Even worse, many managers are overconfident in their data. The majority (91%) of supply chain managers believe they are equipped to drive accurate supply chain visibility, but the reality is that only a third (33%) consistently obtain accurate, real-time inventory data.
And in turn, that gap also hinders supply chain managers’ ability to address challenges such as counterfeit goods, shrink and theft, misload and delivery errors, meeting sustainability requirements, and effectively implementing AI within their organization’s supply chain. Those results came from Seattle-based Impinj’s “Supply Chain Integrity Outlook 2025” report, which was based on a survey of 1,000 US supply chain managers.
“Supply chain managers continue to face data blind spots that prevent them from ensuring secure, reliable, and adaptable supply chains,” Impinj Chief Revenue Officer Jeff Dossett said in a release. “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.”
In additional findings, the study showed that 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.
The survey also identified the most significant supply chain integrity challenges and priorities for several sectors:
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
also in retail: 60% of retail supply chain managers surveyed also agree that reducing rates of shrink and theft is a challenge for their organization, and 99% are investing in measures to mitigate these concerns
in the food, grocery, and restaurant sector, 82% of supply chain managers report challenges reducing shrink, which is primarily due to shoplifting (45%), food spoilage (37%), and food waste (35%)
in transportation and logistics, 74% of surveyed supply chain managers are concerned about growing volumes of Load Planning Problems (LPPs), misloads, and delivery errors
The internet of things (IoT) technology provider Wiliot is turning to artificial intelligence (AI) to build a platform that allows “things to talk” and enables businesses and consumers to ask questions about – and have conversations with – their myriad connected products.
The system leverages Wiliot’s core product, its “Ambient Data Platform” that uses stamp-sized, self-powered IoT Pixels affixed to products, packaging, containers, crates, or pallets. Those IoT Pixels send wireless information—such as location, temperature, humidity, and carbon footprint—to the Wiliot cloud, where businesses can analyze the data. The firm’s AI and machine-learning algorithms can also identify supply chain “events” and automatically generate alerts or responses that allow business to course-correct or optimize their operations, like when sensing that shipments of produce or pharmaceuticals have been handled at unsafe temperatures.
By combining GenAI with that enormous source of real-time ambient physical world data, companies – and eventually consumers – will be able to have important conversations with the products they make, source, distribute, and ultimately purchase, San Diego-based Wiliot said.
“Ambient IoT and generative AI are increasingly symbiotic technologies. Ambient IoT generates vast amounts of data about trillions of everyday things, and GenAI can uniquely make sense of all that data,” Wiliot CEO Tal Tamir said in a release. “On the flipside, GenAI learns by analyzing vast amounts of data. To a real extent, that data has so far been finite, but ambient IoT presents massive new physical world datasets that a GenAI platform like WiliBot — and others — can use to describe products, materials, supply chains, and everything connected to the internet.”
As the European Union (EU) continues moving toward its goal to double rail freight traffic by 2050 in the name of more sustainable logistics operations, the policy could drive growth in demand for internet of things (IoT) and shipment tracking technologies, according to the asset intelligence provider Nexxiot.
That change in demand for supply chain tech could come sooner than people think, as the EU has also set an intermediate goal of shifting 30% of road freight moving over 300 kilometers (about 185 miles) to rail and waterborne transport by 2030.
As it eyes those shifts, Nexxiot today said it has named a new CEO to guide the company through its next phase of growth. The Swiss firm has picked Maximilian Eichhorn as its new chief, saying the executive is experienced in steering digital innovation and creating scalable value for transportation clients.
Eichhorn had previously worked as 'vice president digital products and services' for Knorr-Bremse, a German manufacturer of rail and commercial vehicle systems and auto parts, employing some 33,000 people and earning revenues of $8.5 billion.
Nexxiot is much smaller, with around 120 people employed worldwide. But the firm says it has the largest IoT device fleet of its kind globally, with around 1 million digital railcars and shipping containers deployed. That approach is designed to deliver better cargo and supply chain transparency by marrying Industrial IoT (IIoT) and Big Data analytics, to merge the physical and digital worlds.
