CAPS News - 24 Feb 2021

Preparation is the first step in a solid category management strategy

In this edition in our series of category management playbook articles, we explore how preparation sets the groundwork for a winning category strategy. [Read more in the CAPS blog]

Implementing artificial intelligence in supply management

19% of companies currently use artificial intelligence in supply management, with operational efficiency listed as the most important reason for using it. (Source: Implementing Emerging Technology in SM, CAPS, 2021)

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How business leaders can prepare for the next health crisis

According to CAPS researcher and NC State University professor Rob Handfield, PhD, large organizations of all industries can learn from the health sector in adopting a cooperative, proactive approach to supply chains during crises. 

[Read the article in HBR]

Cutting China off would cost America hundreds of billions in USD

U.S. businesses risk losing billions of dollars and global competitiveness if sweeping policies force separation from China. 

[Read the article on CNBC]

Retail sales burst as consumers spend stimulus checks

Retail sales were up 5.3% in January – a blockbuster start to 2021 – surpassing projection in broad-based spending.

[Read more on CNBC] 

U.S. government seizes more than 10 million phony N95 masks

The seizure is the result of a major federal counterfeit investigation with an estimated 6,000 victims in 12 states.  

[Read the article on AP News]