2014
Contract Compliance Benchmark
10
%
21
% 25
%
26
%
18
%
< 2 0 % 2 1 - 4 0 % 4 1 - 6 0 % 6 1 - 8 0 % 8 0 % +
Weighted Avg: 55% down from 57% in 2014
Technology Adoption – Spend Analysis
Technology Adoption – Contract Management
Technology Adoption - eSourcing
Technology Adoption – Procure-to-Pay
Technology Adoption – Supplier Management
Poll Question #3
Which of the following is your top priority for
technology investment in the next 12
months?
a. Spend Analysis
b. Contract Management
c. eSourcing
d. Supplier Management
e. P2P (Procure-to-Pay)
57
%
48
%
39
%
E n t e r p r i s e p r o c u r e m e n t
S B U - l e v e l p r o c u r e m e n t
S t a k e h o l d e r s
Overall Adoption by User TypeHigher adoption (by all users) correlates to
greater performance……
KPI Constituency LowTier 1
MidTiers 2 & 3
HighTiers 4 & 5
Cost
savings
Enterprise
procurement46% 57% 67%
SBU-level
procurement33% 48% 56%
Stakeholders 21% 39% 52%
....Stakeholder adoption exceeds 50% for top
performers – more than 2x lowest
Technology Adoption – User Adoption & Performance
Preview – More Insights for the New Age Super CPO
Stay Tuned for our Infographic carrying insights and benchmarks related to today’s
webinar and how a new age CPO might use them!
We will mail the link to you soon!
Horizon 2015 - Oct 4th to 6th - The Ritz-Carlton Lodge, Reynolds Plantation, GA
Get in-depth advice from
procurement practitioners &
analysts
Benchmark your organization’s
maturity with peers
Build rich business relations
through focused networking
sessions
Let your hair down in the
signature evening networking-
cum-entertainment party at
the scenic Reynolds Plantation
Keynote Speaker
Stephen J. DubnerAn award-winning author (Freakonomics,
SuperFreakonomics, and Think Like a
Freak), journalist, and radio & TV
personality
REGISTER NOW!*
100+ Companies | 200+ Attendees | 25+ Sessions | 30+ Speakers
www.horizon.zycus.com
*Use Promo Code: SIG 699 to get $200 discount
How can we help you?
Richard Waugh
VP – Corporate Development,
Zycus Inc.
Contact Information
Thank You for attending this Web Seminar!