CAPS Research

Across all manufacturing and services industries surveyed, sourcing from suppliers that comply with ethical ESG practices is most important. Interestingly, just over 30% of supply chain professionals feel reducing Scope 3 emissions is important, despite looming regulatory reporting requirements in California and Europe. Members can access ESG Practices in Procurement in the CAPS Library to see the full report. Reports published within the last seven years are reserved for CAPS members, but anyone can create a free CAPS account and access more than 30 years of metrics, best practices, and leading-edge research. If you'd like to read this report now, please consider CAPS Research membership for your organization.  #CAPSstats #supplychain #scm https://lnkd.in/gjFcHtTs

Looking at the broad portfolio of the CAPS metrics enables a more accurate assessment of the total performance of the organization. Your organization is a system comprised of many pieces, and some of those pieces directly affect other parts of the system.   For example, you might feel confident about having a lean headcount and low staffing costs, but does that mean you are missing the opportunity to manage your supply more effectively? Are you “leaving money on the table” because your team is too small or too inexperienced to drive a higher level of performance? Do you have too many small suppliers and too little automation to streamline the workflow, meaning your talented people are being consumed by administrative tasks?   A comprehensive view across all of your performance indicators yields better insight, allowing you to focus on the factors that will yield the greatest benefits. The survey closes April 24. Learn more about participating: https://lnkd.in/gfcjJSsg #CAPSResearch #supplychainmetrics

Curious about the Metrics of Supply Management (MoSM)? Our Executive Director, Denis Wolowiecki, delves into the Spend Metric and Transformation: "Spend is absolutely the most critical part of guiding any sourcing and procurement organization." Starting with spreadsheets may be common, but there's a wealth of untapped value awaiting through more robust analytics with a spend analytics tool. Modern spend analytics swiftly pinpoint opportunities like redundant sources, duplicated suppliers, or complex supplier relationships. Through proper aggregation and organization of data, common spending patterns across business units or product lines surface. It's not uncommon for company executives and stakeholders to be taken aback when the detailed insights into category and supplier spend emerge from the analysis. Ready to uncover transformative insights into your spend? Explore MoSM to elevate your procurement strategy: https://lnkd.in/gfcjJSsg #CAPSResearch #supplychainmetrics

Driving Strategic Decision-Making in Supply Management Ever felt the need to relate a compelling story to your leadership team about your supply chain organization's performance? Our latest testimonial video sheds light on how Kevin Alexander, VP of Supply Chain at Marmon Holdings, Inc., achieved just that through the CAPS Research Metrics of Supply Management annual report. Watch the video to learn how CAPS Research empowers leaders to make impactful decisions. Learn More at https://lnkd.in/gJgi23Zy #StrategicDecisionMaking #SupplyChain #scm

CAPS Newsletter release is today.   Discover a comprehensive Nearshoring Framework and practical steps to implement X-shoring initiatives. Learn about strategies for Sourcing Steel, Managing Geopolitical Risks, and safeguarding against Payment Fraud.   Plus, don't miss the news: Arizona State University is launching the world's first graduate degree program in AI this fall, in collaboration with OpenAI.   Check your inbox today.      #SupplyChain #AI #Geopolitics #Innovation #ASU #OpenAI"     https://lnkd.in/gxeUCqnm

Research is right at your fingertips as a CAPS member! In February, CAPS released “Engaging Suppliers in Sustainability,” tackling the challenge of GHG reduction. Learn more about this report: https://lnkd.in/gcPCWqGY #GHGreducation #CAPSResearch

Interested in delving into the world of Metrics of Supply Management (MoSM)? Our Executive Director, Denis Wolowiecki, sheds light on one vital aspect: spend. Taking a narrow view of spending fails to consider the operational disparities that exist among companies, even within the same industry. By measuring spending across various dimensions, a company gains a nuanced understanding of its performance relative to peers – be it by revenue, organizational size, complexity, or other factors. Each organization wields a unique level of control over its external spend, influenced by factors like maturity level, organizational design, team size, and internal policies. By examining spending patterns and team performance from multiple angles, companies establish a baseline for current performance and set achievable goals for enhancement. Hear what from Kevin Alexander, Vice President of Supply Chain at Marmon Rail, has to say about his membership with CAPS Research. Learn more: https://lnkd.in/gfcjJSsg #CAPSResearch #SupplyChainSpend

In a recent survey of Supply Management leaders, 30% ranked the prioritization of Scope 1, 2, and 3 carbon emissions reduction as a higher than medium priority while the same percentage ranked it as a lower than medium priority, indicating the profession is split on the urgency of carbon reduction actions. Members can access CPO Insights Report - Priorities of Supply Management Leaders in the CAPS Library to see the full report. Reports published within the last seven years are reserved for CAPS members, but anyone can create a free CAPS account and access more than 30 years of metrics, best practices, and leading-edge research. If you'd like to read this report now, please consider CAPS Research membership for your organization. #CAPSstats #supplychain #scm 

Reminder to participate in CAPS’ annual, flagship survey, The Metrics of Supply Management—it’s not too late to sign up!   Learn how to become a survey participant and gain access to these valuable metrics. The data yields powerful results to enhance your understanding, refine strategies, and stay ahead of the game. Learn more: https://lnkd.in/gbAfvzJa #CAPSResearch #metricsofsupplymanagement