Digital transformation has become top-of-mind for executives in supply chain management (and everywhere else, for that matter), but what’s the true payoff for companies that embrace it?
IDC research found that customers of cloud-based SCM had a truly impressive five-year ROI of 267%, a 12-month breakeven, and 28% more productive supply chain teams, among other benefits.
The analysis showed that benefits like these translated into significant financial gain for study participants—on average, $264,400 per business application per year, equating to $4.91 million per organization. The gains came from their ability to win more business by delivering more products on time and at higher quality, as well as to increase employee productivity, lower operational costs, and increase efficiencies in SCM-adjacent teams, like customer support.
Get the full research results. Download the IDC study.