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OMNIA Partners Finalizes Purchase of InsightGPO from Insight Sourcing Group

OMNIA Partners Finalizes Purchase of InsightGPO from Insight Sourcing Group FRANKLIN, Tennessee—January, 21, 2020— OMNIA Partners announces that it finalized the purchase of InsightGPO, LLC, the group purchasing program offered through…

OMNIA Partners Finalizes Purchase of InsightGPO from Insight Sourcing Group

FRANKLIN, Tennessee—January, 21, 2020— OMNIA Partners announces that it finalized the purchase of InsightGPO, LLC, the group purchasing program offered through Insight Sourcing Group on December 31, 2019. Prior to the transaction, InsightGPO was one of five divisions of Insight Sourcing Group and provides its clients with highly targeted offerings for office supplies, auto rental, MRO and office equipment.

“The purchase of InsightGPO is a highly strategic fit with OMNIA Partners, Private Sector and provides its customers the opportunity to benefit from the large scale of the OMNIA Partners enterprise,” says M. Todd Abner, President and CEO of OMNIA Partners. “This acquisition further solidifies OMNIA Partners position as the leader in the private sector GPO marketplace.”

OMNIA Partners, Private Sector is a national group purchasing organization serving enterprise corporations, business and manufacturing.

“Insight Sourcing Group is focused on driving value for our clients through procurement related cost optimization,” says Tom Beaty, CEO, Insight Sourcing Group. “In order to take the benefits of a GPO strategy to the next level, we looked to the market and OMNIA Partners stood out as the definitive leader in the GPO space. OMNIA Partners is the GPO best positioned to strengthen the programs offered to our membership. We believe this transaction will bring tremendous value to our clients in the form of greater leverage and a much broader portfolio of categories.”

About OMNIA Partners

Shaping the future of procurement through power, access and trust. OMNIA Partners is the largest and most experienced purchasing organization for public and private sector procurement. Our immense purchasing power and industry-leading suppliers have produced an extensive portfolio of procurement solutions and partnerships, making OMNIA Partners the most valued and trusted resource for organizations nationwide. To learn more about OMNIA Partners, visit www.omniapartners.com.

About Insight Sourcing Group

Insight Sourcing Group is the leading boutique consulting firm in North America focused exclusively on strategic sourcing and procurement-related services. Founded in 2002, the firm works with senior executives and procurement leaders to accelerate savings through strategic sourcing and procurement transformation consulting services, energy cost management, on-going category analytics, and spend visibility through its SaaS solution SpendHQ. Insight Sourcing Group has worked with hundreds of corporate clients of all sizes and over 50 Private Equity firms.

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Insight Sourcing Group Ranked A Fastest Growing Firm for 2019

Atlanta-based consulting firm Insight Sourcing Group ranks as the fastest-growing procurement consultancy in the world and top 25 among all consulting firms for 2019, according to Consulting magazine. ATLANTA, Georgia — October 29, 2019 —…

Atlanta-based consulting firm Insight Sourcing Group ranks as the fastest-growing procurement consultancy in the world and top 25 among all consulting firms for 2019, according to Consulting magazine.

ATLANTA, Georgia — October 29, 2019 — For the second time in 2019, Consulting magazine recognizes Insight Sourcing Group as a leader among its consulting firm peers. In September, the firm made Consulting‘s Best Firms to Work For list, ranking #11 for firms with less than 250 consultants. This month, Insight Sourcing Group has announced it ranked #24 on Consulting‘s Fastest Growing Firms list, making it the fastest-growing procurement consultancy in the world in 2019.

In all, only 52 firms qualified for this year’s ranking and those firms compiled an average growth rate of 233 percent.

“With this type of growth—an average of 233 percent—there’s no doubt these 52 consulting firms are among the fastest growing in the consulting profession,” said Joseph Kornik, Publisher & Editor-in-Chief of Consulting magazine. “As a result, they are shaking up the industry as growth brings opportunities.”

