Author Archives: Billy LeProhon

GMSDC Partners with Insight Sourcing Group on Technology Support for Corporate Supplier Diversity

Collaboration to provide solutions for diverse supplier engagement and inclusive procurement.

ATLANTA, GA, UNITED STATES, September 16, 2022 /EINPresswire.com/ — The Georgia Minority Supplier Development Council (GMSDC) has partnered with Insight Sourcing Group to provide cutting-edge software and service solutions for the supplier diversity community. The GMSDC is the state of Georgia’s leading advocate for inclusive procurement and economic equity, having facilitated supply chain partnerships in Georgia since 1975. The GMSDC community includes more than 400 Georgia corporations and some 900 Minority Business Enterprise (MBE) firms who transact more than $9 billion in revenues annually.

The pandemic economy had a disproportionate impact on communities of color and minority owned businesses, with failure rates due to closures and cutbacks at much higher levels than their mainstream peers. There is now a renewed emphasis on economic equity across the spectrum in corporate supply chains, as large companies seek to implement enhanced strategies for economic inclusion. This partnership between the state’s top supplier diversity advocate and a leading strategic sourcing and procurement firm will revolutionize the way corporate supply chains engage diverse suppliers and partner with them to do business.

“Making DE&I actionable by incorporating world-class best practices and smart technologies results in tremendous benefits not only for the supplier community and corporations, but also for the broader local and state economic base,” states Rod Robinson, SVP & Supplier Diversity Practice Leader at Insight Sourcing Group. “We are honored to be providing these foundational elements to advance the GMSDC members’ access to diverse suppliers. We want corporations to not only count spend, but make that spend count; develop capacity, increase revenue and expand their base of suppliers. ”

While many procurement organizations face challenges achieving established Supplier Diversity goals, many more struggle to simply get started due to poor spend visibility, lack of quality benchmarks and the inability to locate qualified diverse suppliers within relevant spend categories. The partnership between the GMSDC and Insight will provide smart solutions and tools to enable corporate procurement organizations to launch new or accelerate existing Supplier Diversity initiatives.

Stacey Key, the President and CEO of the GMSDC, sees the Insight relationship as a game-changer for corporate supplier diversity programs. “The GMSDC is in the process of revamping its toolkit for supplier diversity professionals, by providing new best practices guidance and enhanced access to innovative solutions to their challenges,” says Key. “The Insight partnership is one part of a major effort to reimagine supplier diversity in a post-pandemic economy. If we can support our current and future members in engaging more diverse companies and making better use of their resources, we can achieve economic equity in Georgia.”

Insight Sourcing Group provides world class solutions for rapid impact and long-term sustainability. As a strategy consultant to supplier diversity programs, the expertise they bring to the GMSDC’s dynamic corporate community is vitally important. Additional information about solution specifics and partnership resources will be forthcoming. For more information, visit insightsourcing.com and gmsdc.org.

About the GMSDC
The Georgia Minority Supplier Development Council, Inc. (GMSDC) is a not-for-profit organization that fosters value-driven partnerships that may otherwise not be possible between corporate entities, ethnic minority-owned businesses and government entities in the state of Georgia. With over 400 national and local corporate members and more than 900 certified minority business enterprises, the GMSDC recently celebrated 47 years as a leader in supplier diversity and minority business development. For more information, call 404-589-4929 or visit www.gmsdc.org.

About Insight Sourcing Group
Insight Sourcing Group is the premier firm in North America exclusively focused on strategic sourcing, cost optimization and procurement operations transformation. Founded in 2002, Insight’s capabilities are designed to accelerate impact through the expertise of its 250+ procurement experts, its market-leading Category Center-of-Excellence model, and practices specializing in Supplier Diversity and Energy Management & Sustainability. For over 20 years, its deep bench of sourcing and category experts has executed over 7,000 sourcing projects, and within the last year alone, they have achieved over $1.25 billion in savings for clients with an average 7:1 one-year ROI. To learn more, visit www.insightsourcing.com

Emily Yang
Georgia Minority Supplier Development Council
+1 404-589-1828

Insight Sourcing Group Commits to 100 Percent Renewable Energy by 2030

Sustainability initiative aligns with firm’s commitment to the same environmental standards it helps clients attain.

ATLANTA–(BUSINESS WIRE)–Insight Sourcing Group (ISG), North America’s leading consulting firm focused exclusively on strategic sourcing and procurement-related services, has launched a sustainability program aligned with the organization’s commitment to environmental stewardship, renewable energy, and waste reduction.

