Next-Gen Supply Chain Investments Expected to Rise
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.
—Brian Higgins, KPMG, in a statement