“Being named a fastest-growing firm is affirmation that we’re doing things right⁠—for both our employees and our clients,” says Brent Eiland, president of Insight Sourcing Group. “For our clients, it’s truly a testament to the long term relationships we’ve developed and the confidence they have to not only continue to leverage our services, but to recommend us to others as well. We’re deeply honored by that trust.”

For the full list of 2019’s Fastest Growing Firms, click here.

About Insight Sourcing Group
Insight Sourcing Group is the leading boutique consulting firm in North America focused exclusively on strategic sourcing and procurement-related services. Founded in 2002, the firm works with senior executives and procurement leaders to accelerate strategic sourcing savings, increase spend visibility, provide ongoing category analytics for savings tracking, and implement procurement best practices. Insight Sourcing Group has worked with hundreds of corporate clients of all sizes and over 50 Private Equity firms. To learn more, visit www.insightsourcing.com.

About Consulting Magazine
Consulting® magazine is the flagship publication of the consulting profession featuring the latest information on consulting careers, thought leadership and corporate strategies. In addition to providing industry insights, Consulting® hosts award dinners as part of our Achievement Awards series—honoring Women Leaders in Consulting, The Top 25 Consultants, The Rising Stars of the Profession, The Best Firms to Work For, and The Global Leaders in Consulting. Please visit www.consultingmagazine.com for more information.

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Insight Sourcing Group Ranks for 12th Straight Year on Inc. 5000

Insight Sourcing Group has made the 2019 Inc 5000 list, ranking #3130 and posting a three year growth rate of 177% and making the list for the 12th time.

Atlanta-based consulting firm continues explosive growth; makes Inc. 5000 for twelfth consecutive year

ATLANTA, Georgia — August 18, 2019 — Insight Sourcing Group, the leading management consulting firm dedicated to helping companies achieve impactful bottom-line results through procurement optimization, has once again earned a spot on the Inc. 5000 list of fastest-growing private companies.

The Atlanta-based firm ranked #3130 on this year’s list, climbing 616 spots from the previous year due to an explosive three year growth rate of 117%. This marks the firm’s twelfth consecutive appearance on the Inc. 5000 (including one year on the Inc. 500), illustrating a continued pattern of strong growth for Insight Sourcing Group.

“Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once,” said James Ledbetter, Editor-in-Chief of Inc. Media. “A mere tenth of a percent of companies have made the list 12 times.”

“It is an incredible honor to rank on the Inc. 5000 for the 12th time,” says Tom Beaty, founder and CEO of Insight Sourcing Group. “Our sustained growth over such a long period of time is a testament to our incredible team, who are constantly innovating and finding new ways to help our clients achieve transformational results.”

For the full 2019 Inc. 5000 List of Fastest-Growing Private Companies, click here.

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.

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[BLOG] Conversation with Richard Heath, Director of Enterprise Energy

Spend Insights Podcast with ISG Enterprise Energy Solutions Spend Insights welcomes Richard Heath, Director of Enterprise Energy & Sustainability with ISG Enterprise Energy Solutions As an energy and demand management expert,…

Spend Insights Podcast with ISG Enterprise Energy Solutions

Spend Insights welcomes Richard Heath, Director of Enterprise Energy & Sustainability with ISG Enterprise Energy Solutions

As an energy and demand management expert, Richard shares his personal insights and experiences for how finance and procurement can better forecast and budget energy spend and addresses the best practices ISG Energy uses to manage energy spend based on the organizational, regulatory and environmental factors that can impact it.

Richard Heath leads ISG Enterprise Energy Solutions‘ Demand Management & Energy Efficiency business where he partners with global commercial and industrial clients to reduce waste and overall consumption across their portfolios. With over 20 years of experience in strategic leadership, consulting, and operations management in the supermarket and retail sector, Richard bring new insights to ISG Energy and can provide a new client perspective around enterprise-wide energy management.

