How Does Your Supply Management Team Measure Up?
Institute for Supply Management® (ISM®) and CAPS Research provide data-driven resources and training support to help make critical decisions, especially in times of economic uncertainty. It is more important than ever to invest in proven strategies for attracting, developing and retaining the right talent for your organization.
In 2022, having the skilled headcount in your procurement organization yields an average ROI of 845% based on salary and benefit costs. Source: CAPS Research 2022 Metrics of Supply Management Annual Report
Chief Procurement Officers identified the most important skills to strategically advance Supply Chain Management, as well as the largest gaps.
Here are a few ways we can provide your organization with the tools you need to close the skills gap on your supply chain management team:
CAPS Research: provides supply chain benchmarks as a whole and in specific industries, enabling you to measure your performance on Spend, Organization, Savings, and Operating Expenses compared to others with actionable strategies. CAPS benchmarking provides unbiased data when and how you need it.
ISM Capability Models and Assessments: ISM Capability Models and Assessments gives you data-driven visibility into your team’s strengths and weaknesses, allowing you to build effective team and individual development plans. It also provides real-time pictures of your organizational maturity, helping you measure the overall capabilities of your organization.
ISM’s Corporate Partnership Program: ISM’s Corporate Partnership Program supports your entire team by offering the latest industry trends, education, certifications, and more tools needed to effectively implement those development plans and advance your organization. Your team’s knowledge and skill level are your greatest competitive advantage.