Nowadays, many companies want to become flexible and make strategic decisions based on reliable information, not gut feelings and individual experience. It becomes possible when basing on data acquired in real-time or from the past. To improve supply chain visibility, you can use barcodes, RFID, NFC and IoT devices, data integrations, software solutions and other technologies. The trick is to recognise your goal and customise a solution to your needs.
Visibility is being considered one of the top priorities across industries to achieve success. It is certain that supply chain visibility will grow in prominence over the coming years.
By providing valuable information, supply chain visibility pushes forward the concept of using advanced analytics to improve business strategies. And in the future, those advanced analytics will transform into predictive analytics, and also lay the basis for automation of processes within the supply chain.
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