MarketingTech: Retailers have a long way to go for autonomous supply chains, says new report
Story originally appeared in MarketingTech on July 9, 2020. Excerpts from the story below. To see the full story visit MarketingTechNews.net.
The process of automating the retail supply chain is a slow one according to new research – but the desire for change is strong.
The Retail Supply Chain Digital Readiness report, from Blue Yonder and WMG, University of Warwick, found that of more than 100 global retailers surveyed, only 15% have advanced autonomy in their supply chains.
For those who aren’t there yet – level three and four, representing prescriptive or autonomous supply chains respectively – more than half (61%) of overall respondents said they want to achieve prescriptiveness or autonomy by 2025. More than one in five (22%) of those polled said they were currently using spreadsheets to refresh demand planning processes, with three quarters (74%) looking for automation in this area within five years.
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