Supply Chain Council of European Union | Scceu.org
News

Supply Chain Upgrade Plans: Just 29% of Retailers Satisfied With Automated Forecast Processes

Many retailers are ready to modernize their supply chains, particularly after the disruptions of the past two years. Just 29% of retailers are currently satisfied with their solution’s automated forecast processes, while 50% are planning an upgrade or have a budgeted project. Another 52% are interested in upgrading their network cost modeling capabilities.

Additionally, 53% of retailers are looking to improve their current demand vs. forecast analysis and re-balancing, which can help them be more responsive during times of change — an important consideration given the recent ups and downs of inventory availability.

Check out this infographic from Blue Yonder, based on information from RSR, for more supply chain stats.

Related posts

JDA: three key ways to transform the supply chain | Supply Chain Management

scceu

Lockheed, Guardtime Federal Form Supply Chain Digital Integrity Partnership

scceu

Montenegro sees stable supply chain despite Ukraine war

scceu