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has proved to be the case in former economic cycles [link widoczny dla zalogowanych], organisations are turning attention to their supply chains as a means of finding efficiencies and operational cost savings as a means of combating tougher economic conditions.
Research never places 'reducing supply chain costs' lower than second place in the reasons why companies invest in supply chain technologies. But in better times [link widoczny dla zalogowanych], organisations have placed ‘meeting customer mandates’ in the top slot; reflecting a more positive ambition to improve their service [link widoczny dla zalogowanych], competitiveness and growth over mere cost reduction exercises. But that was then.
A recent survey revealed some very interesting findings about investment trends in the UK and European markets, with supply chain emerging a key focus area across a range of industries.
The findings show that in recent times there had been an increase in the amount invested in IT (Information Technology) - with more than half of the respondents stating this to be the case. In addition, nearly more than half of the respondents in the foreseeable future hope to further increase their IT investment.
In terms of where this investment is going, there is a strong emphasis on improving the value chain components of the supply chain