

“Transparency” is a word that carries more weight than it once did. Today, a company must account for everything, especially in its supply chain. Supply chain visibility becomes increasingly important the more companies outsource because segments of the process are handled by other companies—often in another country.
Customers want to know about status or delivery updates as soon as changes in shipments occur. Therefore, the more transparent your supply chain is, the more your company can meet the wants, needs and expectations of customers.
End-to-end supply chain visibility provides a competitive advantage because it allows you to serve your customers better.
Some benefits to expect include:
Supply chain visibility might seem complex and difficult to adopt, but it can be broken down into three stages: the order stage, in-transit stage, and invoice and audit stage.
During each of these stages, information collected can be handled either manually or automatically. A third option, an integrated approach, communicates information through independent, but connected, systems.
Manual input is when errors are most likely to occur and simultaneously when visibility is weakest. An integrated approach, on the other hand, tends to be the most accurate and transparent of the three options.
By using an integrated approach to supply chain information handling, the improved visibility will help your stakeholders make informed decisions rapidly. Further, you’ll save time and effort over manually created reports. As a result, your customers will receive orders more quickly. You will also experience fewer errors and profit losses, which will result in lower operational costs.
Increasing end-to-end visibility within your supply chain is an ever-changing process because new technologies and opportunities are introduced every day to improve operations and results. This is not, however, an area of business where you can simply integrate solutions and consider it done.
As supply chains expand and lengthen with the increase in the number of global resource providers, distribution channels and markets, more will be required to ensure that visibility remains intact over time. Solutions—including omni-channel software platforms, complex system integrations and other advancements—will be ongoing requirements to maximize supply chain visibility, which ultimately plays a role in driving cost savings, revenue and profitability.
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