CAPS News - October 2018
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What information do you need to help you be more strategic in your role? To get leadership buy-in on new initiatives? To flesh out strategic plans and put them in action? CAPS boasts a robust library of thought-provoking research and timely and relevant benchmarking metrics. With an account, everyone can access all reports published before 2014. If you're at a member company, you have full access to everything, and if there's something you need that isn't in the library, reach out to the CAPS team or reply to this email and we'll look into getting you what you need.
Quick fact: Punchout and ERP-Hosted / CIF Catalogs
| In a recent snapshots survey, we looked into companies’ use of punchout and ERP-hosted/CIF catalogs and 38% of companies reported that their single biggest challenge when using punchout catalogs was differing user experience on each supplier’s website. The biggest challenge using CIF catalogs was tied, with 26% of respondents citing outdated content and large, cumbersome CIF catalogs. |  |
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Surveys are for both members and non-members. We love your data, and in exchange, everyone who completes a survey receives a complimentary copy of its metric report. That said, CAPS members get extra love: breakout reports and custom survey opportunities. Email us to participate.
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SURVEYS IN THE PIPELINE:
Group Purchasing Organizations and Amazon for Business
CPO Insights – Demand Management
Business Partner Engagement
Recruiting Talent
NEW RESEARCH:
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. |  |
Watch the preview video now or learn more about recent CAPS research studies.
NEW REPORTS: Everyone is welcome to create a free CAPS account for access to selected resources, but only members can see the items below:
Physician Preference Items Management: Challenges, Opportunities, and Strategies report
Physician Preference Items Management: Challenges, Opportunities, and Strategies brief
Punchout and ERP-Hosted CIF Catalogs
Supplier Audits and Assessments Report 2018
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CAPS member events are where our benchmarking and research come to life while attendees create powerful networks that support them in their supply management evolution. Take full advantage of membership and join us for an event.
2019: SAVE THE DATES!
Research Pipeline: January 25
CPO Roundtable: March 10-11
Supply Management Roundtable October 22-23
Follow us on social media (links below) or visit our blog for CAPS infographics on procurement and supply management research and benchmarking findings. If you like them, feel free to share!
CAPS is often cited in the media for our research findings, benchmarking metrics, and supply management expertise. We often share these stories on our Twitter and LinkedIn feeds, so be sure to follow us with the social links at the bottom of this email. Here's a story from the last month of CAPS in the media:
"Blockchain has the potential to dramatically simplify the integration and automation of procurement processes," Dr. Choi explained implications of blockchain, a topic of a recent CAPS research report, in the September/October edition of Supply Chain Management Review. He was one of the experts featured in "NextGen technologies: Building the supply chain of the future." Available on SCMR Plus+ or in the print edition page 29.
CAPS Research welcomes our newest member, American Electric Power, Inc.
CAPS Research corporate members hail from around the globe and receive full access for their supply management team to practitioner-focused research, benchmarking services, and peer-to-peer networking events. CAPS offers benchmarking opportunities for smaller companies, as well. Please contact us to learn more.
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CAPS Research
Non-members can receive the report of each survey they submit.
Members can access all reports, but are encouraged to submit surveys to
increase the comparative breakouts only they receive.