Many companies consider it essential to provide supply management training to new supply management employees. Do you provide supply management training?
Counterfeiting in the SC
Counterfeiting affects every industry. How susceptible are you to counterfeiting in your supply chain?
What do you shop for in your digital catalogs?
Of the companies we surveyed, 37% use ERP-hosted catalogs. Additional maintenance, repair and operations (MRO) items from the survey included laboratory supplies and equipment, facilities services, and temp/contingent labor.
Digitization of Your Catalogs
Of the supply management organizations we surveyed, 77% use at least some form of digital catalog. Have you digitized?
Growing importance in supplier assessments
Supplier assessments and audits are an effective way to measure your suppliers' alignment with your organization’s supply management priorities.
What is your Supply Management ROI?
Supply management return on investment (ROI) is a simple and powerful way to demonstrate the value of the function.
SM's growing influence
Managed or sourceable spend is increasingly being managed by supply management and procurement groups. This growing influence results in a more strategic approach, increased savings, and greater protection from supplier risk. On average, 85 percent of spend for all companies, regardless of sector, is managed. How does your company compare? Source: The Metrics of Supply Management (Cross-Industry) Report, CAPS Research, July 2018. ...
What's your level of engagement?
Aligning and integrating with the business has become a high priority for supply management leaders as they drive strategic value into their companies. In the last year, tactical level engagement has dropped from 15% to 4% (as reported by respondents), while strategic focus has grown by 10%.
Strategic supply management employees create value
Cost savings is the most pertinent metric for demonstrating the effectiveness of the supply management group