Supply chains and tech top list of investments for organisations

Posted on 17 Jan 2023 by The Manufacturer

According to a new report by the Capgemini Research Institute, in the face of economic headwinds, organisations are taking a cautious approach to investment. Disruption in the supply chain is seen as the top risk to business growth for 89% of organizations, ahead of rising raw material prices and the energy crisis. Supply chain resilience is a key priority with 43% of businesses planning to increase investment here, while 39% intend to increase investment in technology to reduce costs and drive business transformation. Sustainability will be prioritized by organizations in the US and China, less so in Europe.

For this research, the Capgemini Research Institute surveyed 2,000 respondents from unique organisations with more than $1bn in annual revenue, across 15 countries, in Nov and Dec 2022, and analysed their investment strategies in areas such as digital transformation, supply chain, talent and skills, and sustainability for the next 12-18 months. Capgemini CEO, Aiman Ezzat,…

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