Top Challenges of Transportation and Logistics Companies in Digitizing Operations

Top Challenges of Transportation and Logistics Companies in Digitizing Operations

Proof Point

Lack of digital culture and training identified as most common challenge in digitizing transportation and logistics operations

Top Challenges of Transportation and Logistics Companies in Digitizing Operations

2016 (percentage)

Note: Data from PwC’s Industry 4.0 Survey of more than 2000 executives of industrial companies (including transportation and logistics) from 26 countries

Proof Point Findings

  • Digital Enterprise – Organizations using technology as competitive advantage in internal and external operations
  • Digital Organization Mindset – Half of transportation and logistic executives identified absence of digital culture and training as biggest challenge in digitizing business operations, with another third also mentioning lack of vision and support from top management
  • Lack of Resources – Respondents also highlighted resource challenges, such as high financial investment required for digitization (38%) and insufficient talent (26%)
  • Key Drivers – Include rising consumer preference for digitized transactions and offerings, increasing demand for faster and more efficient transportation and logistics services, and growing industry awareness of business benefits brought about by digitization of processes

Accelerator

Market Disruption

Sector

Transportation and Logistics

Source

Date Last Updated

August 17, 2017

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