Organizations are realizing the importance of reducing GHG emissions and taking action. Of the 69% of companies that made a public commitment to reduce their GHG emissions, almost half (47%) committed to be net carbon neutral.

ESG efforts have taken the main stage as companies seek to improve or fortify their economic, environmental, and social sustainability practices. At 63% of the companies we surveyed, the procurement group is already actively involved in these efforts, at least at a moderate level.

CAPS brings you the latest news on online marketplaces and counterfeiting, supplier assessments, renewable energy, and more.

The Metrics of Supply Management is the profession’s flagship survey for effectiveness and efficiency KPIs. If you are a supply management practitioner at an organization with at least $2 billion in annual revenue, opt-in to take the survey now. 

A new model to help you assess your supplier risk management efforts, an exploration of supply chain challenges in the auto industry, and more.

Auto manufacturers are driving through a gauntlet of challenges while navigating the fallout from an 18-month-long global pandemic and responding to demand for clean energy. Here, we take an in-depth look at challenges and major shifts in the automotive industry over the past 14 months and into the future.

With your category management strategy in place, it's time to monitor and measure the benefits it delivers to your organization and identify opportunities for improvement. To succeed long term, the category strategy must remain aligned with business objectives and the dynamics of the supplier marketplace. This requires regular re-evaluation.

A new tool to help you prioritize risk protection, supplier relationship management, advanced analytics, and more in this edition of CAPS News.

It's critical that category management delivers maximum value to the organization through innovation, sharing risk and rewards, and ongoing assessments. For many companies, the hard work of supplier management begins after the contract is signed. We're moving on to the sixth step in category management strategy: supplier relationship management (SRM).

With the onset of the pandemic last year, supply chains struggled to deliver, but payment terms were also affected. Of the supply managers we surveyed, 31% increased their payment terms last year. While 66% paid within 45 days in Q1, by the third quarter of the year, the number dropped to 57%, shifting toward longer 60- and 90-day terms.