Manufacturing

New research finds that more than half of business leaders place digital strategy and data analytics high on their agenda. Yet, 32 percent of respondents currently see themselves as having weak or no capabilities in these areas. Meanwhile, the supply chain was rated by consumer goods and retail executives as the No. 1 challenge for their companies and is also the most likely to receive increased investment this year.

Tyson Foods President and CEO Donnie Smith says that the company lacked then necessary scale to gain lading share positions in these markets.