Comprehensive studies to enlighten practitioner strategy
CAPS Research dives into the big issues that are shaping the field. We release both in-depth information and high-level pointers to empower busy supply management practitioners. Our goals are to move from operational to strategic supply management, improve performance, and reduce risk. Projects are led by top academics in the field in collaboration with supply management executives, applying rigor and disciplined research methods that inform and advance the function.
Our research studies are announced on our website and through our social media outlets and newsletter. Please be sure to add yourself to our list and follow us online to learn about our latest research releases. Each research project has four products for your convenience:
- Overview: includes an executive summary, as well as the table contents and other components of the report’s construction.
- Brief: a three- to five-page synopsis that highlights key points of the report and its findings, designed for busy supply management executives.
- Full study: the full research report includes all the components, case studies, and researcher information, for those who want to delve into the methodology and findings.
- Video: a teaser of each project, giving an overview in 3 minutes, posted to YouTube.
The newest research reports are available to members immediately upon release. Non-members with an account in Knowledge Central (http://knowledge.capsresearch.org) may access research three years after release.
Emerging Procurement Technology Landscape: Data Analytics and Cognitive Analytics
Researchers: Robert B. Handfield, Thomas Y. Choi, and Jaikishen Venkitaraman
Procurement is entering into a new world fueled and powered by analytics that includes big data, cognitive computing, real-time information, artificial intelligence, and predictive analytics. Using this information, we lay out the procurement technology roadmap of investment, analytics, and cognition.
Assessing a Supplier’s Innovation Performance
Researchers: Tingting Yan and Kevin Dooley
Gain the ability to assess suppliers’ innovation potential through this project’s survey tool and key performance indicators, taking into consideration suppliers’ historical performance and capacity to innovate.
Supply Chain Costing Strategies: Establishing and Achieving Cost Targets
Researchers: Lisa Ellram, Wendy Tate, and Thomas Choi
Companies are taking advantage of recent developments in business analytics and data availability to develop new ways of setting cost saving targets. We’ll walk you through what cutting-edge approaches they are using to set and achieve cost saving goals and meet targets in multiple categories.
Contracting in Services Outsourcing Triads: An Optimization Perspective
Cosponsored by ASU’s Center for Services Leadership
Researchers: Mei Li, John Fowler, and Thomas Choi
A service outsourcing triad is composed of three nodes and three links, and research shows that omission or mismanagement of any of these links can lead to cost overrun, customer defects, and even expensive lawsuits. We’ll detail the interdependencies among links and set forth the most efficient contractual terms to maximize outsourcing objectives.
Managing Entrepreneurial Suppliers
Researchers: Stephan M. Wagner, Stefan Kurpjuweit, and Thomas Y. Choi
Entrepreneurial or start-up firms are often flexible, dynamic, and innovative, and are seen as incubators for product and market innovation, making them also attractive suppliers. We focus on how to identify, leverage, and integrate the capabilities of these innovative entrepreneurial suppliers.
Supply Base Cybersecurity: Understanding Threats and Corresponding Security Practices
Researchers: Mohan Gopalakrishnan, Victor Benjamin, and Gail-Joon Ahn
We gather leading buying companies’ experiences and best practices across industries to explore what areas of the supply base are most vulnerable, which cyber-based threats present the biggest challenges, and what proactive measures can be taken to mitigate risk.
The Role of Supply Management in Merger and Acquisition: Separation and Integration
Researchers: Kevin Linderman and David Wohler
To encourage successful M&As and avoid missteps, we investigate when to include supply chain in making an M&A decision, what supply chain activities companies should separate and integrate, and how they should separate and integrate them.
Currency and procurement: Mitigating Risk and Reducing Total Cost
Researcher: Theodore Farris
Foreign exchange management, one of the best opportunities for supply cost reduction, is a hidden risk which could dramatically impact your final negotiated price. Consider a buyer-supplier relationship between a Canadian firm and a U.S. firm. The variation in the Canadian Dollar to US Dollar between January 17 and May 1 in 2016 was 16.4% – a variation with big implications for both trading partners. Properly informed purchasing professionals can manage currency exchange fluctuation to protect their firms and trading partners.
Blockchain: Applications on Supply Management
Researchers: Dale Rogers, Todd Taylor, and Raymundo Beristain-Barajas
Blockchains operate on distributed computer platforms that utilize shared databases, consensus approval and peer validation. This functionality lends itself to supply networks and purchasing activities. This study will examine the applicability of blockchain technologies on supply management and the procurement profession.
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