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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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Building Outside-In Processes

Supply Chain Shaman

This requires bi-directional communication between trading partners in the value chain. The gaps in supply chain visibility as shown in Figure 1, are problematic for most companies. Figure 1: Current Levels of Visibility. Business Leader Confidence in ERP to Deliver on Supply Chain Visibility Requirements.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Market-Driven Processes. Demand Sensing.

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Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

For success, companies need to gain visibility into this complex supply chain network to collectively sense and properly respond to changes in supply and demand. End-to-end supply chain visibility is a key to becoming a demand-driven enterprise. Increased forecast accuracy of about 25%.

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6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Super-efficient supply chains with accurate forecasting and well-managed inventories worked fine until the virus hit us.