3 supply chain visibility challenges
Logistics is a complex business. From ever-changing weather conditions, road and air traffic, through politics, general market unpredictability and new legal requirements – you must monitor lots of information and take into consideration impact from many directions. Technologies of supply chain visibility ought to handle some of these challenges, but sometimes they are troublesome too.
87% of chief supply chain officers (CSCOs) questioned by IBM admit that it is challenging to predict and manage supply chain disruptions.
And 84% of respondents point to lack of visibility as their biggest challenge.
Supply chain visibility and information sharing
Identifying possible sources of data, converting them into one format and processing the information is of great importance for obtaining visibility in the supply chain. But information gathering and processing can be problematic.
Moreover, once you know what data to collect and what conclusions are drawn from them, you will start wondering how to share this information with the right people in your company, your business partners, clients, marketing agencies and other stakeholders.
Try reaching out to software consultancy companies with experience in logistics (Skyrise.tech is at your service).
In the early 2000s, Logistics Management Systems (WMS, TMS, IMS…) were standalone products that did not exchange information with each other. In many cases those solutions are blocking the process of innovating. Separate databases, slow inquiry response or outdated software architecture hard to upgrade affect a company’s effectiveness.
The growing importance of supply chain visibility forces us to introduce new solutions to
- exchange data between IT systems freely (API, EDI, webhooks, plugins etc.),
- update the old ones
- or leave the legacy software behind.
IoT tracking devices send data to cloud platforms, where data is stored, processed and analysed. A big benefit of cloud solutions is scalability, easy maintenance and automatic upgrades. Furthermore, cloud solutions are simply safe and usually much easier to connect to with other systems. Keep in mind, that the company that wants to digitalise its logistics has to invest time and money and use the help of IT specialists to innovate and keep up with the dynamic market.
Management issues in supply chain visibility
The solution is, however, straightforward. Don’t try to rush things.
Implement one element at a time,
check how it works
and then implement another.
Tech solutions must go through comprehensive testing and in supply chain visibility, these tests may take quite some time.