Top skills and capabilities needed in 2023 for Supply Management Centers of Excellence (SM COE) employees include problem solving, supply management experience, and cooperation.
CAPS News - 23 August 2023
The latest from CAPS News: CAPS Flagship Survey, Supply Management KPI's, Best Cost Countries, Before Investing in AI, Cross Boarder, Mineral Imports
SM COEs By Sector
Over the past 4 years, the percentage of Supply Management Centers of Excellence (SM COE) in Discrete Manufacturing has decreased, while increasing in Process Manufacturing and Service Sectors.
CAPS News - 9 August 2023
The latest from CAPS News: History of ESG, Best Cost Countries, Counterfeit Epidemic, Reclaiming Control, Risk Management
Net Cost Reporting
On average, 71% of companies surveyed provide monthly updates for net cost reporting, while 35% update quarterly and 12% update annually.
Top 3 Reasons for SM COEs
In 2023, the top 3 reasons companies create and use Supply Management Centers of Excellence (SM COE) are to drive standardization, best practices, and skill building.