Manufacturer Tech Investment Trends: Report
Overcoming Challenges
Of course, for many enterprises, implementing new, more advanced technologies means upgrading their IT infrastructure. Sixty-five percent of companies said their current network can’t support their needs for the next two years, and 61% are not satisfied with the reliability of their in-facility network or connectivity.
Aside from supply chain disruptions, workforce challenges continue to plague companies. Eighty-six percent reported labor shortages and issues within workforce management. Others reported employee turnover (70%), competitive compensation (75%), and needing to recruit skilled workers (85%) as key challenges.
"These results show how distribution operations have shifted toward increasing productivity to satisfy online shoppers' evolving needs," said Gaurav Pant, chief insights officer, Incisiv. "Companies that empower their people with proven technologies and invest in infrastructure upgrades will gain a competitive advantage."