In Digital Supply Chain: True, we have known for a long time. Devil is in the precise details of data gathered, decisions being influenced and analytics used.
" ... In our new world of distributed supply chains – where companies rely on a wide network of suppliers, contractors, outsourced manufacturers and logistics providers – visibility is critical to long-term success. After all, you can’t manage, much less profitably manage, what you can’t see.
The best supply chains in the world recognize that supply chain visibility means a lot more than simply sharing forecast information with top-tier suppliers. In fact truly strategic supply chain visibility works on multiple levels to reliably counteract the effects of demand volatility by extending cross-network transparency with prescriptive analytics and algorithm-based decision support. ... "
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