Technology like supply chain software and mobile data collection tools have dramatically improved how businesses run, and companies should take these solutions into account when developing their long-term strategies for the next months and years, Angela Poulson, a contributor for Modern Distribution Management, wrote in a recent blog post.
According to Poulson, organizations are increasingly evaluating their existing IT environments to better align technology with business goals, to help with everything from e-commerce initiatives to distribution. In particular, she cited a recent survey that showed businesses favoring data analytics and mobility in terms of their 2013 technology wants.
“For distributors, well-executed technology investments make a real difference,” distribution consultant Brent Grover said in The Little Black Book of Strategic Planning for Distributors.
The key to successfully implementing a new solution like an automated data collection system, according to Poulson, is to develop a plan for identifying precisely how the technology will aid the business. In particular, organizations should conduct an analysis that looks at all of a system's strengths and weaknesses to determine if the technology is ideal.
This level of oversight will be necessary for companies to compete in 2013 and beyond, as Poulson wrote that only the organizations that take the time to carefully consider their technology investments when developing business strategies will be successful in the coming months.