Independent research company Loudhouse surveyed product-centric companies* to find out what's holding them back in 2015...
*Retail, ecommerce, wholesale distribution and manufacturing
The study reveals
66%
of product-centric companies feel optimistic about growth in 2015
68%
want to grow faster than the industry standard
Three areas emerge as critical for expansion
95%
cite customer experience and customer service
85%
highlight supply chain and operations
71%
emphasise the importance of HR and talent
93%
of organisations say using data to inform decision-making in these areas is crucial
But few have fi nance and planning integrated with other core business systems
say customer service is fully integrated into finance & planning
say supply chain & ops is fully integrated into finance & planning
say HR & talent is fully integrated into finance & planning
What's more
62%
of organisations DON'T have a business system that provides a holistic picture of customers or business functions
This means no single version of the truth is available to businesses
1) Keep up with consumer demand
2) Remove supply chain bottlenecks
3) Ensure an effi cient workforce
4) Focus on competition and price
5) Keep up with advances in technology
Find out how cloud solutions can maximise growth for products organisations by downloading the full report:
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