Shippers — often called beneficial cargo owners or BCOs — are eager to outsource their supply chain and logistics technology operations. These enterprises that count the movement of goods as central to their operations have multimillion-dollar digital transformation budgets that are growing at double-digit percentages. Vendors specific to logistics technology, as well as those providing general IT infrastructure and software for industries, could land massive amounts of new business supporting the digitalization of shipping at such firms, spanning a range of industries including consumer-packaged goods, industrial and high-tech components, and food and beverage. According to our Supply Chain Digital Transformation Enterprise Survey 2023 , about seven in 10 shippers today have a digital transformation strategy in place. While some of that high number may be due to how individual companies define "digital transformation" or what it means to have a strategy in place, there is no doubt that the companies participating in the supply chain and logistics sector have undergone technology disruption that started before the COVID-19 pandemic and has accelerated since. The survey asked 500 enterprise shippers, logistics service/technology providers and transportation carriers (trucks, planes, ships, etc.) about their technology needs and plans. For enterprise shippers, specifically, the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
