Cost savings is a powerful KPI for demonstrating the value of supply management to the business. On average, supply management employees are delivering $6.9 million in total savings. How does your team compare?
CAPS News-24 July 2024
Read About: View the "Operational Excellence" webinar now available on replay | Read about Strategies, Framework and Scorecards around Risk And Resiliency
Spend Per Category Manager
Across industries, category management employees comprise an average of 18% of the total supply management headcount. As more companies embrace a formal category strategy approach and invest in this strategic role it opens the door for increased spend and savings per FTE, in addition to increased protection from risk. How does your company compare?
CAPS News-10 July 2024
Read About: New CAPS Research Study, Managed Spend Data, Managing Maintenance and Construction, Latest Report On Business
Headcount in Strategic Roles
According to the 2024 CAPS Metrics of Supply Management report, 28.6% of the total headcount is in the tactical role of transactional buying. As companies identify priorities and fill gaps, strategic hires of supply management professionals should help decrease the number of tactical roles that could be moved to a shared services group.