Spend Insights by SpendHQ · 008: A Conversation with Richard Heath, Director of Enterprise Energy at Insight Sourcing Group

“Most of the time what we find is utility spend, even though can be quite substantial in an organization, seems to be looked at as unaddressable. By that I mean they look at energy as an annual spend that is going to be at a ‘run-rate’ year over year and then budget for that rate for following year. The problem or opportunity with that approach is that it starts off with an assumption without any tie to a business metric. This is where we find opportunity to look at the energy spend and the data analytics to make it more addressable for our clients”.
Richard Heath, ISG Enterprise Energy Solutions

Effective client engagement at both ISG Enterprise Energy Solutions and SpendHQ all starts with data. Data drives every decision and allows our team to equip clients with strategic recommendations and sustainability solutions that meet their financial targets.

If you are interested in a comprehensive energy assessment to evaluate your portfolio to uncover opportunities hiding in your energy spend, send us a note!

About Spend Insights

Spend Insights is a podcast series dedicated to the experiences that shape the world of sourcing and procurement. If you’d like to be featured as a guest on Spend Insights, our if you have a topic you’d like to hear covered, feel free to submit your request here.

About ISG Enterprise Energy Solutions

Our team of energy experts partner with clients to provide comprehensive supply and demand management solutions in order to reduce energy costs and manage risk. By understanding our clients’ cost drivers, consumption profile, and operational requirements, we are able to assist them to identify, analyze, and execute sustainability solutions that meet their financial targets.

We stand out from our competition because we are truly unbiased advisors to our clients. The energy industry’s consolidation of suppliers, consultants, and equipment providers has only increased the value of having an independent third party that can make decisions to maximize value for the end consumer.

Our energy management process is proactive, market driven, and supported by proprietary market intelligence gathered from years in the industry. Our Insight Engine provides our team with benchmarks and industry profiles which expedite the path from identifying opportunities to implementing savings.

Learn more at insightsourcing.com/energy

Looking for data-driven client results?

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Insight Sourcing Group a Finalist in 2019 World Procurement Awards

Insight Sourcing Group is shortlisted as finalist for two categories in the 2019 World Procurement Awards ATLANTA, Georgia—April 16, 2019–Insight Sourcing Group, the largest consulting firm focused exclusively on strategic…

Insight Sourcing Group is shortlisted as finalist for two categories in the 2019 World Procurement Awards

ATLANTA, Georgia—April 16, 2019–Insight Sourcing Group, the largest consulting firm focused exclusively on strategic sourcing and procurement-related cost reduction, has been shortlisted as a finalist for Best Procurement Consultancy Project in the 2019 World Procurement Awards. Its spend analytics business unit, SpendHQ, is a finalist in the Best Procurement Technology category.

Hosted by Procurement Leaders (the world’s foremost procurement insight and peer networking company), the World Procurement Awards are the most celebrated and sought-after awards in procurement, recognizing the most impressive procurement projects, people and organisations across the globe.

“It’s an honor for our firm to be shortlisted for two of World Procurement Awards including the Best Procurement Consultancy award, as well as the Best Procurement Technology award for our market-leading spend analytics technology, SpendHQ,” said Jake Wojcik, Senior Vice President. “As procurement team’s embrace digitalization, we’ve become one of the most recognized leaders in bridging procurement consulting and best-of-breed technology to enable leadership to elevate the strategic importance of procurement optimization. We’re thrilled to be acknowledged as a global leader in both of these areas by Procurement Leaders, as it’s our firm’s goal to contribute to our field by helping procurement teams drive measurable business impact and truly earn a seat at the table.”

The winners will be announced at a prestigious awards ceremony on May 16, 2019 at the Intercontinental London, The O2. The ceremony will bring together over 1,000 of procurement’s elite and closes out the inaugural World Procurement Week, following the new Indirect Category Leadership Forum and industry-leading World Procurement Congress.

