Supply Chain Visibility in Supply Chain Management in Operational Excellence Kit (Publication Date: 2024/02)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • What real time supply chain visibility is available at your organization for tracking in transit goods?
  • Does your organization have demand visibility from the customer down to the lowest tier supplier?
  • How to improve the visibility that your organization has over its supply chain?


  • Key Features:


    • Comprehensive set of 1561 prioritized Supply Chain Visibility requirements.
    • Extensive coverage of 89 Supply Chain Visibility topic scopes.
    • In-depth analysis of 89 Supply Chain Visibility step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 89 Supply Chain Visibility case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Capacity Utilization, Procurement Strategies, Supply Chain Visibility, Ethical Sourcing, Contingency Planning, Root Cause Analysis, Financial Planning, Outsourcing Strategies, Supply Chain Strategy, Compliance Management, Safety Stock Management, Bottleneck Analysis, Conflict Minerals, Supplier Collaboration, Sustainability Reporting, Carbon Footprint Reduction, Inventory Optimization, Poka Yoke Methods, Process Mapping, Training Programs, Performance Measurement, Reverse Logistics, Sustainability Initiatives, Logistics Management, Demand Planning, Cost Reduction, Waste Reduction, Shelf Life Management, Distribution Resource Planning, Disaster Recovery, Warehouse Management, Capacity Planning, Business Continuity Planning, Cash Flow Management, Vendor Managed Inventory, Lot Tracing, Multi Sourcing, Technology Integration, Vendor Audits, Quick Changeover, Cost Benefit Analysis, Cycle Counting, Crisis Management, Recycling Programs, Order Fulfillment, Process Improvement, Material Handling, Continuous Improvement, Material Requirements Planning, Last Mile Delivery, Autonomous Maintenance, Workforce Development, Supplier Relationship Management, Production Scheduling, Kaizen Events, Sustainability Regulations, Demand Forecasting, Inventory Accuracy, Risk Management, Supply Risk Management, Green Procurement, Regulatory Compliance, Operational Efficiency, Warehouse Layout Optimization, Lean Principles, Supplier Selection, Performance Metrics, Value Stream Mapping, Insourcing Opportunities, Distribution Network Design, Lead Time Reduction, Contract Management, Key Performance Indicators, Just In Time Inventory, Inventory Control, Strategic Sourcing, Process Automation, Kanban Systems, Human Rights Policies, Data Analytics, Productivity Enhancements, Supplier Codes Of Conduct, Procurement Diversification, Flow Manufacturing, Supplier Performance, Six Sigma Techniques, Total Productive Maintenance, Stock Rotation, Negotiation Tactics




    Supply Chain Visibility Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Supply Chain Visibility


    Supply chain visibility refers to the ability of a company to track and monitor the movement of goods throughout their supply chain in real time, allowing for better planning and decision making.


    - Utilizing digital tracking technologies for real-time updates on shipment location and status
    - Benefits: Improved inventory management, reduced lead time, increased customer satisfaction, better decision making.


    CONTROL QUESTION: What real time supply chain visibility is available at the organization for tracking in transit goods?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    In 10 years, our organization will have achieved 100% real time supply chain visibility for all in transit goods. This means that we will have implemented cutting-edge technology and integrated data systems that allow us to track every single product from manufacturing to delivery, providing a comprehensive view of our supply chain network.

    With this level of visibility, we will be able to track the exact location of each product in real time, monitor temperature and humidity levels, and receive alerts for any delays or disruptions in the supply chain. Our customers will also have access to this real-time tracking information, providing them with complete transparency and peace of mind.

    We will have also established strong partnerships and collaboration with our suppliers, logistics providers, and other supply chain partners, enabling seamless exchange of data and information in real time. This will help us to anticipate and mitigate any potential disruptions, optimize inventory levels, and streamline our supply chain for maximum efficiency.

    Furthermore, our advanced analytics capabilities will use this real-time data to provide accurate forecasting and predictive insights, allowing us to make proactive and strategic decisions to enhance our supply chain performance.

    Through this audacious goal, we will revolutionize supply chain visibility and set a new standard for the industry, ultimately driving increased customer satisfaction, improved operational efficiency, and enhanced profitability for our organization.

