5 Ways to Increase Supply Chain Visibility

There are three main issues companies encounter when dealing with supply chain visibility (SCV): 1) Sharing information across links in the supply chain. 2) Interruptions in the supply chain (demand, weather-related, etc.). 3) Picking out the most useful data as a product goes from A to B.

Simply waiting for blockchain to improve visibility and reporting is not a reasonable expectation for any supply chain manager. Blockchain is not a silver bullet, and there are areas that will continue to be obstacles if and when blockchain becomes more integral to processes. In fact, blockchain will continue to have limitations stemming from network size, complexity, human error, and speed. Which for some supply chains, might make it more hassle than it is worth.

In the meantime, we have to do the best we can with what we have, and perhaps the following steps will help increase your supply chain’s visibility and put your company’s supply chain on the route to success.

1. Define What Visibility Means

What does visibility mean for your company?

Supply Chain Visibility (SCV) should be seen as an end-to-end network from fabrication to delivery that a company can leverage to increase brand awareness and loyalty from customers, give the organization the ability to pivot when changes are…