For the complete list of World Procurement Awards finalists, click here.

About Procurement Leaders
Founded in 2004, Procurement Leaders™ is the world’s most valued professional procurement network. A unique and vital destination that connects, inspires and accelerates our members to become more successful. Powered by a community of over 700 leading global corporations and 27,000 senior procurement, sourcing and supply chain executives, we accelerate our member’s journey to superior performance, providing access to the in-depth insight, practical tools and expert guidance they need to transform procurement into a critical business driver. For more information about Procurement Leaders, visit procurementleaders.com.

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Insight Sourcing Group Named Provider to Know for Sixth Year

Atlanta-based consulting firm recognized by research and advisory firm Spend Matters as best-in-class in the procurement and supply chain market for sixth consecutive year. April 11, 2019—ATLANTA, GEORGIA—Insight Sourcing Group,…

Atlanta-based consulting firm recognized by research and advisory firm Spend Matters as best-in-class in the procurement and supply chain market for sixth consecutive year.

April 11, 2019—ATLANTA, GEORGIA—Insight Sourcing Group, the largest consulting firm focused exclusively on procurement and strategic sourcing, has been named by advisory firm Spend Matters as one of the 50 Procurement Providers to Know for 2019. This award marks the sixth consecutive year Insight Sourcing Group has been recognized as a Provider to Know, appearing on the inaugural list in 2014.

The 50 Providers to Know list from Spend Matters recognizes the best-in-class companies in the procurement and supply chain market; firms that are leading the charge on new procurement technologies and services, setting the industry standard. Vendors listed are independently selected by the analyst team over multiple rounds of debate, focusing on factors such as innovation, market presence, tech competency, and solution delivery. Where applicable, providers go through the rigorous SolutionMap evaluation process.

“In all key solution areas, procurement providers are refining and expanding their capabilities faster than before ,” says Jason Busch, Founder and Managing Director at Spend Matters. “Spend Matters continues to cover this rapid evolution of technology and solutions, and we are excited to honor the providers who set the industry standard as well as innovative newcomers. ”

The full 2019 Providers to Know list can be found here.

About Insight Sourcing Group
Insight Sourcing Group is the leading boutique consulting firm in North America focused exclusively on Strategic Sourcing and procurement-related services. The firm works with senior executives and procurement leaders to accelerate savings through Strategic Sourcing; increase Spend Visibility through it’s proprietary spend analytics tool, SpendHQ; create rapid, quick-hit savings opportunities via its group purchasing division, InsightGPO; and helps clients reduce both their energy costs and demand through its Enterprise Energy Solutions division.

About Spend Matters
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.

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Firm Partners with Historic Atlanta Cemetery for 2nd Annual Service Day

Insight Sourcing Group holds second annual firmwide community service event in partnership with historic Oakland Cemetery. ATLANTA, GEORGIA—April 1, 2019—Insight Sourcing Group’s commitment to giving back to its community continued…

Insight Sourcing Group holds second annual firmwide community service event in partnership with historic Oakland Cemetery.

ATLANTA, GEORGIA—April 1, 2019—Insight Sourcing Group’s commitment to giving back to its community continued as the firm held its second company-wide volunteer service day in partnership with Atlanta’s historic Oakland Cemetery, one of the largest cemetery green spaces in the country and located southeast of downtown Atlanta. Oakland is the resting place for several notable Atlantans including Margaret Mitchell (author of Gone with the Wind), Bobby Jones (famous golfer and co-founder of Augusta National), and Selena Sloan Butler (co-founder of the National Parent Teacher Association). Six Georgia governors and 26 Atlanta mayors are also buried at Oakland.

For its second annual service day, all 131 employees convened early in the morning and completed a number of landscaping projects throughout the cemetery’s various “character” areas including the original six acres, Jewish Hill, the African-American Grounds, East Hill, Bell Tower Ridge, and the Greenhouse Valley. Projects included weeding, mulching, planting shrubs and other flowers, irrigating, and general clean-up around gravesites and headstones.

