New transformative and potentially disruptive technologies promise large companies faster, cheaper, and more effective procurement and supply management processes. We analyzed 11 emerging technologies to help supply management leaders to decide whether, when, and how to implement new solutions.
Measuring and Managing Risks in the Supply Chain
What risks should supply management executives be concerned with and, more importantly, how can these be measured and evaluated? These are the questions our new research report Measuring and Managing Risks in the Supply Chain sought to answer.
Counterfeiting in the Supply Chain
The problem of counterfeiting in the supply chain continues to plague companies in every industry. In order to combat counterfeiting, a multilayered strategy that adopts multiple approaches and engages the entire organization is needed. This research investigates counterfeiting’s global growth and provides detailed recommendations to address the issue. It delves into strategies ranging from tracking technologies to working with government agencies in an effort to stem the growing challenge of counterfeiting throughout the supply chain.
Data Analytics Teams and Procurement
Procurement leaders are turning to data analytics teams to help them leverage the wealth of data available and meet business goals, but what skills should the team have? This research investigates assembling, structuring, retaining, and supporting the team. It examines how data analytics can facilitate procurement practices related to spend analysis, contract management, market intelligence, and supply chain risk. Insightful comments by CPOs at various stages of the data analytics journey offer a real-life look at how data analytics teams function and succeed in many organizations. Members: access this report in the CAPS Library now. ...
Physician Preference Items Management
Physicians have autonomy in deciding the devices they use for patient care, which can circumvent cost savings, volume economies, and other benefits that come from including procurement. Approximately 60% of total spend by hospitals comes from physician preference items (PPI) for which physicians play a key role in acquisition. The goal of this report was to study challenges, opportunities, and management efficiencies involved in procuring PPIs. ...