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. 

Across industries, 65 global companies increased the severity of future supplier risks for sustainability and climate change over the next three years, indicating a higher focus on environmental issues and their impact on supply chain disruptions.

91% of companies use a cost baseline while 73% use variance reporting and monitor supplier and plant information for tracking and managing cost changes.

Changing customer requirements, government regulations, and tech advancements are top predicted forces driving change for 2026.

Strengthening supply chain resilience is the top business strategy the supply management profession is expected to adopt between now and 2026.

81% of companies we surveyed don’t consider Transportation and Logistics Issues to be a high risk over the next three years.

Engaging supply management with internal business partners can create value and alignment with business goals.