Managed or sourceable spend is increasingly being managed by supply management and procurement groups. This growing influence results in a more strategic approach, increased savings, and greater protection from supplier risk. On average, 85 percent of spend for all companies, regardless of sector, is managed. How does your company compare? Source: The Metrics of Supply Management (Cross-Industry) Report, CAPS Research, July 2018. ...

Aligning and integrating with the business has become a high priority for supply management leaders as they drive strategic value into their companies. In the last year, tactical level engagement has dropped from 15% to 4% (as reported by respondents), while strategic focus has grown by 10%.

Cost savings is the most pertinent metric for demonstrating the effectiveness of the supply management group

Where is your ERP procurement module hosted? If you haven’t or don’t plan to move to cloud hosting, what’s your reason for hosting internally?

The length of CPOs’ careers in procurement and supply management has grown over time. Less than 20 years ago, CPOs averaged 15 years in the function; in 2017, average years of experience grew to 21. The CAPS Research study 2017 Profile of a CPO includes trends on compensation, gender, mobility and many other job-related characteristics of the CPO. ...

The strategic role of the supply management group is expanding in scope, but at many companies, existing headcount levels and resources remain unchanged.

Through the years, organizational design of supply management groups at large global companies has shifted between decentralized and centralized designs.