“This was a great opportunity for our entire team to help the community in a historic Atlanta location,” said Brent Eiland, President of Insight Sourcing Group. “Our annual service day is a great reminder that it’s not always about the business, and that it’s incredibly important to give back. I am grateful to have been part of such a fun and impactful event, and I know the rest of our team feels the same way.”

Insight Sourcing Group has an internal advisory committee dedicated to planning and executing volunteer events for the firm. The firm currently holds one company-wide service event day and four quarterly volunteer events with local nonprofit partners.

About Oakland Cemetery

Oakland Cemetery is one of the largest cemetery green spaces, located in Atlanta, Georgia. Founded as Atlanta Cemetery in 1850 on six acres of land southeast of the city, it was renamed in 1872 to reflect the large number of oak and magnolia trees growing in the area. By that time, the city had grown and the cemetery had enlarged correspondingly to the current 48 acres. Since then, Atlanta has continued to expand so that the cemetery is now located in the center of the city. Because of its age and location, the cemetery directly reflects the history and changing culture of the City of Atlanta and the significant events it has seen. Names of Atlanta streets, buildings, parks, subdivisions, and more can be found within the cemetery gates. An estimated 70,000 people are interred at Oakland, and while the last plots were sold in 1884, there are still regular burials today.

About Insight Sourcing Group

Insight Sourcing Group is the leading boutique consulting firm in North America focused exclusively on Strategic Sourcing and procurement-related services. The firm works with senior executives and procurement leaders to accelerate savings through Strategic Sourcing; increase Spend Visibility through it’s proprietary spend analytics tool, SpendHQ; create rapid, quick-hit savings opportunities via its group purchasing division, InsightGPO; and helps clients reduce both their energy costs and demand through its Enterprise Energy Solutions division.

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Atlanta Procurement Consultants Named 2019 Pros to Know

Two procurement consultants from Insight Sourcing Group have been recognized for their commitment to excellence and relentless focus on client results. ATLANTA, GEORGIA—February 22, 2019—Insight Sourcing Group, the leading consulting…

Two procurement consultants from Insight Sourcing Group have been recognized for their commitment to excellence and relentless focus on client results.

ATLANTA, GEORGIA—February 22, 2019—Insight Sourcing Group, the leading consulting firm focused on helping clients achieve cost savings and expense reduction through procurement optimization, is proud to announce that two of its procurement consultants, George Rhymestine and Lindsay Bryant, have been named 2019 Provider Pros to Know by Supply & Demand Chain Executive magazine.

George has over 20 years of experience in consulting, procurement transformation, and strategic sourcing. His experience includes category management and procurement reorganizational design with a focus on leveraged/direct sourcing programs and post-acquisition performance improvement.

Lindsay has 16 years of consulting experience across several industries including financial services, retail, healthcare, technology, and higher education as well as private equity. She has led projects in strategic sourcing, spend visibility, process redesign, procurement transformation, and group purchasing program development for her clients.

George Rhymestine
2019 Pro to Know Winner

“Our Pros to Know listing showcases the leaders and innovators shaping the profession and making substantial impact on their companies,” says John Yuva, editor for Supply & Demand Chain Executive. “This year’s recipients embody the commitment to transformative supply chain tools and processes, earning these individuals a rightful place in this year’s Pros to Know listing.”

The Pros to Know Awards recognize supply chain executives, and manufacturing and non-manufacturing enterprises, that are leading initiatives to help prepare their companies’ supply chains for the significant challenges of today’s business climate. This year’s list includes the 2019 Provider Pros to Know–individuals from software firms and service providers, consultancies or academia, who helped their supply chain clients, or the supply chain community at large, prepare to meet these challenges–and Practitioner Pros, who do the same within their own companies.

