Almost 90 percent of supply chain execs say they face barriers to digitization
The study polled 1,000 supply chain and logistics decision-makers across nine European countries, Canada, and the United State.
The report Supply Chain and Logistics Innovation Accelerates, but Has Long Way to Go, found that 59 percent of companies surveyed had accelerated the pace of innovation investment and deployment over the last two years. As well, 65 percent plan to increase their technology spending over the next two years. However, 87 percent indicated they still face internal inhibitors to supply chain and logistics innovation.
The study found a correlation between executives’ commitment to innovation, the company’s financial success and employee turnover.