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   A Global Research Center for Strategic Supply Management

Email Newsletter, 5/20/2008

News:
J. Shipman Gold Medal Award
On behalf of the CAPS Research organization, I'm extremely proud to announce this year's J. Shipman Gold Medal Award - the supply management profession's highest honor - was presented to our friend and colleague, Robert Monczka, Ph.D., C.P.M., at the Institute for Supply Management's™ (ISM) 93rd Annual International Supply Management Conference and Educational Exhibit. Bob is the Director of Strategic Sourcing and Supply Chain Strategy Research here at CAPS Research, and is also the Distinguished Research Professor of Supply Chain Management at the W. P. Carey School of Business, Arizona State University. This award is presented to individuals whose modest, unselfish, sincere, and persistent efforts have aided the advancement of the supply management field. For over 25 years, Bob has researched, taught and consulted about strategic sourcing and supply management strategies and implementation processes.

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Board of Trustees
CAPS Research Board of Trustees recently elected three leading supply management professionals to serve as Trustees: Susan Brownell is the Vice President of Supply Management at the U.S. Postal Service; Beverly Gaskin is the Executive Vice President of Supply Management at Rolls-Royce North America; and John S. Gundersen, C.P.M. is the Group Executive for Global Supply and Contracts at Newmont Mining Corporation. The Board of Trustees is responsible for setting overall operating policies and procedures, and establishing key research programs for CAPS Research.

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New Resources:
CPO Insights: Managing the Prices of Gold and Other Precious Metals
Managing the direct procurement of precious metals can be challenging and complicated for the supply management team when gold and other precious metals are a significant component of production costs. Read what our CPO community thinks about managing the volatility of precious metals and other market-driven commodities.

Click here to access the resource information page associated with this edition of CPO Insights. CAPS Research sponsors with established user profiles may click 'login to view document' to access the CPO responses.

For more information on how to gain full access to this document and other Knowledge Central resources, see Establishing Sponsor Login.

Not a CAPS Research Sponsor? To learn more about the benefits of becoming a CAPS Research Sponsor, click here.

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Benchmarking report: Market Basket of Goods 2008 Report for MRO Goods
The fourth annual Market Basket of Goods 2008 Report for MRO Goods provides the average and median costs for 50 commonly-purchased Maintenance, Repair & Operating (MRO) items. Each of the 50 line items has a unique description for the actual and equivalent item costs of the market basket items as reported.

Click here to access the resource information page associated with this MRO Goods Market Basket of Goods benchmarking report. CAPS Research sponsors with established user profiles may click 'login to view document' to access the report. Note: this report will be posted to the CAPS Research public web site June 1, 2008.

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May 2008 CAPS Research public web site posting:
Critical Issues Report: Measuring Purchasing Effectiveness
This Critical Issues Report, based on a 2007 event in Madrid, discusses several aspects of measurement systems and models, including: what is appropriate to measure, how are measures constructed, what metrics are important, how can measurements be used to drive improvement, can measures impact forecasting, and what are general lessons companies have learned? The Report also includes case examples from three firms. Click here to access this report at the public web site.

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Benchmarking in Progress:
Data collection for the Engineering/Construction, Financial Services, Industrial Manufacturing, Pharmaceutical, Petroleum and Telecommunications Services Industries continues this month. If you did not receive an email with your participant log-in information but would like to take part in any of these benchmarking industry surveys, contact us at: metrics@capsresearch.org.

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Note:
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Public access to reports is available at www.capsresearch.org. CAPS Research Corporate Sponsors may also access resources at Knowledge Central at www.capsknowledge.org.

If you haven't already done so, I encourage you to click on Knowledge Central Overview for a short, five-minute guided tour of Knowledge Central. If your company is not a CAPS Research sponsor please click on the following Becoming a Sponsor link to learn more.

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For more information about CAPS Research programs and products please contact us at Research@capsresearch.org.

Sincerely,
Phillip Carter, D.B.A.
Executive Director
CAPS Research

CAPS Research is a global research organization jointly sponsored by the W. P. Carey School of Business at Arizona State University, and the Institute for Supply Management™.