Following a comprehensive analysis by Insight Energy, a subsidiary of Insight Sourcing Group that recently expanded amid growing demand for its strategic services, ISG set a 100 percent renewable energy goal for 2030 which includes a commitment to sourcing its electricity from renewable sources at its Atlanta headquarters beginning in 2022.

“Not only do we apply the same standards to ourselves that we help our clients achieve, but we also sought to pull back the curtain on this process and bring some transparency to this increasingly important service offering,” said Brent Eiland, President of Insight Sourcing Group. “I commend the work of ISG’s Internal Sustainability Committee led by Brandon Owens, Vice President of Sustainability at Insight Energy, whose team is truly committed to creating long-term value for our clients – and ourselves – with sustainability at the forefront.”

As part of the initiative, ISG conducted a measurement of its Scope 1, Scope 2, and selected Scope 3 emissions categories. Based on the findings, ISG developed a roadmap to achieve 100 percent renewable energy and established a plan to measure and reduce Scope 3 emissions, which are indirect emissions like business travel. The Sustainability Committee also identified opportunities to reduce emissions from employee commuting via hybrid work models and a carpooling incentive program. Waste identification and reduction posed another opportunity to improve sustainability, with internal audits revealing an opportunity to reduce the use of single-use paper cups.

Furthermore, ISG’s procurement of Renewable Energy Credits (RECs) will certify the generation and consumption of renewable energy via wind or solar power. These commitments and actions place ISG among the leading professional services firms worldwide who are taking action to help address the global challenge of climate change by conducting business in an environmentally responsible manner.

The company’s sustainability initiative stems from its forward-looking culture of strong leadership, collaboration and progress. For 14 consecutive years, Inc. Magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America. In addition to its consistent recognition by Forbes as one of America’s Best Management Consulting Firms, Insight Sourcing Group is consistently ranked by Vault.com among the Top 50 Consulting Firms in the U.S., the Best Small Firms to Work for by Consulting Magazine, and one of the Best Places to Work in Atlanta by both the Business Chronicle and the Atlanta Journal-Constitution.

About Insight Sourcing Group

Insight Sourcing Group is the premier firm in North America exclusively focused on strategic sourcing, cost optimization and procurement operational transformation. Founded in 2002, Insight’s capabilities are designed to accelerate impact through the expertise of its 250+ procurement experts, its market-leading Category Center-of-Excellence model, and practices specializing in Supplier Diversity and Energy Management & Sustainability. For 20 years, its deep bench of sourcing and category experts has executed over 7,000 sourcing projects, and within the last year alone, they have achieved over $1.25 billion in savings for clients with an average 7:1 one-year ROI. To learn more, visit insightsourcing.com.

Insight Sourcing Group Announces First VP of Marketing to Support Aggressive Growth Initiatives

Kristalyn Mumaw joins Insight Sourcing Group to amplify the firm’s marketing strategy and support rapid growth plans.

ATLANTA, July 19, 2022–(BUSINESS WIRE)–Adding to its core leadership team, Insight Sourcing Group is pleased to announce the arrival of global brand executive and growth marketing expert, Kristalyn Mumaw, as its first Vice President of Marketing. In her new role, Ms. Mumaw will amplify Insight’s marketing strategy and support Insight Sourcing Group’s rapid growth plans.

“I’m honored to serve as Insight Sourcing Group’s first VP of Marketing during such an exciting period of innovation for the firm,” said Mumaw. “Marketing initiatives are a critical component in a company’s growth journey, especially one that is as fast-moving, steady, and successful as Insight’s. I warmly thank the executive team for entrusting me with supporting their long-term growth objectives.”

Having most recently served as Global Marketing Director for Polyvision, Ms. Mumaw is an award-winning marketing leader with over 26 years of experience in revenue-generating, multi-disciplined global marketing; communications; sales; product development; M&A brand integration; multi-channel development; partner management and more. Her experience includes direct marketing strategy for Dell Technologies, eBay, National Grid, Hitachi, LG Solar, The North Face, and other well-known global companies and brands. Ms. Mumaw’s experience solidifies her reputation as a “go-to” strategist for structuring profit-focused marketing approaches. In addition, she also serves as a business community advocate in the Greater Metro Atlanta region and was the founder of KCA Services, an Atlanta-based marketing strategy and analytics consulting firm.