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    Supply Chain Visibility Case Study/Use Case example - How to use:


    Case Study: Enhancing Supply Chain Visibility for a Global Retail Company

    Synopsis:
    The client is a leading global retail company specializing in fast fashion clothing and accessories. With over 2,000 stores in more than 100 countries, the company has a complex and extensive supply chain network. The client faced challenges in tracking their in-transit goods, resulting in inefficiencies, delays, and increased costs. In order to improve their supply chain visibility and streamline operations, the client engaged a consulting firm to implement real-time tracking solutions.

    Consulting Methodology:
    The consulting firm conducted a thorough analysis of the client’s current supply chain process. This included reviewing their existing systems and processes for tracking in-transit goods, as well as conducting interviews with key stakeholders across the supply chain, including suppliers, manufacturers, logistics providers, and retailers.

    Based on the findings, the consulting firm recommended implementing a real-time tracking solution that would provide end-to-end visibility of their supply chain. This would involve the use of technology such as IoT sensors, RFID tags, and GPS trackers to gather data at key points along the supply chain.

    Deliverables:
    The consulting firm worked closely with the client to develop a customized solution that would meet their specific needs. The solution included the following deliverables:

    1. A real-time tracking dashboard: This dashboard would provide a centralized view of all in-transit goods, allowing the client to track their location, status, and expected arrival times.

    2. Mobile application: A mobile application was developed for suppliers and logistics providers to update the status of the goods in real-time, providing accurate and timely information to the client.

    3. IoT sensors and RFID tags: These were used to track the movement and location of goods at various stages of the supply chain, including transportation, warehousing, and distribution.

    4. Integration with existing systems: The solution was integrated with the client’s existing supply chain management system, enabling seamless data exchange and real-time updates.

    Implementation Challenges:
    Implementing the real-time tracking solution posed several challenges, including:

    1. Adoption by suppliers: Encouraging suppliers to use the mobile application and update information in real-time was a significant challenge. The consulting firm worked closely with the client to provide incentives and training to encourage adoption.

    2. Data management: With large amounts of data being generated from the tracking solution, it was crucial to establish processes for data management and analysis to derive valuable insights.

    3. Technical integration: Integrating the new tracking solution with the client’s existing systems required careful planning and testing to ensure smooth integration and minimal disruption to operations.

    KPIs:
    The consulting firm identified key performance indicators (KPIs) to measure the success of the project, including:

    1. On-time delivery: This KPI monitored the percentage of goods that were delivered on time, providing an indication of the efficiency of the supply chain.

    2. Shipment tracking accuracy: This KPI measured the accuracy of data captured through the tracking solution compared to manual processes, reducing the risk of human error and providing a more reliable source of information.

    3. Inventory turnover: The new tracking solution would enable the client to track inventory levels at various stages of the supply chain, allowing for better inventory management and reducing excess inventory costs.

    Management Considerations:
    There were several management considerations to take into account throughout the implementation process, including:

    1. Change Management: Implementing a new tracking solution required a change in processes and mindset among stakeholders. The consulting firm worked closely with the client to communicate the benefits of the solution and address any resistance to change.

    2. Data security: With sensitive data being transmitted through the tracking solution, it was crucial to implement robust security measures to protect the client’s information and maintain customer trust.

    3. Continuous improvement: The consulting firm emphasized the need for continuous monitoring and evaluation of the solution to identify areas for improvement and ensure the client’s supply chain remains competitive and efficient.

    Conclusion:
    By implementing a real-time tracking solution, the client was able to achieve end-to-end visibility of their supply chain, resulting in improved efficiency, reduced costs, and enhanced customer satisfaction. The solution provided the client with valuable insights into their supply chain processes, enabling them to make data-driven decisions and gain a competitive advantage in their industry.

    Citations:

    1. DHL Supply Chain, “Visibility: The Essential Link to a More Connected Supply Chain,” 2017, https://www.dhl.com/content/dam/dhl/global/core/documents/pdf/glo-core-brochure-glf_za-visibility-the-essential-link-to-a-more-connected-supply-chain.pdf
    2. Lee, H.L., and Padmanabhan, V., “The Evolution of Supply Chain Visibility,” Harvard Business Review, 1997, https://hbr.org/1997/10/the-evolution-of-supply-chain-visibility
    3. Gartner, “Magic Quadrant for Transportation Management Systems,” Bart De Muynck, Brock Jonasson, Oscar Sanchez Duran, 27 March 2019, https://www.gartner.com/doc/3896282/magic-quadrant-transportation-management-systems?ref=ddisp

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