AI in Supply Management
The Advantages of Choosing Diverse Suppliers
A Shift In Post-Pandemic Travel Policies
Sustainability & Supplier Compliance
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.
Diversity has become a top priority for large companies in recent years, but supplier diversity managers represent a small fraction of total supply management employees.
Companies' Carbon Footprint & GHG Emissions
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.
SM & Corporate ESG Objectives
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.
Metrics of Supply Management
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.
The pandemic's impact on payment terms
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.