Manufacturers and Distributors Modernize Platforms and Solutions to Address Tax and Technology Challenges – SlashdotMedia AdOps Asset Management

Manufacturers and Distributors Modernize Platforms and Solutions to Address Tax and Technology Challenges

The wave of digital transformation that has prompted businesses to migrate some applications to the cloud and re-evaluate process efficiency has officially hit the Manufacturing and Distribution (M&D) industry. Having shifted their sourcing to a handful of large overseas suppliers over the past decade, many companies were unprepared for COVID-19 lockdowns that increased demand for certain materials and introduced new business models and shopping habits as global supply chains were disrupted. In anticipation of the next worldwide crisis, M&Ds can refocus on their core businesses, streamline and automate tax management, and redesign their supply chains to be more flexible, scalable and risk-tolerant.

In this white paper, we will review some highlights from IDG’s Research’s MarketPulse Survey of employees at M&D organizations with revenues of between $250 million and $1 billion. The purpose of the research was to better understand from M&D employees the drivers behind decisions, challenges they are facing today, and any future-state technology plans.

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