2020 Year in Review
Intelligent Growth in the Headwinds of 2020.
Growth in 2020
in 2020
Clients Served in 2020
Projects Completed
Leading the Charge in Category Excellence
Strategic Sourcing continues to be the core competency of Insight Sourcing Group. In 2020, our team executed 614 strategic sourcing projects across 229 unique categories and achieved over $1.2 billion in total contracted client savings.
Here are the top 5 category areas we sourced for clients over the past year.
Top 5 Category Areas Sourced in 2020
2020 Awards & Accolades
13th Consecutive Year
Inc. 5000 List of Fastest-Growing Private Companies
SDCE 100 Winner
Most Successful & Innovative Supply Chain Projects of 2020
13th Consecutive Year
Best Places to Work in Atlanta
(Large Employers)
World Procurement Awards
Best Procurement Consultancy
Project Finalist
4th Consecutive Year
Forbes list of America’s Best
Management Consulting Firms
7th Consecutive Year
Spend Matters Procurement
Provider to Know
SpendHQ is our market-leading spend analytics and visibility platform that provides procurement teams with the insights they need to make more meaningful decisions with their spend data.
$950B
Spend Data Analyzed in 2020
38%
ARR Increase in 2020
2,205
New Users Created in 2020
SpendHQ 2.0 Launched
In April, we launched our first complete, ground-up rebuild of our original industry-leading, award-winning SaaS spend visibility software. Leveraging modern components and highly advanced technologies, such as AI and Machine Learning, the SpendHQ team has designed the new product as a highly efficient spend analytics platform for rapid growth and innovation.
2020 SaaS Awards
Best SaaS for BI or Analytics
Finalist
Key Solution Provider of the 2020s
Ardent Partners
2020 CODiE Award Winner
Best Big Data Tools
& Platforms
Our Enterprise Energy Solutions division helps clients identify and implement company-specific savings opportunities through improved spend visibility, energy procurement and price risk management, and energy efficiency and demand management.
$6.5B
Client Energy Spend
Under Management
313
Energy Conservation
Projects
86.9M
Lbs. of CO2
Emissions Reduced
Insight Analytics is our technology-enabled managed service that brings big data and analytics to Procurement. We leverage state-of-the-art procurement category analytics and automation to stop savings leakage and uncover incremental value for our clients.
$1.4B+
Annual Spend of Active Categories Under IA Management
$195M
Annual Projected Savings of Active Categories Under IA Management
$20M
Recovered Savings that Would Have Leaked Due to Price & Compliance Issues
$95M
Total Incremental Savings Discovered for Clients
Insight Sourcing Group is proud to sponsor the Witness to War Foundation, a non-profit 501(c)(3) dedicated to preserving the stories of individual combat veterans. The Foundation focuses on the ‘foxhole’ or ‘windshield’ view of combat as seen by the soldiers, sailors, and airmen who experienced it. It is about the fear, the emotions, the training, and the previously untapped wells of personal courage that enabled ordinary individuals to survive, and in some cases thrive, under extraordinary pressures and almost unimaginable danger.
Virtual
Interviews
Due to the ongoing pandemic, Witness to War has switched to an online, virtual interview model until at least Spring, 2021. These interviews are being conducted via Zoom, and allow the veterans to participate in an interview in the safety and comfort of their own home. We still provide the veterans and their family DVD copies of these interviews.
Content
Provider
Witness to War has been sharing content with several museums around the country, in addition to various organizations that are producing documentaries and virtual programs. These include, but are not limited to, the National Veterans Memorial and Museum, National Infantry Museum, World War II Foundation, and many more.
Educators
Module
As many teachers continue to teach students in a remote format, Witness to War’s FREE hand-selected ‘Modules’ for teachers and educators around WWII, Korea, & Vietnam War battles are a great way to enhance home-learning and keep students engaged in the content that is being covered in their lessons.
Veteran Highlight Stories
Freddie Owens
A Company, 1st Battalion,
5th Cavalry Regiment, 1st Cavalry Division
Freddie Owens shares his experiences during the ill-fated march to Landing Zone Albany during the battle of the Ia Drang Valley. His company was attached to another unit and was bringing up the rear. He credits his company commander, George Forrest, with saving them after the column walked into an ambush.
Patty Justice
7303rd Medical Training Support Battalion,
1st Medical Training Brigade
Patty Justice details a too-close-for-comfort interaction with a vehicle-borne IED. The IED came as a complete surprise and the entire F.O.B. fell into what Justice could only describe as “chaos” immediately following the explosion. She suffered several injuries and had to work with the nurses back in Bagram and depend on the friendship of a comrade to come back from the injuries.