Impinj, Inc. announced findings from its new Supply Chain Integrity Outlook 2025 research report.
Based on a survey of 1,000 US supply chain managers, 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. While the majority (91%) of supply chain
managers believe they are equipped to drive accurate supply chain visibility,
the reality is that only a third (33%) consistently obtain accurate, real-time
inventory data. The report's findings show 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
organization's supply chain.
The report also reveals 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 organization's supply chain.
Supply chain managers prioritize 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:
-
Counterfeit goods in retail: 65% of supply chain managers agree it's a
challenge for their organization to reduce the amount of counterfeit goods
entering the supply chain. Almost all (98%) 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
organization, 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 minimize the impact of shrink and
theft.
-
Shrink in the food, grocery, and restaurant sector: The issue of
shrink becomes even more pronounced within the food, grocery, and restaurant
sector where 82% of supply chain managers report challenges reducing shrink.
Shoplifting (45%), food spoilage (37%), and food waste (35%) are the top causes
of shrink reported by supply chain managers in the food industry. Implementing
new technologies for shopfloor surveillance (45%), tracking goods (44%), and
reducing food waste (44%) are key measures organizations in food, grocery, and
restaurants are taking to decrease shrink.
-
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
organization. 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 organization'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 organizations
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 organization'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
organizations are implementing strategies to improve sustainability include
improving the measurement of their sustainability efforts (52%), improving
last-mile delivery efficiency (44%), reducing waste (41%), and implementing
recycling initiatives (40%).
Download the full Supply Chain Integrity Outlook 2025 report here.