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CAPS News - 15 Dec 2021

Explore employee training, skills gaps in supply management, the supply chain this holiday season, and more in this week’s CAPS News.

Closing the supply management skills gap

Is your organization lacking advanced analytics or emerging technology skills? As these skills become increasingly more important, it might be time to review your talent needs and identify skill gaps to address over the next year.

Total Cost Savings

Cost savings is a cornerstone KPI for most supply management groups, measured here as reduction and avoidance in managed spend. In 2021, Oil and Gas led with 7.1% total cost savings.