This is what companies are investing in in 2023: the focus is on technology and the supply chain

By: Trademagazin Date: 2023. 02. 07. 11:36

Faced with economic headwinds, companies are cautious about investments. At the same time, 43% of businesses plan to increase investments in the supply chain, while 39% want to increase investments in technology.

In November and December 2022, the Capgemini Research Institute interviewed more than 2,000 managers of companies with annual sales exceeding $1 billion in 15 countries and analyzed their planned investment strategies for the next 12-18 months based on the answers. Based on this, it is clear that 89% of organizations consider interruptions in the operation of the supply chain to be the main risk to development, ahead of the rise in raw material prices (67%) and the energy crisis (64%).

In order to minimize this, 43% of managers plan to increase investments in the supply chain by an average of 10.4% over the current level in the next year and beyond. They plan to make investments mainly in supply chain technology (ensuring their flexibility, transparency and visibility) and diversification (diversification of the supplier base, production and shipping partners). In Western European countries, they plan to invest more in the latter, while in the Asia and Pacific region, they plan to invest more in supply chain technologies.