Six Steps to Supply Chain Visibility

A recent clear goal sidebar on 12 steps to supply chain visibility in Stores magazine outlined 12 steps a company can take for boosting transparency in the supply chain. What's important to note is that half of these steps revoled around data, data availability, and new technology -- something this blog continually advocates. Specifically:

  • increase data quality
    as this allows for better analysis
  • create an information hub
    so that all information can be accessed from one central location
  • be aware of when your suppliers' labor contracts are expiring
    as this could be a disruption in the making
  • develop visibility solutions that are flexible enough to accommodate multiple fulfillment models
    since multiple shipment types and routes might be required to prevent disruptions
  • rack costs like freight, insurance, duties, taxes and other government charges
    because all data is relevant
  • implement route planning software
    to optimize transportation and freight costs

There is no substitute for good systems and good data.

 

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