CAPS News-27 November 2024

Current and Future Risks in Procurement

According to a new report on current and future risks in procurement, 73 percent of respondents identified cyber and data security as the foremost risk impacting their organization. For more insights into procurement risks, be sure to read the full report in the CAPS library.

[Access with CAPS Library]

 

Webinar: Experimentation and Supply Management 

How can experimentation enhance your supply management strategies? Find out in this insightful webinar featuring Professor Craig Carter.

What You’ll Gain:

Insight into Top Practices:

• Discover why leading companies embrace experimentation to enhance supply management

Hands-on Application:

• Learn about a risk-free setting to test strategies, gather feedback, and refine operations.

Actionable Takeaways:

• Gain practical tools to drive success in your supply chain through strategic experimentation.

Partnership Advantages:

• Understand the benefits of collaborating with CAPS and ASU’s SCM Behavioral Lab.

Don’t miss this chance to enhance your operations with strategic experimentation!

[Register Today]

Quick Poll – Market Intelligence

CAPS new quick poll report highlights that the primary key performance indicator (KPI) used for evaluating the effectiveness of market intelligence in procurement is the achievement of cost reduction savings. This emphasizes the value of market intelligence in driving financial efficiency and optimizing procurement strategies.

[Access with CAPS Library]

Quick Fact – Priorities of Procurement/SCM Leaders

Procurement leaders recognize the importance of advancing cost savings management, with 38% ranking it among their top two priorities for the next 12 months. For more insights on the priorities of CPOs and how they compare to previous years, get the full report in the CAPS library. 

[Access with CAPS Library]

Understanding Supply Chain Cybersecurity Vulnerabilities

Revisit the previously published Cybersecurity Archetypes to review the five common method hackers use to access targeted companies via their supply chain. This adaptation from the CAPS report "Cyber Security in Supply Chains" includes high-level mitigation strategies for each archetype.

[Access with CAPS Library]

Navigating Higher Duties – A Case Study

Relying on previous experience with trade duties, The Home Depot plans to take a “differentiated” approach to navigate potential tariff hikes under the upcoming administration. 

[Access with SupplyChainDive]