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CAPS News - April 2020

We have a resource page available to members and nonmembers relating to the pandemic as well as other practices to help your company stay resilient.

Pulling Back

CPOs report a slowing of discretionary spending, capital investment, and expansion plans, but the Services sector is driving these numbers the most.

Forecast Adjustments

According to a recent CAPS Research survey of Fortune 600 CPOs, 42% of companies are changing their forecasts due to declining demand, resulting from the pandemic.

Material Inventory

As a result of the COVID-19 pandemic, companies are increasing material inventory across the board, led by the manufacturing sector at 55%.

Assessing sub-tier suppliers

In a recent survey, "Responding to the COVID-19 Pandemic," 75% of CPOs say they're assessing sub-tier suppliers - a drastic increase over last year's data.

Travel Bans and Revenue

Are the U.S.-imposed travel bans impacting your company's revenue? CAPS surveyed 74 CPOs of Fortune 600 companies, and we're sharing results broken down by sector.

Travel Bans, Suppliers, and Employees

In a survey of 74 CPOs, we explored the disruptions that U.S.-imposed travel bans are causing for Fortune 600 companies.

CAPS News - March 2020

We hope you all stay healthy in this shift to a mainly digital work environment. Participate in upcoming surveys, like the COVID - 19 one out now.

SM's Adoption of New Tech

Supply management organizations are increasingly adopting new technology to adapt to current business needs, boost efficiency, and increase cost savings.

Centers of Excellence

69% of the companies we surveyed have or plan to have a center of excellence in the next two years