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CAPS News-21 August 2024

Dive into the essentials of ESG, from understanding climate science basics with IPCC methods to integrating ESG criteria into your sourcing and supplier selection processes.

Organizational Design

Over the past couple of years, the Metrics of Supply Management Report shows there has been a slight increase in Center-led companies (+6%) and a decrease in Decentralized (-6%). Companies that undergo organizational structure changes as part of an enterprise-wide initiative or market-driven decision face a huge endeavor, but data indicates these changes don’t happen frequently.

CAPS News-07 August 2024

Access a Roadmap to Implement Advanced Analytics, Learn about Leveraging Advanced Analytics in the COE, Gain an overview of 5 Analytic Tasks

Average Cost Savings

Cost savings is a powerful KPI for demonstrating the value of supply management to the business. On average, supply management employees are delivering $6.9 million in total savings. How does your team compare?

CAPS News-24 July 2024

Read About: View the "Operational Excellence" webinar now available on replay | Read about Strategies, Framework and Scorecards around Risk And Resiliency

Spend Per Category Manager

Across industries, category management employees comprise an average of 18% of the total supply management headcount. As more companies embrace a formal category strategy approach and invest in this strategic role it opens the door for increased spend and savings per FTE, in addition to increased protection from risk. How does your company compare?

CAPS News-10 July 2024

Read About: New CAPS Research Study, Managed Spend Data, Managing Maintenance and Construction, Latest Report On Business

Headcount in Strategic Roles

According to the 2024 CAPS Metrics of Supply Management report, 28.6% of the total headcount is in the tactical role of transactional buying. As companies identify priorities and fill gaps, strategic hires of supply management professionals should help decrease the number of tactical roles that could be moved to a shared services group.

CAPS News-26 June 2024

Read About: Access the Newest MoSM Survey, Register for our Risk Management Webinar, Read about Supply Management ROI, View the New Metric Dashboard, Prove Your Value with Key Metrics

Barriers to Sustainability

Lack of performance measures (40%), lack of business case (37%), and unsupported system integrations (37%) are the primary barriers to adopting sustainability criteria in supplier selection according to a recent study released by CAPS Research. These numbers will likely persist until universal sustainability standards and a clear business case motivate companies to integrate initiatives into their sourcing processes.