Based on a recent CAPS Research survey, the top 5 software solutions being used for sourcing and procurement are SAP Ariba, Salesforce, In-house tools, Coupa BSM, and Microsoft Azure.

In a new CAPS Survey about Inventory and Warehouse Management, respondents report the top 3 performance metrics are Inventory Accuracy rate tracked by 71% of companies, Inventory Turnover rate tracked by 67% and On-time and In-full Inbound Receipts tracked by 54%.

Across the manufacturing and service sectors the largest percentage of companies, 38%, use 45-day payment terms. Meanwhile 36% use 30-day terms, 1% use 75-day terms and 11% use 90-day terms.

Top skills and capabilities needed in 2023 for Supply Management Centers of Excellence (SM COE) employees include problem solving, supply management experience, and cooperation.

Over the past 4 years, the percentage of Supply Management Centers of Excellence (SM COE) in Discrete Manufacturing has decreased, while increasing in Process Manufacturing and Service Sectors.

On average, 71% of companies surveyed provide monthly updates for net cost reporting, while 35% update quarterly and 12% update annually.

In 2023, the top 3 reasons companies create and use Supply Management Centers of Excellence (SM COE) are to drive standardization, best practices, and skill building.

According to almost 200 supply chain executives, the 5 most important themes requiring attention in 2026 will be ESG, supply chain resilience, cost efficiency, implementation of technologies, and strategic alignment.

In the current inflationary environment, 56% of companies are including index data or estimated factors for inflation estimates in net cost calculations, with 39% including costs related to dual sourcing and 22% including carrying costs for increased buffer supply.

64% of supply chain organizations surveyed use a net cost methodology to offset cost-up impacts with cost-down strategies. Of those, 50% recognize cost avoidance as part of the net cost methodology.