Catch up on new CAPS Research, including Current and Future Risks in Procurement, New Quick Facts, Understanding Supply Chain Cybersecurity Vulnerabilities, and register for the upcoming webinar "Experimentation and Supply Management".
Percentage of SM Employees
According to the CAPS MoSM Report, only 1.9% of the total headcount across all industries are supply management employees. The number has remained relatively flat the last five years, while the scope and expectations of the function have grown in contrast to other corporate functions. Some have used this metric (along with CAPS’ ROI) to justify an investment in headcount.
CAPS News-13 November 2024
Read About: Priorities and Challenges of the CPO/CSCO, The Talent Skills Gap, Supply Chain Woes, and our upcoming webinar, Experimentation and Supply Management.
Talent Skills Gaps
A recent quick poll of supply management leaders revealed the top talent skill gaps. 50% reported the top technical skill gap was demand planning and forecasting, while 67% said the top qualitative skill gap was strategic perspective. Improving skills equates to improving profitability since teams with above median performance deliver greater ROI (Cost reduction/salary expense).