A survey has revealed that retail C-level executives are still experiencing a lack of visibility into supply chain inventory, despite plans to invest in agility, intelligence and automation.
The survey, a collaboration between JDA, Microsoft and Incisiv, called upon more than 221 global C-level executives to look at their supply chain visibility and the data surrounding it.
It revealed that 78 per cent of C-level executives do not have a real-time view of inventory across their supply chain channels, with 50 per cent of them believing they do not have the right platforms or technology in place to support expanded fulfilment options. Key to this digital supply chain journey is data and the use of supply chain data. The report revealed that almost half (46 per cent) of respondents that their own data is of poor quality and that they cannot trust the accuracy of it. Almost half (45 per cent) are unable to understand and utilise analytics tools and 44 per cent don’t even have an analytics strategy in place.