Supply Chain Visibility: From Passive to Active
What is supply chain visibility and why is it important?
Businesses have access to more data than ever before and the speed at which we are collecting it today, it seems almost impossible to keep up with it all. IDC estimates that by 2020, business transactions on the internet, business-to-business and business-to-consumer, will reach 450 billion per day. It’s also predicted that data production will be 44 times greater in 2020 than it was in 2009.
For years, supply chain visibility has been a hot button issue for most B2B and B2C organizations. However, even with this focus, many still feel like their visibility is still lacking.
This white paper will discuss the obstacles facing supply chain managers in achieving true end-to-end visibility and using it to drive optimization. It will then discuss how organizations are taking action on this visibility and orchestrating their operations to truly manage by exception, saving crucial time and resources in the process.