{"id":86418,"date":"2023-02-28T09:31:11","date_gmt":"2023-02-28T09:31:11","guid":{"rendered":"https:\/\/www.intelligentcio.com\/eu\/?p=86418"},"modified":"2023-02-28T09:31:15","modified_gmt":"2023-02-28T09:31:15","slug":"descartes-study-reveals-65-of-companies-plan-to-accelerate-supply-chain-and-logistics-innovation-investment","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/eu\/2023\/02\/28\/descartes-study-reveals-65-of-companies-plan-to-accelerate-supply-chain-and-logistics-innovation-investment\/","title":{"rendered":"Descartes&#8217; study reveals 65% of companies plan to accelerate supply chain and logistics innovation investment"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.intelligentcio.com\/eu\/wp-content\/uploads\/sites\/20\/2023\/02\/ChrisJonesUG13-w.jpg\" alt=\"\" class=\"wp-image-86425\" width=\"199\" height=\"199\" srcset=\"https:\/\/www.intelligentcio.com\/eu\/wp-content\/uploads\/sites\/20\/2023\/02\/ChrisJonesUG13-w.jpg 500w, https:\/\/www.intelligentcio.com\/eu\/wp-content\/uploads\/sites\/20\/2023\/02\/ChrisJonesUG13-w-300x300.jpg 300w, https:\/\/www.intelligentcio.com\/eu\/wp-content\/uploads\/sites\/20\/2023\/02\/ChrisJonesUG13-w-150x150.jpg 150w\" sizes=\"auto, (max-width: 199px) 100vw, 199px\" \/><figcaption class=\"wp-element-caption\"><strong>Chris Jones, EVP, Industry and Services at Descartes<\/strong><\/figcaption><\/figure><\/div>\n\n\n<p>Descartes Systems Group, a global leader in uniting logistics-intensive businesses in commerce, released findings from its study,\u00a0<a href=\"https:\/\/urldefense.proofpoint.com\/v2\/url?u=https-3A__engage.descartes.com_descartes-2Dinsights_home_supply-2Dchain-2Dand-2Dlogistics-2Dinnovation-2Daccelerates&amp;d=DwMFaQ&amp;c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&amp;r=JqYTqmC723Z8lpzWww7e61by3WK1UZ_7p03lmzHCZ3E&amp;m=2-CJY3-WarMLGzGaV8SgCAdYoXn1j1pjYAvPORitPvQ&amp;s=3PzQ0jV9uwKR3KTzNG1zqcmLdVR5BD5dH-BQHJ_KWs0&amp;e=\" target=\"_blank\" rel=\"noreferrer noopener\">Supply Chain and Logistics Innovation Accelerates, but Has Long Way to Go<\/a>, which examined how technology innovation is changing supply chain and logistics operations and executives\u2019 plans for continued investment.\u00a0<\/p>\n\n\n\n<p>The report found that 59% of companies surveyed accelerated the pace of innovation investment and deployment over the last two years. Moreover, 65% plan to increase their technology spending over the next two years; however, 87% indicated they still face internal inhibitors to supply chain and logistics innovation.\u00a0<\/p>\n\n\n\n<p>The study of 1,000 supply chain and logistics decision-makers across nine European countries, Canada and the US provides supply chain and logistics organisations with critical insights into the importance of innovation and differences in the strategies, tactics and technology decisions of top financial performers and those companies whose senior management thought innovation was very important.\u00a0\u00a0<\/p>\n\n\n\n<p>\u201cThe recent past has highlighted that supply chain performance can make or break companies and the need to innovate supply chain and logistics operations has moved to the forefront of many C-suite agendas,\u201d said\u00a0Chris Jones, EVP, Industry and Services at Descartes. \u201cThe study shows that, while efforts in supply chain and logistics innovation are accelerating, many companies are relatively early in their innovation journey in areas such as digitisation and especially in the use of advanced computing technologies such as Machine Learning.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Descartes Systems Group, a global leader in uniting logistics-intensive businesses in commerce, released findings from its study,\u00a0Supply Chain and Logistics Innovation Accelerates, but Has Long Way to Go, which examined how technology innovation is changing supply chain and logistics operations and executives\u2019 plans for continued investment.\u00a0 The report found that 59% of companies surveyed accelerated [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":86426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6617,93,427],"tags":[8403,18329,18327,8,66,6852,18328,9350],"class_list":["post-86418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research","category-top-stories","category-trade-logistics","tag-canada","tag-chris-jones","tag-descartes","tag-europe","tag-innovation","tag-research","tag-supply-chain-and-logistics","tag-united-states"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/86418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=86418"}],"version-history":[{"count":10,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/86418\/revisions"}],"predecessor-version":[{"id":86437,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/86418\/revisions\/86437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/86426"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=86418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=86418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=86418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}