Learning needs to be a lifetime priority for everyone. As a sourcing professional it needs to be more than a priority, it needs to be a passion. For me, that is the difference between an adequate employee and an excellent employee. In sourcing, we often discuss how you must be curious, you must be in touch with the world from economic, socio and political viewpoints to be able to reflect on all the ways our supply chains are impacted daily. Never mind thinking it is only about materials – a tsunami can wipe out a call center as fast as it can take out a manufacturing facility. A terrorist attack can stop material shipments at a border, or cause immigration policies to change. A shift in a country’s leadership can lead to social unrest, work stoppages and sabotage.
At SIG we are passionate about trying to bring to you all the changes that we see that might affect the way you perform your job today and plan for your work in the future. I’m still amazed by the number of you who read this newsletter, but do not attend our
weekly webinars, don’t access the
SIG Resource Center and don’t participate in
Peer2Peers (P2Ps). Is it because there is no need to learn from others? Is it because we’re covering a topic you already know? We were talking to a potential member company last year and they said they didn’t need to join because they already do the best job at sourcing and outsourcing of any Fortune 500 company. Can you imagine thinking you had nothing else to learn? I now use Amazon Prime and no longer shop at that company’s store…why bother when I have free two-day shipping on almost everything I buy…and save money in the meantime? I guess they don’t have anything to learn, do they?
Now, on the other hand, take a company like Target that puts a priority on learning, understands the customer, and innovates consistently. Target provides an iconic shopping experience that is pleasing to the eye and inexpensive on the wallet. They have recognized that Amazon is a competitor and matched prices, so if I can’t wait two days for free shipping, I know I can go to Target and get what I need at the same price. Target is an example of a company that is gaining foothold in North America because they are constantly learning more about their consumer and about how to improve their supply chains.
On that note, we at SIG realized it was time for us to give our members a better experience too, so we have completely
revamped our website! Phase One went live earlier this week and we have even more enhancements planned for the next phase. We’ve added a SIG
Peer2Peer (P2P) resource more available…provided links to industry news and relevant tweets, and improved the search functionality in our SIG Resource Center (SRC). Make sure you visit the website,
get a password to the
Resource Center and start using it. The site should be your first line of defense for any sourcing initiative. Use the search box in the
Resource Center to view by category or topic. Peruse the
templates, methodologies in the center and download and modify them for your use. View up to 36 months of past
webinars – recorded with audio and visual capabilities to hear interactive discussions on your category or topic. Download training materials for your teams and use business cases and studies to support your market intelligence needs. The SRC is built by our members for our members. It is designed and enhanced based on your requests and your contributions.
As we launch the new site, I wanted to highlight two items – first of all that the SRC came to life under the leadership of Linda Tuck Chapman, CPO of BMO Financial Group who for three years worked passionately alongside Mary Zampino (SIG’s amazing lead analyst) to drive the content. Linda has now passed the reins of the
SRC Thought Leaders Council over to Pamela Schott who is also bringing a passion for learning to the role. The second item I wanted to highlight is the
great article in this newsletter about BMO’s transformation. Linda is a true pioneer in sourcing and an amazing mentor and friend to many within SIG. I hope you get a chance to read the BMO story of transformation and reach out to Linda with any questions or comments.