Procurement leaders are turning to data analytics teams to help them leverage the wealth of data available and meet business goals, but what skills should the team have? This research investigates assembling, structuring, retaining, and supporting the team. It examines how data analytics can facilitate procurement practices related to spend analysis, contract management, market intelligence, and supply chain risk. Insightful comments by CPOs at various stages of the data analytics journey offer a real-life look at how data analytics teams function and succeed in many organizations. Members: access this report in the CAPS Library now. ...
Strategic supply management employees create value
Cost savings is the most pertinent metric for demonstrating the effectiveness of the supply management group
CAPS News - November 2018
In our November newsletter, we look at some recruiting metrics, fresh out of our latest "Recruiting Talent" survey and more open surveys. We also talk about the importance of our Building the Research Pipeline meeting in January, in creating an interesting, valuable, and practitioner-focused research queue.
Moving to the Cloud
Where is your ERP procurement module hosted? If you haven’t or don’t plan to move to cloud hosting, what’s your reason for hosting internally?
Profile of a CPO
The length of CPOs’ careers in procurement and supply management has grown over time. Less than 20 years ago, CPOs averaged 15 years in the function; in 2017, average years of experience grew to 21. The CAPS Research study 2017 Profile of a CPO includes trends on compensation, gender, mobility and many other job-related characteristics of the CPO. ...
CAPS News - October 2018
Punchout and ERP-hosted product catalogs metrics, new healthcare research, and organizational design, all in the CAPS October 2018 Newsletter.
SM employees v. total
The strategic role of the supply management group is expanding in scope, but at many companies, existing headcount levels and resources remain unchanged.
Physician Preference Items Management
Physicians have autonomy in deciding the devices they use for patient care, which can circumvent cost savings, volume economies, and other benefits that come from including procurement. Approximately 60% of total spend by hospitals comes from physician preference items (PPI) for which physicians play a key role in acquisition. The goal of this report was to study challenges, opportunities, and management efficiencies involved in procuring PPIs. ...
SM Design of the Future
Through the years, organizational design of supply management groups at large global companies has shifted between decentralized and centralized designs.
CAPS News - September 2018
September 2018 a good month for CAPS: Arizona State University - our partner institution - ranked high in a few things that make a difference to our members (in the news section); we released a new report on Procurement Analytics (in the Knowledge Central section); and, our upcoming Supply Management Roundtable is quickly filling. If you're part of a leadership team at one of our member companies, please consider attending.