Of the people we surveyed, 19% are currently using artificial intelligence while 34% plan to implement AI within 12 months. Top uses of AI include spend analysis, invoice processing, payment processing, and contract management.
CAPS News - 8 September 2021
Get a sneak peek of emerging tech use cases in SCM and learn the latest in manufacturing, inflation, shortages, and more in this week’s CAPS News.
The Advantages of Choosing Diverse Suppliers
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.