Read About: Managing Procurement Technology, Emerging Technologies, Advice for 2024, and the new Member's Dashboard.
Strategic vs. Transactional Buying
Transactional buying remains the biggest focus for supply management headcount, claiming 29% of resources. Strategic sourcing has the potential to produce greater value, but these resources are a smaller portion of the team mix at 23% overall.
Differences in Sourcing, Contract, and Managing Different Types of Technology
Read how digitization, through cloud-based services and emerging technologies like AI, is transforming procurement. Read about discusses challenges in integrating multiple solutions and presents research on sourcing technologies, emphasizing the growing use of SaaS and in-house ERP systems to streamline supply chain management
Climate Science Basics with Information and Methods from the IPCC
Understanding the complexities of climate change science and the Intergovernmental Panel on Climate Change (IPCC) findings provide a foundation for navigating the climate change debate and informing future policy discussions.
CAPS News-18 September 2024
Read about the second Iteration of the MoIM, Travel Expenses, Inventory Planning, COE Best Practices
Payment Terms
Across the manufacturing and service sectors the largest percentage of companies, 31%, use 45-day payment terms. Meanwhile 30% use 30-day terms, 27% use 60-day terms, 11% use 90-day terms, and only 1% report using 120-day terms.
CAPS News-04 September 2024
Read more with our New ESG Scorecard, Gain insights on Freight Spend Metrics, read the latest Report on Business from ISM
Implementing Advanced Analytics
CAPS Researchers created a 4-step roadmap for the successful adoption and implementation of advanced analytics in supply chain. With the growing importance of data analytics supporting SCM decision-making, it’s critical that companies know the steps to effectively implement advanced analytics.
CAPS News-21 August 2024
Dive into the essentials of ESG, from understanding climate science basics with IPCC methods to integrating ESG criteria into your sourcing and supplier selection processes.
Organizational Design
Over the past couple of years, the Metrics of Supply Management Report shows there has been a slight increase in Center-led companies (+6%) and a decrease in Decentralized (-6%). Companies that undergo organizational structure changes as part of an enterprise-wide initiative or market-driven decision face a huge endeavor, but data indicates these changes don’t happen frequently.