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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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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.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Review Inventory turns and Return on Assets. Read more.

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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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No Time Like the Present

Supply Chain Shaman

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Inventories increased by 44% due to supply chain volatility.

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What is OTIF? Meaning, Calculation, & How to Improve

Unleashed

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. What is On Time in Full?

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Inventory Management Solutions & Strategies [Ultimate Guide]

Unleashed

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?