Aligning and integrating with the business has become a high priority for supply management leaders as they drive strategic value into their companies. In the last year, tactical level engagement has dropped from 15% to 4% (as reported by respondents), while strategic focus has grown by 10%.
CAPS News - December 2018
New research, new website, New Year. As we bring 2018 to a close, CAPS has many exciting things to share and opportunities for 2019.
Data Analytics Teams and Procurement
Procurement leaders are turning to data analytics teams to help them leverage the wealth of data available and meet business goals, but what skills should the team have? This research investigates assembling, structuring, retaining, and supporting the team. It examines how data analytics can facilitate procurement practices related to spend analysis, contract management, market intelligence, and supply chain risk. Insightful comments by CPOs at various stages of the data analytics journey offer a real-life look at how data analytics teams function and succeed in many organizations. Members: access this report in the CAPS Library now. ...
Strategic supply management employees create value
Cost savings is the most pertinent metric for demonstrating the effectiveness of the supply management group