Remove Inventory Remove Metrics Remove Supply Chain Visibility
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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility?

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Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Reason #8 Keeping supply chain information in silos.

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Your supply chain is costing you money – Reason #3 Not having end-to-end supply chain visibility

Kinaxis

Not having end-to-end supply chain visibility. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant.

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Order Visibility Is Critical Amid Low Inventories

Logistics Viewpoints

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. Customer-Centric Supply Chain.

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Power B2B Networks

Supply Chain Shaman

If you ask companies if they would like better inventory and global supply chain visibility, you will get an overwhelming answer of, “Yes!” The term supply chain visibility varies by role. ” The answer is simple. ” The answer is simple. They don’t. Enjoy the holidays.

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Editor’s Pick: Top Operational Challenges Solved Through Supply Chain Visibility Solutions

Talking Logistics

This post from ClearMetal’s blog discusses the top operational challenges companies face and explains how enhanced supply chain visibility can improve each one. Supply chain visibility enables proactive decision-making and effective risk management by providing a clear, end-to-end view of the movement of inventory.