During 2008 European companies, on average, plan on increasing investment in supply management technology and processes by 15.6% according to AMR Research’s Supply Management Spending Report 2008. US organisations follow closely behind according to the research group, with a planned 13.9% uplift in investment.
Improving supplier connectivity and supply chain visibility are among the top investment priorities, priorities that we see in the market as the organisations we work with move beyond savings and compliance to deliver competitive advantage through fully collaborative supply chain solutions.
Interestingly, green purchasing initiatives come well down the list of investment priorities, again demonstrating the gap between the rhetoric and the practice in this area – a gap that’s only likely to widen if the economic thumbscrews continue to turn.
