According to a recent IDC survey, 78% of CIOs from manufacturing, trade, and logistics companies in the Middle East, Turkey, and Africa (META) region are currently engaged in or are about to start a formal Digital (DX) program.
The global trade value chain is going through one of the most disruptive times in recent history. Suppliers, manufacturers, distributors, and retailers have responded quickly by increasing efficiency, embracing digital business models, creating new partnerships, developing new revenue streams, and containing costs.
While the pandemic will have a strong impact on the supply chain over the short and medium term, the changes in consumer profiles and the emergence of digital players will be two trends that will have an overarching impact over the long term.
IDC believes that distribution organizations that use integrated platforms and cloud-based, vertical-specific applications will be the most likely to digitally transform themselves in three to five years and emerge as true digital pioneers. Read this IDC white paper to find out how and why adopting a digital strategy will support your business for future success.