The report reveals that to modernize supply chains, enterprises must engage with AI/ML technologies. However, top decision-makers still have concerns about security and workforce integration. The research conducted by GEP surveyed IT directors, CIOs, and CTOs in various industries and found that process and data gaps between systems (41%) and cybersecurity risk (39%) are the biggest supply chain and procurement issues. Enterprises are realizing that leveraging big data is necessary for improved data quality and analytics, but traditional software and solutions are not equipped to handle it. Therefore, organizations need tools and solutions that can take advantage of cutting-edge AI and ML technologies while dealing with key issues.
