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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.

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

Digital Connectivity and Data Protection in Supply Management

An executive overview of how the intellectual property an organization stores as digital assets ("data") presents a double-edged sword for supply management professionals and the best practices in protecting data shared with suppliers.

 

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. Currently, 71% of companies track on-time delivery (OTD), the most used transportation metric. 47% of companies claim OTD is greater than 90%, while 8% of companies report OTD less than 80%.

Applying New Variables to Existing Supply Management Decisions

An executive overview of recent research about Applying New Variables to Existing Supply Management Decisions