Supply Chain & Logistics Technology Spending to Remain Strong, Despite Economy: 88% of Executives to Increase or Maintain Technology Spending Next Year

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A new report from EFT Research shows that despite feeling the effects of the economic crisis, supply chain executives plan to maintain and even increase investment in technology solutions next year. The Report also highlights the best technologies in terms of ROI and what factors executives consider when choosing new IT and technology.

A new report from EFT Research has shown that 88% of supply chain & logistics executives plan to increase or maintain their investment in supply chain technologies, even if they do not predict business growth next year. The report compiles survey responses and opinions of over 200 top supply chain executives from companies including Philips, Norbert-Dentressangle, Schenker, CEVA Logistics, and DHL.

Despite unanimous agreement that the global economic crisis is having a negative impact on the supply chain industry, 64% of executives still expect to see business growth next year. Interestingly, 84% of executives who do not expect to see growth in their business next year still intend to increase or maintain their investment in technology and IT solutions.

The report also reveals which technology solutions and processes have yielded the best ROI and which need the most improvement. Additionally, it highlights which factors are most important to supply chain executives when seeking new IT and technology solutions.

The findings of this report will form the basis of discussion at the 2009 eyefortransport Logistics Technology Forum, February 19-20, 2009 in Amsterdam. The Forum will address how technology and IT solutions can help companies cut costs and survive the economic crisis with keynote presentations and case studies from British Airways, DHL, CEVA Logistics, Philips, Alcatel-Lucent and other leading companies.

The full report can be viewed here: http://events.eyefortransport.com/logisticstecheu/report.shtml

More information about the eyefortransport Logistics Technology Forum and how to get a complimentary ticket can be found here:
http://events.eyefortransport.com/logisticstecheu/index.shtml

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Emma Miller
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