Facts About Supply Chain Visibility and Shipping Technology
It used to be a non-essential factor in the shipping sector to have shipping technology to access supply chain finance information, but it's now a popular requirement and readily available via a competitive and software-driven industry. However, not everyone understands what supply chain visibility entails. So, what exactly is supply chain visibility and how can technology help? In a single glance, you can see the entire supply chain It's very much what it appears to be. In a typical scenario, day to day shipping operations generate a lot of data. This can be used to improve, optimize and restructure operations along two metrics- time and cost. A good shipping software will allow both macro and micro drill-downs into this vast pool of data. When shared across the ecosystem (partners, suppliers and the anchor company), shipping software can help track the entire journey of a shipment from order to delivery. This gives valuable insights and shows areas of improvem...