Supply Chain Visibility Isn’t Just a Catchphrase; It’s an Imperative

The bottom line: After a brief period of adjustment, the supply chain is about to get much faster, simpler, and more resilient.

Edge Verve Infosys Logo 63e1154160455

*This content is brought to you in partnership with EdgeVerve*

The rapid growth of direct-to-consumer (D2C) fulfillment models during COVID-19 has decentralized demand, adding to complexity, cost and volatility. Supply chain visibility isn’t just a catchphrase; it’s an imperative.

It shouldn’t be surprising that better order, inventory, and shipment visibility tops the priority list for 60% to 80% of companies in supply chain surveys.

Whether it’s a new pandemic variant, weather event, or containership blocking the Suez Canal, unforeseen circumstances can easily provide a tipping point that throws demand, supply, and capacity out of alignment overnight.

It will become imperative over time for businesses of all sizes to undertake digital transformation, leading to the interconnection and consolidation of supply chains over time. Look for more operations and processes to be automated, further shortening response times, eliminating error, and compressing the order-to-pay cycle, while freeing up people and resources for more productive, rewarding work. Onboarding and data harmonization will likely become almost plug-and-play for small and mid-sized suppliers and vendors, with network capability emerging as a key differentiator on the way to becoming ubiquitous.

2023 04 27 12 59 23 Edge Verge Trade Edge Demand Sensing pdf