Reporting on a
survey of 500 supply chain leaders
conducted by YouGov in partnership with FourKites,
highlights that fewer than half are leveraging their supply chain data to inform their strategy, while 14% aren’t using supply chain data at all to make decisions.
A major reason for that shortfall is that 48% of respondents say their supply chain digitization is sub-par, and 43% say they have no single source of truth for their data. However, those same companies are working toward change; most respondents (72%) recognize the importance of connecting disparate supply chain data, and nearly half (42%) plan to invest in technology to de-risk their supply chains over the next six to 12 months.