As for companies' supply chain enablement technology investment plans over the next 12 to 18 months, 59 percent of respondents said they plan to invest in supply chain planning, including 33 percent that have not yet selected an enabler for this initiative. Also, 57 percent of the companies are focused on business process management projects, including 28 percent that have not signed on with an enabler. Supply chain event management and sourcing technology investment tied for the number three spot, both with 56 percent.
When asked what their budget is for these projects, 23 percent said they have been given between $1 million and $5 million to invest, and an additional 16 percent put their budgets at between $5 million and $20 million. A notable 4 percent said they have budgets ranging from $20 million to $50 million, and a lucky 6 percent are flush with more than $50 million to spend on supply and demand chain enablement projects. Some 18 percent said they have budgets of $500,000 or less.