TechRepublic: Report: Retailers need to accelerate digital supply chain adoption
Story originally appeared in TechRepublic on July 9, 2020. Excerpts from the story below. To see the full story visit TechRepublic.com.
Against that backdrop, Blue Yonder, which provides a machine learning-driven digital fulfillment platform, recently asked WMG, the University of Warwick, to find out from global executives how far into digital transformations their retail companies were. It turns out, the company said this week, most are in the early days of adoption.
Research for the report, “The Retail Supply Chain Digital Readiness,” was conducted by WMG between March and April 2020, and included 104 respondents from Asia (China and Turkey), Europe (France and UK), Latin America (Argentina, Brazil, Colombia, Suriname, and Uruguay), North America (Bahamas and USA), and Oceania (Australia, Tuvalu).
According to a news release, only 15% of retailers currently have “prescriptive or autonomous supply chains” (Level 3 and Level 4 on a scale of 1-4). However, the report also revealed that retailers hold digital transformation ambitions, with 61% saying they want to achieve a prescriptive or autonomous supply chain by 2025.
In The News
- iTWire (Australia): How Blue Yonder is Applying AI and Innovation To Solve Supply Chain Challenges
- Modern Materials Handling: Blue Yonder’s Logan Kluth on the Real Value of Cloud WMS
- SiliconANGLE: The Road to Intelligent Data Apps With Blue Yonder’s Chief Product Officer, Gurdip Singh
- FreightWaves Running On Ice: Prioritizing The Vaccine Supply Chain
- Sourcing Journal: Blue Yonder’s Sónia Peres On AI/ML’s Role in Fashion, Retail
Analyst Reports
- IDC Market Analysis Perspective: Worldwide Warehouse Management Systems, 2024
- Gartner Maximize the Value of AI in Supply Chains With “Whole Product” Use Cases
- IDC MarketScape: Worldwide Professional Services Providers for Retailers 2024 Vendor Assessment
- IDC Market Analysis Perspective: Worldwide Transportation and Logistics, 2024
- IDC Market Glance: Retail Last Mile, 3Q24
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