According to Nexxiot, it can provide “easier, safer, cleaner global transportation for all” byproviding a new hardware layer that can support a single source of truth. “The people who make the supply chain work have been underserved,” Eichhorn said in a release. “They work in tough, physical, and sometimes dangerous conditions, with adverse weather and heavy moving parts. Vital cargo winds its way around the world to where it’s needed, thanks to their resilience and dedication to solving problems. Their real problem, however, is that information is in silos and they don’t have the right tools to hand.”
The best-managed supply chains will undergo a “digital shake-up” in 2024, deploying advanced technologies so they can respond quicker to day-to-day requests, proactively address problem solving, and reduce errors and inefficiencies, consulting firm KPMG said.
Those changes will be enabled by quickly evolving capabilities across areas such as generative AI, data analytics, automation, machine learning, Internet of Things (IoT), and blockchain. But in order to use those tools, organizations must overcome the inherent silos and enterprise systems that will restrict their progress, KPMG said.
To get started, organizations need to first embrace the trends that will define 2024, ranging from AI to distributed ledger technologies, low-code and no-code platforms, and fleet electrification. This will need to be followed by managing the migration to a new digital architecture and executing it flawlessly.
And KPMG said that organizations will need to intensely focus on mining relevant, clean and well-governed data if they want to make the most of their new technology investments. Data will also be crucial as organizations are pressured to meet evolving ESG and Scope 3 commitments.
“As we stand on the brink of 2024, the supply chain landscape is on the cusp of profound transformation. AI and other advanced technologies are quickly reshaping the very core of supply chain management. KPMG professionals believe organizations with the right approach and culture can harness these seismic shifts,” the report says. “Time is of the essence, and those who are ready and willing to adapt quickly will be better able to unlock value, reduce costs, and embrace new models of success.”
Packaging and labeling firms increasingly say that investing in cutting-edge technologies such as cloud computing, AI, and IoT solutions is enabler for business growth and agile supply chain operations, according to a report from enterprise labeling firm Loftware.
More than half (52%) of companies currently host critical enterprise applications in the cloud, and 76% believe artificial intelligence (AI) will be an important part of their supply chain within the next three years, New Hampshire-based Loftware said. The results came from a global survey of over 300 labeling, packaging, and supply chain professionals across industries in 55 countries.
“As companies plan for 2024 and beyond, the combination of geopolitical uncertainties, climate instability, and the threat of recession continues to impact companies of all sizes. Organizations are grappling with disruptions that extend far beyond the traditional scopes, requiring a strategic recalibration to weather the storm and emerge stronger in the face of adversity,” Josh Roffman, EVP of Marketing at Loftware, said in a release. “With this in mind, a commitment to bolstering digital transformation strategies through investment in innovative technologies will be critical to streamline operations, drive growth, and increase profitability.”
The report also found that sustainability has become a crucial strategic and operational priority for organizations of all sizes around the globe. Of those surveyed by Loftware, 78% said they have already adopted sustainability initiatives across their organizations. They have done so because 77% of respondents believe stricter regulations and compliance requirements are pushing businesses to adopt sustainability practices, while 82% reported that consumer preferences for sustainable products are driving this approach.
Facilitating transparency is a vital step in creating resilient supply chains and fostering better sustainability practices, so it’s no surprise that 79% of respondents flagged global traceability as a priority for their company – an increase from 70% just 12 months ago. Using cloud technology, digital traceability helps companies to ensure sustainable sourcing, protect consumers, streamline the location of inventory, guarantee on-time delivery to market, and address the growing issue of counterfeiting. Indeed, 48% of those surveyed believe the inability to effectively manage recalls is the biggest risk of not being able to track products through the supply chain – compared to 33% five years ago.
Andrea Pongolini has more than 20 years of experience in advanced automation solutions for the consumer goods industry. He joined E80 Group, a provider of automation and robotic solutions, in 2007 and is currently the executive vice president of sales. Based in Chicago, he leads E80 Group’s sales efforts in the NAFTA region. Pongolini has a degree in mechanical engineering from the University of Parma in Italy and has done additional study at the University of Chicago’s Booth School of Business.
