Many large companies have found strategic benefits in developing a robust supplier diversity program, citing primarily that diverse suppliers are responsive, resilient, and committed to developing their own capabilities. Advancement of supplier diversity programs in large companies requires commitment and capital to develop suppliers, as well as alignment with business objectives.
CAPS News - 25 August 2021
In this week’s CAPS News, explore emerging tech in supply management, get caught up on the Internet of Things, climate concerns, and more.
Compelling Applications of Emerging Technologies
This CAPS research report looks at emerging technology applications that drive robust investment and unprecedented results, as well as key success factors and hindrances, and how to create a time-phased implementation plan.
A Shift In Post-Pandemic Travel Policies
Corporate travel policies continue to fluctuate more than a year after the global health pandemic began. In a recent survey, more than half of the participants (64%) anticipated their company would permanently shift 25 to 50% of their pre-pandemic travel to virtual options.
CAPS News - 11 August 2021
In this week’s CAPS News, explore issues causing shortages within the supply chain, get caught up on renewable energy, economic growth, and more.
Supply Chain Shortages
In this short video, we explore underlying issues, inflationary pressure, government policy, and the outlook for supply managers and sectors of the economy - findings from a recent CAPS Research whitepaper
Sustainability & Supplier Compliance
76% of companies contractually require their suppliers to meet corporate sustainability standards and performance obligations, to be mindful of people, profit, and planet; however, overall governance and validation of the supply base is not as widely practiced.
Supply Management's Efforts in Data Analytics
Of the companies we surveyed, the majority are utilizing descriptive analytics, which includes the use of dashboards for the exploration of KPIs and benchmarks. However, only 4% are diving into more mature levels of analysis including prescriptive analytics and automation.
CAPS News - 14 July 2021
Take a dive into digital connectivity, data protection, and ransomware within the supply chain, plus other timely news in this week’s CAPS News.
Supplier Diversity
Diversity has become a top priority for large companies in recent years, but supplier diversity managers represent a small fraction of total supply management employees.