Maybe because of, or in spite of the troubling economic climate, companies are looking to invest more in supply management equipment and services for 2008. According to a study by AMR Research entitled Supply Management Spending Report 2008, US companies, on average, plan on increasing investment in supply management technology and processes by 13.9%, according to AMR. In Europe, the study says, the figure will be even higher, with planned increases averaging 15.6%.
Supply Chain Digest, summarizing the report, notes that AMR also asked companies to rate the perceived importance of a variety of supply management processes and technologies compared to the company’s current capabilities/performance in that area.
"While the research showed important gaps between importance and performance in areas like supplier connectivity and visibility, the largest gaps were actually in more basic areas, such as contract management and spend analysis. Services procurement was another area that showed a large gap between importance and performance," says SC Digest.
Global warming or climate change doesn't seem to be a hot topic - or anything green for that matter. The study shows that "green procurement" initiatives ranked near the bottom of the priority list, cited as the top priority of only 4% of respondents.
For more information on corporate supply spending trends, contact Source One Inc. at:
Source One Management Services, LLC
724 Fitzwatertown Road
Willow Grove, PA 19090
Phone: (215) 902-0200
Fax: (215) 902-0202
Toll Free: (888) 399-7687
Supply Chain Digest, summarizing the report, notes that AMR also asked companies to rate the perceived importance of a variety of supply management processes and technologies compared to the company’s current capabilities/performance in that area.
"While the research showed important gaps between importance and performance in areas like supplier connectivity and visibility, the largest gaps were actually in more basic areas, such as contract management and spend analysis. Services procurement was another area that showed a large gap between importance and performance," says SC Digest.
Global warming or climate change doesn't seem to be a hot topic - or anything green for that matter. The study shows that "green procurement" initiatives ranked near the bottom of the priority list, cited as the top priority of only 4% of respondents.
For more information on corporate supply spending trends, contact Source One Inc. at:
Source One Management Services, LLC
724 Fitzwatertown Road
Willow Grove, PA 19090
Phone: (215) 902-0200
Fax: (215) 902-0202
Toll Free: (888) 399-7687
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