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CAPS News - 10 March 2021

CAPS is bringing new inspiration to both members and non-members, starting with a full docket of research and new category management knowledge.

The second step to create a category management strategy: internal analysis

Organizations rely on category management to build alignment between procurement strategies and business requirements. Internal analysis is a critical step for understanding the current state of procurement so you can create a category management system that delivers proactive, strategic support for your company.

Total Cost Savings

Our annual Metrics of Supply Management report provides KPIs for headcount, OPEX, spend, savings, ROI and more, broken out further across multiple industries.

Preparation is the first step in a solid category management strategy

Successful category management can help supply managers be more strategic with goods and services, align to the business, and leverage resources. Preparation – the ideal first stage in your playbook – sets the groundwork for excellent category management governance and accountability.

CAPS News - 24 Feb 2021

We delve into the best first step in your category management playbook, implementing AI, and big post-pandemic shifts in the health sector.

Investing More in Strategic Roles

As companies identify priorities and fill gaps, strategic hires of supply management professionals shift to reflect organizational needs. Compared to last year, supplier diversity positions increased by 1.4%, category managers by 3.9%, and data analysts by 1.1%.

CAPS News - 10 Feb 2021

Cashflow has been the lifeblood of many companies post-pandemic. We explore payment terms, the evolution of the auto industry, sustainability & more.

Supply Management ROI

Supply management (SM) return on investment (ROI) is a simple way to demonstrate the value of the function. To calculate your organization’s SM ROI – a powerful metric to communicate the value you deliver to stakeholders – divide cost savings (reduction + avoidance) by supply management operating expenses.

CAPS News - 27 Jan 2021

How post-inaugural executive orders impact the supply chain, 7 key stages of category management strategy, pandemic recovery, and more relevant supply management news.

How 2021 executive orders impact supply chain

Robert B. Handfield, Ph.D. of North Carolina State University provides a perspective on U.S. President Joe Biden's post-inaugural executive orders, and what they mean for supply managers.