The complete list of 2019 Pros to Know can be found here.

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[BLOG] Managing Energy Spend in a Volatile Market

Spend Insights Podcast with ISG Enterprise Energy Solutions Spend Insights welcomes Ben Saunders, Energy Markets Risk Manager with ISG Enterprise Energy Solutions Managing the energy spend and consumption in areas like…

Spend Insights Podcast with ISG Enterprise Energy Solutions

Spend Insights welcomes Ben Saunders, Energy Markets Risk Manager with ISG Enterprise Energy Solutions

Managing the energy spend and consumption in areas like electricity and natural gas is top of mind for many organizations today. Organizations are actively looking for ways to reduce cost, monitor savings and improve contract negotiations. ISG Energy’s, Ben Saunders, sat down with SpendHQ’s Director of Product Marketing, Constantine Limberakis, to discuss different strategies and best practices around energy procurement and risk management.

Ben Saunders is a key member of ISG Enterprise Energy Solutions where he partners with global commercial and industrial clients to mitigate risk and optimize their energy procurement strategies across their portfolios. He is one of ISG Energy’s leading energy market experts with additional expertise in Procurement, Strategic Sourcing, and Finance.

“Based on the current state of the energy market, more than likely you have found savings over the last 3+ years in your budget. What is important to remember is that energy prices are still extremely volatile and now more than ever it is important to have a proactive risk management strategy.”
– Ben Saunders, ISG Enterprise Energy Solutions

Like many of its team members, ISG Enterprise Energy Solutions has a strong procurement and consulting background which allows ISG Energy’s team to stay focused on a data driven approach, enterprise-wide cost reduction, and most importantly, client results.

About Spend Insights

About ISG Enterprise Energy Solutions

Learn more at insightsourcing.com/energy

Ready to accelerate energy savings and procurement performance?

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Cynthia Dautrich Joins Insight Sourcing Group’s Advisory Board

ynthia Dautrich, former CPO and head of procurement at some of the world’s largest companies, has joined the advisory board of Insight Sourcing Group.

Former CPO & Fortune 500 veteran joins Atlanta-based procurement consulting firm’s board of advisors

ATLANTA, Georgia — October 25, 2018 — Insight Sourcing Group announced today that Cynthia Dautrich, a thought leader in the procurement and supply chain spaces, has joined its advisory board of directors.

“We are excited to have Cynthia join our team,” said Tom Beaty, Insight Sourcing Group’s founder and CEO. “The board has been invaluable in our growth and continued success, and we look forward to benefiting from Cynthia’s deep expertise.”

Dautrich is a procurement, supply chain and operations leader with over 30 years of expertise in creating global vision and strategies, building world class procurement teams and driving operational excellence. Early in her career, she held sourcing leadership roles with AOL and Pillsbury, and was the Chief Procurement Officer at both Accenture and GMAC Financial Services. In 2010, she joined consumer products manufacturer Kimberly-Clark as CPO, where she was responsible for $15B+ of both direct and indirect spend. She led the creation of a new global procurement organization that saved the company billions of dollars which funded growth and improved the company’s operating margins.

Most recently, she was CPO at DXC Technology, a Fortune 500 IT services company that was created in 2017 by the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise. Dautrich joined to lead the integration of the procurement and supply chain functions, where she optimized a $12B spend portfolio to achieve best-in-class relationships, delivered $1B value during the first fiscal year, and streamlined a global organization of 1,000 supply chain team members while integrating two different cultures, teams, processes and systems.

Dautrich graduated from Bucknell University with a BS in Chemical Engineering, and earned an MBA in Strategy and Marketing from the Wharton School of the University of Pennsylvania. She has been recognized by Supply & Demand Chain Executive magazine as a Pro to Know and has won numerous procurement industry awards for Best Procurement Team, Best Procurement Leader, and Best Procurement Transformation Project.