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Supply Chain Visibility Has Never Been More Important!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Toilet Paper Supply Chain! In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! Supply Chain visibility and the Digital Supply Chain has never been more important!

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Click here!

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The Missing Step to Most Supply Chains that Increases Efficiency

SCMDOJO

But before we get to that, let’s establish why supply chain visibility matters. Why Supply Chain Visibility Matters In the First Place Supply chain visibility refers to the ability to track and monitor products as they move through the supply chain.

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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

However, it measures the company’s ability to meet customer expectations by delivering the correct products in the proper quantities and within the specified timeframe. Moreover, it helps identify production bottlenecks, assess the impact of process improvements, and monitor the overall productivity of the manufacturing process.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The bottom line is your bottom line.

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Growing recognition within pharma that inventory management should be a top priority

The Network Effect

Unlike the consumer goods sector, the stock levels in the pharmaceutical supply chain (“pipeline stocks”) typically amount to 30–90% of annual demand in quantity. And supply chain cycle times (defined as elapsed time between material entering as raw material and leaving as product) are often between 1 and 11 months.