96% of Hi-Tech Supply Chain Executives Under Increased Pressure to Boost Corporate Profits

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96% of Supply Chain executives in the hi-tech and electronics industry feel they are under ‘more pressure than ever’ to drive profitability at their companies.

The results emerged from the 2010-2011 eyefortransport Hi-Tech Supply Chain Executive Survey, conducted in November 2010, and published in the 2010-2011 Hi-Tech Supply Chain State of the Industry Report.

The survey results correlate with executive interviews in which respondents said that in the post-recession era, supply chain is being asked to deliver innovative and cost-cutting measures. Beyond simply cutting costs, supply chain executives are also being asked to develop strategies that directly boost sales and customer service levels.

To respond to these increased challenges, supply chain executives will look to their supply chain service and solution providers for new solutions. 45% of respondents, however, stated that their solution providers are ‘not proactive enough’ in proposing new solutions and strategies.

The report also reveals what hi-tech supply chain executives are looking for in their solution providers, and revealed some interesting disparities between what they are seeking, and what solution providers think they want.

Hi-tech supply chain executives were also asked about their priorities for 2011, and cited cost reduction, reducing supply chain complexity and improving visibility as the top priorities.

The key topics of the report will also form the foundation of discussion at the 5th eyefortransport Hi-Tech & Electronics Supply Chain Summit, April 14-15. Senior-level speakers from companies including Cisco, Intel, Microsoft, Lexmark, NXP, Infineon, Avago and others will join together to discuss how to innovate new supply chain solutions and drive profitability.

Complimentary passes to the Summit are available to senior supply chain executives from hi-tech or electronics companies. Limited sponsorship and exhibition opportunities are also available for supply chain and logistics service and solution providers. For further details on the Summit or the report, contact eyefortransport.

The full report is available here: http://www.eft.com/hitech/download-report.shtml

Summit details are available here: http://www.eft.com/hitech

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Emma Miller - Summit Passes
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Toby Spencer - Sponsorship & Exhibiting
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