The Inovis Blog

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Supply Chain Management Review recently published a piece entitled Supply Chain Technology Outlook: Spending to Boost Low-Penetration Software. Not surprisingly, the technology needs of companies these days vary depending on size, according to this article.

Based on a recent survey given by SCMR, large companies with more than a billion dollars in revenue are putting supply chain visibility as well as performance measurement at the top of their list for technologies they hope to adopt. While midsize companies under $1 billion seem to share the same need with large companies for integration both inside and outside their enterprise, they reportedly place more importance in supply chain network design. One interest that seems to span both mid and large companies is inventory optimization.

In addition, companies that are within process industries are more likely to focus on technology that increases productivity, decreases supply chain working capitol requirements, and assists compliance to government regulations. This includes aspects of logistics activities and supply chain planning such as transportation management, finite capacity planning and scheduling, inventory optimization, and international trade documentation and compliance.

What does your company have on its list as the next step to success?