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CAPS Research logo    CAPS Research June 2010 Newsletter

Included in this Issue:

Newly Published Resources
     Cross-Industry Benchmarking: Cross-Industry Metric Report May 2010   » more
     Focused Topic Benchmarking: Assessing Supplier Financial Strength and Dependency Metric Report 2010   » more

Benchmarking Opportunities   » more
      Do You Want to Benchmark?

Events   » more
      11th Annual Best Practices Workshop
      Critical Issue Partnership Event - Successful Capital Projects in Uncertain Times

Noteworthy   » more
      CPO Insights
      Corporate Project – Collaboration Opportunity

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Newly Published Resources:

Cross-Industry Benchmarking: Cross-Industry Metric Report May 2010
The Cross-Industry Report of Standard Benchmarks, published twice-yearly, contains data on 20 commonly referenced benchmarks. The May 2010 report includes data provided by more than 200 companies representing 14 different industry sectors. This report includes key performance indicators for different industry sectors including purchasing operating expense, training spend, diversity spend, total spend as a percent of revenue, supply management organization operating costs, purchase order cycle times, and employee retention.

Focused Topic Benchmarking: Assessing Supplier Financial Strength and Dependency Metric Report 2010
This report brings into focus the need for companies to spot weaknesses within their supply base and act quickly to avoid disruptions caused by supplier vulnerabilities. It includes an overview of how organizations assess the risk tolerance of their suppliers by measuring and evaluating their financial health, organizational stability, and customer-dependency.

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Benchmarking Opportunities:

To get where you want to go, you have to know where you are starting from. Is benchmarking a key component of your organization's strategic objectives? Participating in a CAPS Research benchmarking survey allows you to compare your supply management business practices to those of others within the same industry sector. Resulting differences become targets for future improvement. Contact the CAPS Research Benchmarking team at metrics@capsresearch.org to see how you can start participating today.

Benchmarking Surveys in Data Collection:
  • MRO Goods Market Basket
  • Petroleum Industry
  • Supply Management Workforce Metrics (Manufacturing)
Benchmarking Surveys to be Released:
  • Snapshots – Requiring Suppliers to Maintain Insurance Certificates – June 2010
  • Office Supplies Market Basket – July 2010
  • Pharmaceutical Industry – July 2010
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Events:

11th Annual Best Practices Workshop – This CAPS Research sponsor event, taking place in Phoenix, Arizona, September 26 – 28, 2010, offers highly facilitated group discussions on specific subjects and provides extensive networking opportunities for all the attendees. The workshops are patterned after the format of our highly acclaimed International Executive Roundtables.

Critical Issue Partnership Event – "Successful Capital Projects in Uncertain Times" will be the focus of this two-day sponsor event co-sponsored by 3M and CAPS Research. The program, scheduled to take place August 17 – 18, 2010 in St. Paul Minnesota, will focus on various aspects of capital sourcing projects, such as internal collaboration, supplier relationships, cost savings, and contracts/specifications.

If you would like more information regarding these events, send an email to researchevents@capsresearch.org.

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Noteworthy:

CPO Insights – Questions and responses to hot topics submitted by chief procurement officers of CAPS Research sponsors. Responses are currently being collected on the topic of Internal Customer Satisfaction Metrics. The next CPO Insights, to be released on June 28th, will focus on Supplier Creativity and its Impact on Process Improvements.

Corporate Project – Collaboration Opportunity:
The W. P. Carey MBA supply chain management specialization is offering a no-cost opportunity for your organization to work with their MBA student project teams to analyze a supply chain management problem or opportunity. These four-member MBA student project teams work with your managers and staff December – April to provide:

  • A thorough analysis of the problem or opportunity
  • Potential alternatives for addressing this problem or opportunity
  • A recommendation for a preferred alternative
  • An implementation plan for the selected alternative

For more information on how your organization can participate in this MBA corporate projects program contact Joseph Carter at joseph.carter@asu.edu.

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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™.

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