Supply chain visibility: how it can improve the bottom line

Learn more about what supply chain visibility is, what the process entails, and how it can deliver significant benefits.

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Stages of supply chain visibility

Level Focus Capabilities Example outcome
Basic Tracking and reporting Shipment tracking, inventory logs Identify delays after they happen
Advanced Real-time visibility IoT sensors, GPS, cloud SCM Spot bottlenecks as they occur
Predictive Anticipating risk AI/ML forecasting, supplier scoring Reroute before disruption hits
Prescriptive Providing automated responses AI-driven decisioning, digital twins Establish a self-correcting supply chain
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FAQs

All industries will benefit to some degree, as it simply makes the business more efficient. However, it’s more vital for certain industries to have SCV in place. This includes the pharmaceutical industry, as many of the goods will require cold chain management and are subject to intense compliance standards, as well as the food and beverage industry, which must maintain quality control and the protection of perishables.

SCV supports sustainability by prioritising green energy routes and transportation methods. It will often mandate the ethical sourcing of key raw materials and supplier compliance, and it can help businesses track carbon footprints and reduce them wherever possible.

Supply chain management is the broad umbrella term for all business operations related to stock and supply chain logistics. Its overall objective is to ensure the business keeps running efficiently. Supply chain optimisation uses data, analytics and technology to maximise the potential of supply chain management operations.