Supply Chain Visibility is Dead
With the advent of the internet of things (IoT), digital supply chain solutions are now providing real-time IoT-based vs. latent EDI-based visibility.o
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With the advent of the internet of things (IoT), digital supply chain solutions are now providing real-time IoT-based vs. latent EDI-based visibility. Despite these advances, however, few people realize that supply chain visibility has become the shadow of a much greater value driver.
While it’s nice to know the real-time location of a shipment in-transit, it’s far more valuable to accurately predict when it will reach its destination, or to understand current and predicted lead-time and throughput variability to effectively match dynamic supply to dynamic demand. These predictive and prescriptive capabilities are driving far more value than stand-alone supply chain visibility ever did.
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