CAPS News-04 September 2024
Supplier Scorecard for ESG Initiatives
To effectively involve your suppliers in the ESG journey, it is best to use collaborative and transparent scorecards. Selected measures should align with your goals for each ESG materiality area and should be feasible for both your organization and your suppliers to measure. Some initial metrics and information to consider are available in this sample ESG Supplier scorecard.
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Insights on Freight Spend Metrics
A recent quick poll on freight spend reveals that most companies are aiming to allocate 1-2% of their total revenue to freight expenses for the current fiscal year.
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August 2024: Report on Business
The US manufacturing activity contracted in August, although at a slower pace than in July. Demand continues to slow, while the overall economy remains in expansion territory.
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CAPS Stat: Freight and Transportation Metrics
Typically, delivery performance is more critical for companies with lower inventory levels who operate using a just-in-time fulfillment model. Click to read more from CAPS RESEARCH.
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CAPS Research
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increase the comparative breakouts only they receive.