Supply
chain executives are most concerned by a need for data accuracy to bolster
supply chain integrity and the use of AI, new research from Impinj, RAIN RFID
provider and Internet of Things pioneer has shown.
Impinj’s
research is based on a survey of 1,000 US supply chain managers, and the
report reveals a data accuracy gap that leaves many struggling to find the
level of insights, visibility, and accuracy required to drive confidence in
their supply chain and respond quickly to market changes.
The report demonstrates how the supply chain
data accuracy gap hinders supply chain managers’ ability to address key
challenges including counterfeit goods, shrink and theft, misload and delivery
errors, meeting sustainability requirements, and effectively implementing AI
within their organisation’s supply chain.
Key findings from
Impinj’s report
The majority (91%) of supply chain managers
believe they are equipped to drive accurate supply chain visibility but only a
third (33%) consistently obtain accurate, real-time inventory data.
Over half (52%) of supply chain managers
face challenges responding to rapid peaks in customer demand driven by social
media- and influencer-driven trends.
Nearly half (47%) of supply chain managers
also report that changes in customer demand due to growth in social media
storefronts (49%) and the rise of the thrift movement (47%) are among the top
challenges for their organisation’s supply chain.
What’s
concerning supply chain executives in 2025?
Supply chain managers prioritise
tackling counterfeits, preventing shrink and loss, and reducing misloads and
delivery errors: The report
highlights the most significant supply chain integrity challenges and
priorities for supply chain leaders within various sectors, including:
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Counterfeit
goods in retail: 65% agree it’s a challenge for their organisation to
reduce the amount of counterfeit goods entering the supply chain. Almost
all (98%) of retail supply managers are taking measures to combat
counterfeiting. Implementing new technologies for authentication of goods
in transit (44%), for general goods verification (42%), and introducing
more authentication checkpoints throughout the supply chain (40%) are the
key actions retailers are taking to combat counterfeiting.
Shrink
and theft in retail: 60% of retail supply chain
managers surveyed also agree that reducing rates of shrink and theft is a
challenge for their organisation, with an overwhelming majority (99%)
investing in measures to mitigate these concerns. Increasing security
checkpoints during transit and delivery (48%) and implementing new
technologies for tracking goods (41%) are the top measures retailers are
taking to minimise the impact of shrink and theft.
Reducing
misloads and delivery errors in transportation and logistics:
Almost three-quarters (74%) of surveyed supply chain managers within
transportation and logistics firms are concerned about growing volumes of
load planning problems (LPPs), misloads, and delivery errors impacting
their organisation. Survey respondents revealed that the largest volume of
errors is most likely to occur as a result of delivery and last-mile
misloads (24%) and label inaccuracies (22%). Almost half (48%) of
transportation and logistics firms plan to invest in improving shipment
accuracy and reducing delivery errors as a critical part of their
sustainability efforts.
Data inaccuracy fuels challenges
implementing AI effectively in the supply chain: The barriers supply chain leaders face in achieving
real-time inventory insights, visibility, and accuracy are also impacting their
ability to effectively implement AI within the supply chain.
Effective AI strategies are built on
accurate data, yet the report reveals that data accuracy is the top challenge
supply chain managers face (43%) in effectively implementing AI to improve
their organisation’s supply chain, alongside data availability (39%) and access
to real-time data (36%). Overcoming these challenges will be essential for
unlocking the full potential of AI across supply chain networks.
“Supply chain managers continue to face data
blind spots that prevent them from ensuring secure, reliable, and adaptable
supply chains,” said Impinj chief revenue officer Jeff Dossett. “It’s essential
that organisations address the data accuracy gap by putting technology in place
to surface accurate data that fuels the real-time, actionable insights and
visibility needed to ensure supply chain resilience.”
Implementing effective strategies to
improve supply chain sustainability is both a focus and a challenge: The pressure to reduce the environmental impact of
their operations continues to be one of the biggest challenges faced by supply
chain managers.
Over a quarter (27%) report continued issues
reducing the environmental impact of their organisation’s supply chain, and 25%
cite challenges in meeting more stringent ESG regulations, such as the European
Union’s Digital Product Passport (DPP) and Corporate Sustainability Reporting
Directive (CSRD).
Across sectors, supply chain managers report
the top ways their organisations are implementing strategies to improve
sustainability include:
Improving the measurement
of their sustainability efforts (52%)