How Technology Can Support Strategic B2B in 2014
- December 20th, 2013
- By: Loraine Lawson
Recently IDC released its annual end-of-year predictions for manufacturing in 2014. The research firm predicts a convergence of operational, information and consumer technologies will push organizations to “reshape approaches to information management.”
This shift will require modernizing the underlying B2B commerce backbone, and IDC predicts 2014 will be the year IT makes these investments a major priority.
Here’s why B2B leaders may want to update B2B technologies, including integration and automation tools, to support these emerging trends:
CFOs will collaborate more with supply chain leaders to create a more strategic B2B organization. CFOs love hard numbers, particularly when it comes to monetary-related metrics such as time-to-pay, order turnaround and how well a supplier performs. While supply chain leaders may monitor some of these KPIs, CFOs will expect data to be precise and comprehensive.