Thank you for your interest in SIGInnova. Please complete this form for more information and to help us better understand how to serve your company.
What is the purpose of SIGInnova?
To help SIG’s large buy-side companies capitalize on their combined knowledge, experiences and buying power to increase their benefits from new, innovative Source through Supply chain (SSC) and related products.
How is SIGInnova organized?
The heart of SIGInnova is its Leadership Council, comprised of approximately 24 CPOs and selected other executives from SIG’s buy-side membership. All of SIG’s buy-side community members are eligible to participate in SIGInnova’s activities and to benefit from its services. SIGInnova is managed and staffed by SIG and the Wiegler Group (led by SIG’s founder and former CEO Barry Wiegler.) The Wiegler Group team includes senior venture, operations, technology, and innovation members.
What is the role of the SIGInnova Leadership Council?
Leadership Council members have several roles which include; (1) identify, discuss and evaluate issues, opportunities and ideas for new SSC products; (2) potentially participate in guiding development of selected new products; (3) evaluate new, innovative products and (4) Bring to SIGInnova’s attention new products and companies that may have significant potential.
What is SIGInnova’s policy with regard to confidential information?
With regard to each member company’s confidential information, each representative is expected to fully conform to her/his company’s policies. Providers that are being evaluated will be instructed to not disclose their confidential information to SIGInnova. In instances where further information may be needed from a provider for evaluation purposes, SIGInnova’s staff will consider and recommend how to proceed. Members are requested to not disclose information discussed in SIGInnova’s proceedings beyond their respective company.
If I serve as a member of the Board or an advisory users group for one or more providers, how do I balance my confidentiality obligations with regard to those providers while actively participating on the SIGInnova Leadership Council?
SIGInnova expects you to fully honor any such agreement or commitment with another provider. This will include ensuring that you do not share confidential information or perspectives learned from another provider during SIGInnova discussions and possibly recusing yourself from discussions or evaluation of potentially competing products and services.
How is SIGInnova supported financially?
SIGInnova is initially funded by SIG and WG, with sustaining income from services to providers, including sponsorship fees and fees for helping them develop, refine and market their products.
Will just buy-side executives and practitioners participate in meetings or will advisors and providers also participate?
As it is with SIG, SIGInnova is focused on meeting the needs of its buy-side members. We believe that there is substantial educational and information benefits to be derived from participation by selected advisors.
If I have an idea for a product and share it with SIGInnova, will I be able to participate in any eventual profits from it?
Ideas shared within SIGInnova are considered to be available to all, without any proprietary interest by the discloser or the discloser’s company. If you have an idea that you are interested in developing yourself, we encourage you to do so or to do it with your company and not disclose it within SIGInnova
What is the process for SIGInnova to consider products?
SIGInnova’s staff regularly looks for interesting new products as well as performing early screening of providers that initiate contact. In addition, members of SIGInnova’s Leadership Council are encouraged to suggest products for consideration. A vetting process and evaluation methodology is applied, resulting in those that appear to be the most meritorious being ultimately selected for inclusion within a SIGInnova product cohort.