20% of Logistics IT Executives Select RFID as Worst ROI Tech
Technology continues to be one of the driving forces of innovation and differentiation in supply chain and logistics today. In our continued efforts to keep our finger on the pulse of the industry, eft is releasing the results of its 2013-2014 Supply...
The Supply Chain Technology Report outlines the supply chain technologies that are currently pushing the business strategies of logistics companies, manufacturers and retailers. It’s a fantastic glimpse into what technology priorities these companies are currently adopting as well as how these decisions are being made.
Key findings in the report include:
- 54% of respondents indicated that Big Data will have a signifcant to game changer impact on their company's performance
- 31% of respondents thought inventory management had the best ROI
- While the worst ROI in technology investments - was RFID, with over 20% seeing little ROI
- 37.9% of shipper respondents indicated that BI was the next big area they were investing in
'IT has really come to the forefront of mechanisms companies are using to get ahead' said Haley Garner, Research Director at eft 'We're seeing a boom in technology investments and innovation taking place in supply chain and logistics. This report provides some of the concrete numbers on who's investing where, and more importantly why.'
In addition to this report, eft will be exploring logistics and supply chain technology at the upcoming European Logistics CIO Forum – November 17-18 in Amsterdam – with top IT decision makers from leading companies including the CIOs of CEVA, IJS Global, Flash Europe International, DAMCO, Post NL, Port of Rotterdam, Yusen, etc.