Report showcases growing demand for cloud-driven collaboration to enhance supply chain visibility and resilience PORTSMOUTH, N.H. , Nov.
14, 2024 /PRNewswire/ -- 90% of industry professionals say there is an increased need for connection and collaboration across the global supply chain, supported by the transformative power of cloud technology, to improve efficiency, ensure compliance, avoid fines, and reduce overall costs, according to research released today by Loftware . This comes at a time when executives are focused on building more resilient, transparent, and agile supply chains to navigate disruptions and shifting consumer demands. The global survey, which draws on insights from over 400 supply chain professionals across industries in 55 countries, found that 84% of companies believe it would be beneficial to join an ecosystem where supply chain partners share access, data, and standards to improve efficiency, ensure compliance, and reduce overall costs.
Additionally, nearly three-quarters (74%) of respondents said the Cloud offers a more flexible and agile framework for streamlining labeling access for trading partners, highlighting the ongoing importance of digital transformation. "Today's supply chains are more global and complex, while expectations from business and consumers have increased. This has led to greater need for connection and collaboration as companies embrace digital transformation to streamline interactions and ensure compliance with suppliers, cust.
