Supply chain visibility – what is it?
Supply chain visibility is the ability to monitor and track all supply chain processes and operations in real time. This includes the ability to track goods, data and information at every stage of their journey, from production to transportation to delivery to the customer.
Visibility in the supply chain is crucial for effective management, as it allows for faster identification of problems and response to disruptions. With full visibility into processes, companies can make better operational decisions, optimize delivery routes, and reduce costs associated with warehousing and transportation.
The use of modern technologies, such as the Internet of Things (IoT), supply chain management (SCM) systems and data analytics, significantly increases supply chain visibility. These technologies enable real-time data collection and analysis, which allows for demand forecasting and effective planning.
With globalization and the increasing complexity of supply chains, visibility is becoming not only a competitive element, but also a necessary condition for maintaining operational liquidity and adapting to changing market conditions.
Frequently asked questions
1 What are the benefits of supply chain visibility?
Benefits include better control over processes, faster response to problems, and the ability to optimize operations.
2. What technologies support supply chain visibility?
Technologies include real-time monitoring systems, RFID, IoT and advanced data analytics.
