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Welcome to the CAPS Blog featuring all the most recent CAPS releases, newsletters, infographics, and more. 

ESG Integration Drivers

Based on recent CAPS survey results, regulatory compliance and customer pressure are the biggest drivers for integrating environmental sustainability into the selection process for suppliers. Product quality and cost reduction seem to be of minimal or no influence, potentially indicating that companies’ efforts are driven more by external forces than internal adoption.

Engaging Suppliers in Sustainability

Achieving sustainable business practices has become a top priority for organizations. Companies are looking beyond their own operations and focusing on their supply chain emissions.

Read more about how engaging key suppliers in proactive emissions reduction has become an essential strategy for procurement and supply chain organizations. 

CAPS News-20 March 2024

Read About: New Research about Generative AI in Procurement, AI in Software Decisions, Revolutionizing the Supply Chain with AI

Unlocking Potential with Leverage: A Positive Approach

Explore the vast potential of leverage, particularly in the realm of supply management negotiation strategies, where it plays a pivotal role in achieving mutual success.

Identifying High-Risk Suppliers

78% of supply chain professionals surveyed have tools or methods to identify high-risk suppliers related to labor or human rights. Of those, many are using multiple tools including technology, monitoring, and scorecards. The 22% without tools or methods have greater exposure to risk and consequences stemming from compliance failures.

Extended Payment Terms

Recent CAPS Research benchmarks of payment terms revealed the variations of how long after an Original Equipment Manufacturer (OEM) waits to pay for purchased materials and services.

CAPS News-06 March 2024

Read about: Engaging Supplier in Sustainability, A Roadmap to Net-Zero, Integrating Environmental Sustainability, ISM ROB, Labor as a Supply Chain Risk

Carbon Offsets and Reaching Net-Zero

An overview of carbon offsets and their application in achieving net zero objectives. Review key concepts and definitions about climate commitments, and enhance your understanding of offset management.

 

Strategies to Manage Risks

While geopolitical and operational risks are different by nature, 2 of the top 3 strategies to manage those risks tend to be tactical responses: increase the number of suppliers and buffer inventory. This points to opportunities for improvement in business intelligence, sourcing, and supplier management.

CAPS News-21 February 2024

Read about: CPOs Top Priorities, Freight and Transportation KPIs-New Survey Results, Are You Prepared for Transportation Delays and Enhancing Brand Identity with SCM