In this short video, we explore underlying issues, inflationary pressure, government policy, and the outlook for supply managers and sectors of the economy - findings from a recent CAPS Research whitepaper

Of the companies we surveyed, the majority are utilizing descriptive analytics, which includes the use of dashboards for the exploration of KPIs and benchmarks. However, only 4% are diving into more mature levels of analysis including prescriptive analytics and automation.

Take a dive into digital connectivity, data protection, and ransomware within the supply chain, plus other timely news in this week’s CAPS News.

Diversity has become a top priority for large companies in recent years, but supplier diversity managers represent a small fraction of total supply management employees. 

Learn about the role financial institutions play in corporate ESG efforts, check out corporations’ climate targets, strides made in diversity & more.

The role financial institutions play in environmental sustainability is coming under greater scrutiny. Governments, NGOs, and even consumers turn to them to influence the sustainability practices of companies they invest in and lend to. And as the role financial institutions play gets fine-tuned, its impact undoubtedly will cascade down to businesses and their supply chains. 

Organizations are realizing the importance of reducing GHG emissions and taking action. Of the 69% of companies that made a public commitment to reduce their GHG emissions, almost half (47%) committed to be net carbon neutral.

ESG efforts have taken the main stage as companies seek to improve or fortify their economic, environmental, and social sustainability practices. At 63% of the companies we surveyed, the procurement group is already actively involved in these efforts, at least at a moderate level.

CAPS brings you the latest news on online marketplaces and counterfeiting, supplier assessments, renewable energy, and more.