You can’t control what you can’t see
Five causes of supply chain blind-spots – and how to fix them
Poor shelf-availability. Shipment delays. Delivery shortages. Lost stock. High product waste. Excessive inventory levels. They’re all symptoms of blind-spots in the supply chain. They’re problems you can see, that tell you there are things you can’t.
But what creates blind-spots in the system, and how can you deal with them? See if your supply chain suffers from any of these five root causes.
Is your data in too many places, formats and systems?
Data’s only useful if you can turn it into meaningful insight. And you can only turn it into insight if you can access it easily. To get a single version of the truth, you need to unify your supply chain data.
Are you struggling to see real-time data?
If your data is always hours or days out of date, you can’t react to disruption in time to adapt. It might mean you’re unable to fulfil orders, or that products aren’t on shelves when customers want them. Real-time data helps you avoid these issues, protecting customer loyalty and your profits.
Do some parts of your supply chain capture and share information better than others?
With supply chains more global than ever, standardising is difficult. But when it comes to the supply chain, you’re only as strong as your weakest link. If you don’t have full visibility of some of your suppliers, you can’t keep digital order flows and physical deliveries in sync.
Is your supply chain network too inflexible to adapt to new demands?
Adding capacity at peak times? Onboarding new partners? To stay ahead in a constantly changing economy, you’ve got to be nimble. The challenge is to make sure that these new or temporary parts of your chain are connected and visible.
Do different people have access to different data?
When stakeholders can’t see the same information, it’s hard to move in the same direction. It means things fall through the gaps, and your people aren’t empowered and accountable. They need access to the full picture to take charge of their own KPIs.
The right approach to supply chain visibility, using the right tools, can eliminate all of these causes at the root.
To find out more about what it takes to achieve 360° vision in the supply chain read our report…