On SupplyChainNetwork.com you find some benefits on Supply Chain Visibility. On my attendance during the last week at the CSCMP Europe 2007 conference in Paris some speakers highlighted the need and the benefits of supply chain visibility. I like this topic, because I know different performances or supply chain maturity levels of companies based on my research and have to agree with them.
To achieve a high supply chain visibility it’s necessary that a company needs integrated supply chain processes internally and externally. Enabling “real-time” supply chain information visibility inside and outside the enterprise should positively impacted the supply chain performance. Based on my previous research on supply chain planning most companies implement different initiatives to gain visibility. They respond more rapidly to changing customer requirements and market conditions and collaborate and share risks along the global network. Many are implementing vendor managed inventory and collaborative planning and forecasting programs, not only with key customers, but also their supplier community. More information can be found in this paper “Placing a lens on supply chain planning“.
How does your company determine how company’s supply chain meets different supply chain challenges? Visibility is necessary to identify issues in the supply chain and the gap between current status and plan. Then corrective actions can be set up to re-align the supply chain. Do you know your supply chain performance?