Q: How would you describe the current state of the material handling industry?
A:The current state of the material handling industry is rapidly evolving, driven by a crucial need for automation. We’ve witnessed a significant shift in focus, especially in the CPG [consumer packaged goods] industries, toward total integration solutions. Companies are realizing the importance of end-to-end automation in their plants and distribution centers. This trend is a testament to the industry’s commitment to automation as a key tool for maintaining competitiveness, particularly in the face of challenges like labor shortages, inflation, and rising material costs.
Q: How are automated solutions helping customers deal with the lack of available labor?
A: Automation plays a pivotal role in addressing the shortage of available labor. It’s essential to note that automation doesn’t replace labor and humans outright; instead, it targets manual, simple, and repetitive tasks. By automating these tasks, businesses enhance efficiency, accuracy, safety, and cost-effectiveness in material handling operations, ensuring that human workers can focus on more complex and strategic aspects of their roles.
Q: What do you consider to be the most significant advancements made by robotic systems in recent years?
A: In recent years, robotic systems have made remarkable strides, particularly in the context of total integration. The integration of hardware and software has become paramount, with a focus on flexibility and digital connectivity. In addition, the rise of the internet of things (IoT) has revolutionized data collection. Businesses now demand systems that can collect and process vast amounts of data, not just for maintenance purposes but also for strategic decision-making.
Q: What factors do companies need to consider when deploying automated guided vehicles?
A: Engaging the right people within the end-user’s organization, especially during the preparation of the software function description, is crucial when deploying automated guided vehicles (AGVs). A comprehensive approach is necessary, with a focus on seamless integration into the existing workflow to automate all facility movements.
On top of that, flexibility in system design is of extreme importance when deploying AGVs. A well-designed system should be adaptable to changing needs and evolving technologies. The ability to easily reconfigure routes, tasks, and workflows as operational requirements shift ensures that AGVs continue to provide value over the long term. This flexibility extends to accommodating new products, production processes, or facility layouts, enabling seamless integration and scalability. A system that can adapt to emerging challenges and opportunities in the future is a key factor in the sustained success of AGV deployment.
Furthermore, safety remains fundamental. At E80, our laser-guided vehicle systems prioritize safety through continuous research and development.
Q: There are many companies producing automated and robotic systems. What makes E80 stand out?
A:What sets E80 apart is our unwavering commitment to total integration and automation. Unlike many providers, we don’t focus solely on isolated tasks. E80 collaborates closely with customers, examining their entire plant or distribution center comprehensively. We begin with a consultancy approach, utilizing our Smart Designer software to simulate the flows of the entire facility before installation.
Our end-to-end solutions, encompassing both software and hardware, are able to automate every single movement, not just repetitive low-value tasks, transforming manual facilities into fully automated ones. Our dedication to listening to our customers’ needs and adapting our technologies accordingly has fostered long-term partnerships and repeat business, making E80 a leader in the industry.
Q: Automation can be a significant investment. Where should companies start their automation journey, and which areas will likely offer the best return?
A: In our experience, starting with tasks that are labor-intensive or prone to human error is highly effective. In the CPG industries, initiating an automated journey from the finished-goods warehouse has proved to be the winning approach.
When possible, we also try to include automating truck loading and unloading operations, or implement fully automated layer- and case-picking systems, which can lead to significant incremental cost savings and efficiency improvements. But regardless of the application, focusing on seamless integration with existing systems, coupled with robust data management, ensures a streamlined transition and maximizes the return on investment.
Q: You have a degree in mechanical engineering. How does that background benefit you in helping customers find the right automated solutions?
A: My background in mechanical engineering equips me with a deep understanding of the technical intricacies involved in automated solutions. It allows me to bridge the gap between our cutting-edge technologies and our customers’ specific needs. By comprehensively understanding the mechanical aspects, I can effectively communicate the capabilities of our solutions to our customers. It enables me to work closely with our engineering teams, ensuring that our automated systems are not only state of the art but also precisely tailored to each customer’s unique requirements. This technical expertise forms the foundation of our customer-centric approach at E80 Group Inc.