![]() ![]() ![]() Supply chain visibility is the ability of monitoring or displaying of product orders and physical product shipments from the production phase to their distribution and ultimately to their latest delivery point. To a large degree, Excel remains the focus of data consolidation, visibility, and analytics.īefore diving into key requirements of successful supply chain visibility and analytics, first, make a quick definition of these two points. It may be because of the reported statistic that over half of the large IT projects fail, and a large portion of the completed projects do not survive user scrutiny. Honestly, while many in the digital media talk about comprehensive supply chain visibility and analytics initiatives, I see very few success stories on supply chain visibility and analytics with these idealized “control tower” characteristics. Some control towers request near-real-time analysis, drill down capabilities, simulation and predictive analytics. ![]() Many large corporations want “ supply chain control towers” to measure forecast accuracy across products and regions, understand regional differences in demand patterns, analyze returns, balance demand, and supply, track supply chain performance and gain insights to manage their product portfolio. The study from the ARC Advisory Group (2016) and the most recent one from The Hackett Group (2018) are remarkably similar in their basic observations: “supply chain visibility & analytics” remains at the top-of-mind for the executives. ![]()
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