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Why Do We Need Supply Chain Visibility?

Una

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses?

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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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New Risk Detection Tool Offers Deep-Tier Supply Chain Visibility

Supply Chain Brain

A new artificial intelligence risk detection tool is helping users surface, understand and mitigate threats to their supplier networks within hours.

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Watch: How a Lack of Supply Chain Visibility Fuels Corruption Risk

Supply Chain Brain

Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing 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. Demand visibility all the way up the supply chain.

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Risk Vendor Profiles (Part 4): Supplier management suites risk-monitoring solutions — Coupa, GEP, Ivalua, Jaggaer, Medius (Wax Digital), SAP Ariba, Zycus

Spend Matters

Over the coming weeks, our risk series will cover vendors within the following risk categories: Financial Risk & Supplier Risk. Supply Chain Risk. Contract Risk Management. Compliance/CSR Risk. Fraud Prevention & Services Procurement Risk. Supplier Management Non-Suites.

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