More than a third of the procurement executives we surveyed (36%) ranked their category management process as moderately formal, while 13% said their program was extremely formal. 

In this week's CAPS News, prepare for what's next in the supply chain, participate in our CPO survey, and explore timely SCM topics like autonomous electric trucks, consumer pessimism and inflation, and more.

In a 2018 CAPS report, 40% of CPOs chose strategic thinking as the most important capability to advance the profession strategically. Will alignment to larger business objectives going forward require greater headcount working on strategic initiatives?