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Obstacles to Multi-Tier Supply Chain Visibility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.

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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

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Manufacturers Must Seek Better Supply Chain Visibility

ivalua

One area that manufacturers need to focus on is improving supply chain visibility. Here we define visibility as having access to accurate, real-time data that enables better decision making and risk mitigation. Most manufacturers have a good handle on their Tier 1 suppliers but limited insight into who supplies them.

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Analyst eye on how purchasing must really become supply management

Spend Matters

Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. For even more granularity concerning what a solution can do to give you supply chain visibility, turn to TechMatch.

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FourKites Introduces Multimodal Purchase Order Lifecycle Visibility

Supply Chain Brain

FourKites, a real-time supply chain visibility platform, introduced multimodal purchase order tracking for all freight in the FourKites system.

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Circularise: Vendor Analysis — Supply chain traceability solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!