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Supply Chain Visibility

DRIVE SUCCESS WITH VISIBILITY Transportation ONLY accounts for almost 9% 50% 5 of logistics professionals have complete visibility into their supply chain - Lack of Data of an average company's logistics costs - and transportation costs, as a percent of sales, are rising for many companies - Reliance on manual processes 72% 50% see biggest opportunity for more agile supply chain strategies followed by end-to-end visibility of shippers are increasing f their use of outsourced logistics services this year 53% slly in supply chain of shippers say a 3PL can support end-to-end Shippers want to collaborate with 3PL using BIG DATA 0. BIG DATA Prompt, Accurate, One-Place 97% SHOWS 22% of shippers agree that improved, data-driven decision-making is essential to future success BIG DATA ANALYTICS of shippers are currently planning big data initiatives for supply chain the impact of freight on budgeting, profit margins, forecasting 31% of shippers are not familiar with big data and associated opportunities Visibility is MOST IMPORTANT for: SUPPLIER LOCATION LEAD TIME SHIPMENT CUSTOMER INVENTORY OF GOODS NOTIFICATIONS SATISFACTION How to ENHANCE Visibility 40% 44% 21% INTEGRATE costs and INCREASE B2B transactions to operations + Improve internal cross- departmental visibility CREATE streamlined connectivity process for monitoring, usability, efficiency 45% 43% TOP Pressures to growing global operations / complexity IMPROVE need to improve supply chain operational speed / accuracy Supply Chain Visibility Lack of Visibility = Consequences Cannot pro-actively manage customer service issues Unable to respond quickly to revenue opportunities Additional costs Lack of (higher inventory, unplanned OT) understanding and information Sources (Websites): Aberdeen, Environmental & Energy Management News, Capgemini PLS LOGISTICS SERVICES

Supply Chain Visibility

shared by PLS-Logistics on Sep 08
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Learn why visibility is the key to supply chain success and the role big data plays in the evolution of business technology.

Publisher

PLS Logistics

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Category

Transportation
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