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CAPS News-05 February 2025

Catch up on the latest CAPS News: AI In Procurement, Participate in a GenAI Survey, Read more about Procurement Leaders and top priorities, register for upcoming webinar

Managed Spend

When the business involves the supply management group in purchasing and sourcing, it can increase savings, better leverage organizational spend, negotiate stronger contracts, and protect the organization from supplier risk. Managed spend, as a percentage of sourceable spend, is a primary indicator of a company’s ability to capture value from the supply management process.

CAPS News-22 January 2025

Catch up on the latest CAPS News: Join us for insights on top risks, preparedness strategies, and updates on U.S. semiconductor production

Leaders' Priorities

Supply chain leaders’ top priorities for the next 12 months are advancing cost savings management, digitizing the S2P/P2P process, advancing supplier risk management, and implementing Generative AI into procurement/SCM processes.  Advancing the department through technology is a priority that delivers high returns with improved efficiency and reduced operating expense.

CAPS News-08 January 2025

Experimentation and Supply Management, Access New Quick Polls & reports, Growth Anticipated in 2025, ASU Leads the way in Manufacturing Training

Supply Chain Operational and Geopolitical Risks in an Age of Slowbalization

For many global firms, the accumulation of risks is amplified by the structural realignment of supply chains in this era of “slowbalization,” a period of slowing international economic exchanges and a shift away from rapid globalization towards more localized or regionalized economic activities.

Read about key operational and geopolitical risks, effective mitigation strategies, and organizational preparedness levels.

 

Top Inventory Technologies

The top 3 technologies used to manage inventory accuracy are ERP/Accounting Software, Barcode Scanners, and Warehouse Management Systems, according to the recent Metrics of Inventory Management report. Inventory accuracy gives you actionable insights into your stock levels and helps you make smarter business decisions.