Most of the North American executives maintain their supply chain investment level

Filed in archive Market Overview on November 30, 2008

Two thirds of North American Supply Chain Executives will maintain or increase their investment in technology solutions and services next year, according to the 2008 eyefortransport North American Logistics Technology Report. (the full version can be found here)

Executives agreed almost unanimously (97%) that the economic crisis was having a negative effect on their business. Despite this, 83% of Shippers and 73% of Transport & Logistics providers are confident that their business will see growth next year.

Executives' predictions about business growth are closely tied to their plans for technology investment next year. 63% of companies who do expect to see growth next year, also plan to increase their investment in technology services and solutions, compared with only 23% of companies who do not expect to see growth.

The report also reveals which technology solutions and processes have yielded the best ROI and which need the most improvement. Additionally, it highlights which factors are most important to supply chain executives when seeking new IT and technology solutions.

According to PR Web, the findings of this report will form the basis of discussion at the 2009 eyefortransport Logistics Technology Forum, April 21-22, 2009 in Chicago. The Forum will address how technology and IT solutions can help companies cut costs and survive the economic crisis with keynote presentations and case studies from leading companies in the transport & logistics industry. Senior executives from transport & logistics companies or from major manufacturers and retailers can gain complimentary passes to the Forum by registering through the website.