“Bringing a wealth of knowledge and innovative thinking in the marketing field, Kristalyn will accelerate our growth plans as we continue to expand our integrated suite of procurement service offerings globally,” said Tom Beaty, Founder and CEO of Insight Sourcing Group. “We have become the largest “pure play” strategic sourcing and procurement consulting firm in North America, and I am excited to work with Kristalyn to help expand awareness of our robust capabilities in new markets.”

In its ongoing growth efforts, Insight announced last month the arrival of Jonathan Rutman as its newest Business Development Executive; and in 2021, Insight added two key leaders to its executive team, Brandon Owens, Vice President, Sustainability and Rod Robinson, Senior Vice President, Supplier Diversity.

For 14 consecutive years, Inc. Magazine has ranked Insight among the fastest-growing private companies in America. In addition to its consistent recognition by Forbes as one of America’s Best Management Consulting Firms, ISG is consistently ranked by Vault.com among the Top 50 Consulting Firms in the U.S., the Best Small Firms to Work for by Consulting Magazine, and one of the Best Places to Work in Atlanta by both the Business Chronicle and the Atlanta Journal-Constitution.

About Insight Sourcing Group

Insight Sourcing Group is the premier firm in North America exclusively focused on strategic sourcing, cost optimization and procurement operational transformation. Founded in 2002, Insight’s capabilities are designed to accelerate impact through the expertise of its 250+ procurement experts, its market-leading Category Center-of-Excellence model, and practices specializing in Supplier Diversity and Energy Management & Sustainability. For 20 years, its deep bench of sourcing and category experts has executed over 7,000 sourcing projects, and within the last year alone, they have achieved over $1.25 billion in savings for clients with an average 7:1 one-year ROI. To learn more, visit insightsourcing.com.

Insight Sourcing Group Adds Business Development Executive to Support Aggressive Growth Goals

Jonathan Rutman joins Insight Sourcing Group to support its significant growth goals and further amplify its integrated suite of procurement service offerings.

ATLANTA, Georgia  — June 29, 2022 — Adding to its robust team, Insight Sourcing Group announces Jonathan Rutman as its newest Business Development Executive to support its significant growth goals and to further amplify its integrated suite of procurement service offerings.

“Leveraging my two decades of experience supporting senior finance, procurement and supply chain executives, I’m excited to join North America’s leading procurement-focused management consulting firm,” said Rutman. “I look forward to further amplifying Insight’s market leading ability to capture and reduce cost savings whilst advising corporate America in advancing its ESG and DEI goals.”

Prior to Insight, Rutman most recently served as a Global Strategic Account Leader at Gartner. Here, Rutman supported the largest and most complex client relationships for the firm’s supply chain practice. Throughout his 20+ years of experience, Rutman has held regional sales director and senior consulting roles at The Hackett Group, CBRE, Arthur Andersen, and KPMG Consulting—with a focus on management consulting, enterprise and SaaS software strategy, and enabling senior executives to execute on their most strategic and critical initiatives.

“We’re proud to have Jonathan join our firm at a time when corporate executives need our counseling the most,” said Jake Wojcik, Executive Vice President at Insight Sourcing Group. “His stellar experience will allow us to further cultivate new relationships and expand our offerings across our portfolio of Fortune-500 and Private Equity firms as financial executives and procurement leaders look to increase spend visibility, accelerate strategic sourcing savings, and amplify procurement best practices, amid the climate of today’s market.”

For 14 consecutive years, Inc. Magazine has ranked Insight among the fastest-growing private companies in America. In addition to its consistent recognition by Forbes as one of America’s Best Management Consulting Firms, ISG is consistently ranked by Vault.com among the Top 50 Consulting Firms in the U.S., the Best Small Firms to Work for by Consulting Magazine, and one of the Best Places to Work in Atlanta by both the Business Chronicle and the Atlanta Journal-Constitution.

About Insight Sourcing Group

Insight Sourcing Group is the premier firm in North America exclusively focused on strategic sourcing, cost optimization and procurement operational transformation. Founded in 2002, Insight’s capabilities are designed to accelerate impact through the expertise of its 250+ procurement experts, its market-leading Category Center-of-Excellence model, and practices specializing in Supplier Diversity and Energy Management & Sustainability. For 20 years, its deep bench of sourcing and category experts has executed over 7,000 sourcing projects, and within the last year alone, they have achieved over $1.25 billion in savings for clients with an average 7:1 one-year ROI. To learn more, visit insightsourcing.com.