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A new study by ToolsGroup and the Council of Supply Chain Management Professionals (CSCMP) found that the majority (90%) of respondents are somewhere along the digital journey, but talent deficits threaten to slow progress, with 42% of respondents handling staff/skills shortages poorly or very poorly.
Plus, just 3% of companies didn’t experience any COVID-19-related business impact, while 42% of organizations say the pandemic has accelerated their digitization plans.
“In our 2019 survey, the biggest factor holding back digital transformation was ‘fear of change.’ Today, we see a sharp contrast as COVID-related demand uncertainty has accelerated digitization to enable future resilience,” says Caroline Proctor, chief marketing officer of ToolsGroup. “Technologies such as demand forecasting and inventory optimization, which automate decision making and free up working capital while guaranteeing service, are top priorities for investment.”
/PRNewswire/ A new study by ToolsGroup, a global leader in supply chain planning software, and the Council of Supply Chain Management Professionals (CSCMP).