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Study Shows Top Strategic Priorities for Global Supply Chains

Supply chain executives want to invest in powerful new technologies and business innovations to improve their supply chains, but are hampered by a shortage of qualified talent and never-ending pressure to cut costs, according to a new study by MHI and Deloitte Consulting LLP titled "The 2014 MHI Annual Industry Report Innovations That Drive Supply Chains."

Key Study Findings Include:

The top two strategic priorities of executives are supply chain analytics and multichannel fulfillment.

 The two major barriers preventing innovation in the supply chain are a talent shortage and a continuing focus on cost reduction.

 Three emerging innovations are not yet top-of-mind for executives, but may be soon: sustainability, mobility/machine-to-machine technology and 3-D printing.

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