CAPS News - 2 June 2021
Online marketplaces expected to transform traditional procurement
A recent CAPS study investigates the opportunities and risks of online marketplaces and proposes a roadmap for their use. [Read more in the CAPS blog]
Data-sharing platforms and supplier due diligence
In using third-party supplier assessments, companies are challenged by the relevance of the supplier data but can benefit from added transparency. Find out how other companies are using these due diligence assessments.
[Learn more in the CAPS blog]
COVID-19 in Asian manufacturing hubs could affect supply chains
New Coronavirus outbreaks in Japan, South Korea, Taiwan, and Vietnam could force the U.S. Federal Reserve to hike interest rates sooner than expected.
[Read more on CNBC]
Colonial Pipeline is a harbinger of things to come
Following a cyberattack that caused major disruptions in oil and gas, two Arizona State University professors say more preparation and alternate supply chain modes are needed to ward off future attacks.
[Read more on ASU News]
Adoption of renewable energy will grow the need for copper
Building clean energy is a mineral-intensive process that is creating massive demand for copper, needed to build the tech and infrastructure to deliver.
[Read more on Visual Capitalist]
ISM semiannual economic forecast predicts growth in 2021
The services and manufacturing sectors are expected to increase revenue and capital expenditures through the remainder of the year.
[Read more at ISM]