Survey: Retail execs know supply chain tech provides competitive advantage

Top procurement retail executives assert that the application of supply chain technology offers a significant advantage over competitors, according to C2FO's inaugural retail pulse survey, as provided to Supply Chain Dive. Of those professionals surveyed, 97% said that supply chain tech could at least somewhat provide a competitive advantage, with 73.5% stating that the tech provides a significant advantage over competitors. 71% of those surveyed revealed that they plan on investing in logistics technology over the course of the next year. Despite company awareness of the need for adapting supply chain tech, only 47.5% surveyed admitted that they are at least somewhat agile at adopting innovative tech, with 31% stating that they are not very agile at all.