Supply Chain Disruption Accelerates Digital Transformation

According to a new industry report from MHI and Deloitte, nearly 80 percent of leading supply chain players surveyed said they’re accelerating their digital transformation due to the disruption from the pandemic.

The annual industry report for 2022, entitled Evolution to Revolution: Building the Supply Chains of Tomorrow said 64 percent of supply chain leaders are increasing tech investment in technologies including artificial intelligence and predictive analytic, with 18 percent saying they’ll invest more than $10 million in new tech over the next two years, 41 percent said they’ll spend more than $5 million and two out three will invest more than $1 million in tech during the same period.