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Welcome to the CAPS Blog featuring all the most recent CAPS releases, newsletters, infographics, and more. 

Navigating the Storm: A Retrospective on Logistics & Freight Challenges

Global freight has increasingly become a focal point as it faces mounting risks and complexities. Recognizing this, CAPS Research is investing more time and research into the area of logistics and freight to build out metrics and best practices. This is critical as our data shows that more and more supply management executives have responsibility in this area. To better understand the role and importance of logistics and freight, we must take a deeper, yet retrospective glance at its significance in our profession.

CAPS News-17 April 2024

Read about: Nearshoring Framework and Strategies, Sourcing Steel, Managing Geopolitical Risks, AI Degree, Payment Fraud

Prioritization of CO2 Reduction

In a recent survey of Supply Management leaders, 30% ranked the prioritization of Scope 1, 2, and 3 carbon emissions reduction as a higher than medium priority while the same percentage ranked it as a lower than medium priority, indicating the profession is split on the urgency of carbon reduction actions.

CAPS News-03 April 2024

Read about: CAPS Flagship Survey Opportunity, Cost Savings Quick Poll and Top Priorities, ISM Report on Business

ESG Integration Drivers

Based on recent CAPS survey results, regulatory compliance and customer pressure are the biggest drivers for integrating environmental sustainability into the selection process for suppliers. Product quality and cost reduction seem to be of minimal or no influence, potentially indicating that companies’ efforts are driven more by external forces than internal adoption.

Engaging Suppliers in Sustainability

Achieving sustainable business practices has become a top priority for organizations. Companies are looking beyond their own operations and focusing on their supply chain emissions.

Read more about how engaging key suppliers in proactive emissions reduction has become an essential strategy for procurement and supply chain organizations. 

CAPS News-20 March 2024

Read About: New Research about Generative AI in Procurement, AI in Software Decisions, Revolutionizing the Supply Chain with AI

Unlocking Potential with Leverage: A Positive Approach

Explore the vast potential of leverage, particularly in the realm of supply management negotiation strategies, where it plays a pivotal role in achieving mutual success.

Identifying High-Risk Suppliers

78% of supply chain professionals surveyed have tools or methods to identify high-risk suppliers related to labor or human rights. Of those, many are using multiple tools including technology, monitoring, and scorecards. The 22% without tools or methods have greater exposure to risk and consequences stemming from compliance failures.

Extended Payment Terms

Recent CAPS Research benchmarks of payment terms revealed the variations of how long after an Original Equipment Manufacturer (OEM) waits to pay for purchased materials and services.