Cost savings is a powerful KPI for demonstrating the value of supply management to the business. On average, supply management employees are delivering $6.6 million in total savings. How does your company compare?
CAPS News - 10 January 2024
Read about: Our January webinar about Unlocking Green Supply Chains, Geopolitical Risks, Third-party risk, the Supplier Risk Maturity Model and supplier risk programs
Risk Mitigation Strategies
Mitigating supply chain risk has become increasingly important. A recent CAPS report shows that the percentage of firms with mitigation strategies in place for financial and compliance risks is the highest with geopolitical risk strategies being the least utilized.
Supply Risk Assessments, Governance and Mitigation Study
An executive overview of recent research about Supply Risk Assessments, Governance and Mitigation Study.
This blog looks at supplier risk assessment, governance, and mitigation planning as a strategic, dynamic, and evolving phenomenon.
Percent of SM Employees
According to the CAPS MoSM report, only 1.4% of the total headcount across all industries are supply management employees. The overall percentage is the same as last year’s report, although there were some slight shifts within each industry.
CAPS News - 13 December 2023
Read about: Updated CAPS Dashboard, New Research, Managing Sourceable Spend, Services PMI
Monitoring Supplier Risk
A recent CAPS report reveals that most companies are not monitoring common supply chain risks with Tier 2 suppliers and virtually none are monitoring Tier 3 supplier risks.
X-Shoring and the Rebalancing of Global Supply Chains
An executive overview of recent research about x-shoring and the rebalancing of global supply chains.
This blog addresses questions surrounding the restructuring of supply chains, emphasizing the evolving relevance of traditional drivers and the complexities of planning and executing X-shoring initiatives.
CAPS News - 29 November 2023
Read about: ESG investing influenced by civil regulations, Category Spend management research, Overseas sourcing and business case considerations, Using AI for Asset Tracking, and Resilient US supply chains.
Tactical vs Strategic Buying
Tactical buying remains the biggest focus for supply management headcount, claiming 31% of resources. Strategic sourcing has the potential to produce greater value, but these resources are a smaller portion of the team mix.