Chain Demand

Next-Gen Supply Chain Investments Expected to Rise

img

ISTOCKPHOTO

Manufacturing, retail and logistics executives are clamoring for more real-time, end-to-end transparency of their supply chains. That desire is driving demand for digital supply chain investments, with 82 percent of executives planning projects to deploy or test cognitive analytics technology within the next two years and 62 percent planning to do the same with artificial intelligence tech, according to a 2019 KPMG survey.

“In just a year, plans to invest in cognitive and predictive analytics have skyrocketed,” KPMG's Brian Higgins said in a statement. Still, where there's change, there are often stakeholder roadblocks. And 42 percent of respondents listed change resistance as the top challenge for implementing these initiatives.

img

—Brian Higgins, KPMG, in a statement

Advertisement

Advertisement

Related Content

  • PM Network

    London Bridges Falling Down member content open

    A decade of economic austerity is taking its toll on London's public bridges. Last year, numerous closings drew ire and concern from frustrated residents. Hammersmith Bridge, Vauxhall Bridge, London…

  • PM Network

    As pontes de Londres estão caindo member content open

    Uma década de austeridade econômica está cobrando o preço das pontes públicas de Londres. No ano passado, vários fechamentos despertaram a ira e a preocupação de moradores frustrados. A Ponte de…

  • PM Network

    Los puentes de Londres caerán member content open

    Una década de austeridad económica está pasando la cuenta a los puentes públicos de Londres. El año pasado, numerosos cierres concitaron la ira y la preocupación de los frustrados residentes.

  • Project Management Journal

    Cash Flow Management of Construction Projects in Saudi Arabia member content locked

    By Shash, Ali A. | Al Qarra, Abdulaziz This article reveals techniques and practices that construction companies follow to forecast and manage cash flow at the project level.

  • Project Management Journal

    How far can BIM reduce information asymmetry in the Australian construction context? member content locked

    By Forsythe, Perry | Sankaran, Shankar | Biesenthal, Christopher Building Information Modeling (BIM) systems are increasingly used in construction projects. Theoretically, these systems provide greater transparency and access to construction project information…

Advertisement