Real talk? Some of the biggest companies don’t even have this level of visibility. Let’s get back to our hot-and-ready Pizza Tracker - the pinnacle of accessible, simple, and uncomplicated supply chain visibility. In other words, supply chain visibility is a critical tool for any company that wants to stay ahead of the competition. You can manage workflows in every ecosystem of your business, from transportation costs and scheduling delivery drivers to risk management and identifying inefficiencies. It also allows you to track supplier performance, monitor inventory levels, and even predict customer demand.

Supply chain visibility gives you the ability to do just that. Now, end-to-end supply chain visibility is possible.Ĭompanies can identify bottlenecks, optimize resources, and improve customer satisfaction using SCV automation.īuilding a resilient supply chain means being able to see potential risks and issues before they cause problems. Gone are the days of paper logs and endless manual processes. The benefits of supply chain visibility are boundless. Supply chain visibility software gives companies insight into key performance indicators (KPIs), such as cost, delivery time, and quality.īusinesses can use this data to make informed decisions about where to put resources and how to improve efficiency during the different supply chain processes. Supply chain visibility directly impacts how much money you can make. So, why is supply chain visibility important?ĭo you really need to dig into the metrics of supply chain operations, create digital spreadsheets, or constantly seek new ways to improve business operations and supply chain performance?Īround 70 percent of supply chain leaders said that improving supply chain visibility by understanding spending analytics was a top priority. The goal of an ERP system is to give companies a complete overview of their business and offer supply chain data to improve decision-making. Supply chain visibility (SCV) is usually a part of the enterprise resource planning (ERP) system.Īn ERP system is a software platform that helps companies manage different aspects of their business, including inventory, finance, and human resources.

Today’s digital supply chain networks make it possible to track individual items as they move through the supply chain.įor example, Walmart uses radio-frequency identification (RFID) tags on products to see where each item is at all times, track inventory levels, and improve inventory accuracy. Many companies use third-party logistics providers to manage their supply chains. Supply chain visibility is the ability to see what’s happening at every production stage - from raw materials to finished products. That’s where supply chain visibility comes into play. These issues are certainly not great for customer retention. I’ll walk you through supply chain visibility, explain why it matters, and offer tips for harnessing the power of real-time data to improve your own supply chain.Īs anyone who has ever played a game of “telephone” knows, it’s very easy for information to distort as it travels down the line.Ĭompanies that can’t see what’s happening at different stages of production can face errors, delays, and dissatisfied customers. While the Pizza Tracker is amazing in its own right, it’s also a lesson in the power of supply chain visibility.Ĭompanies need to see their supply chains clearly to meet customer demands, avoid supply chain disruptions, and improve inventory management. Today, customers are obsessed with knowing where things are and when they’re coming.Ī recent study showed a whopping 91 percent of consumers actively track their packages. In many ways, it was a sign of what was coming. It gave customers access to information they didn’t even know they needed or wanted. The tracker was customer-friendly, attractive, and transparent. It also gave us a much-needed sense of control when everything often felt out of control.ĭomino’s saved its brand with a hot and fresh visualization of its supply chain management. Like a beacon of hot deliciousness, the Pizza Tracker let us follow our pizza through the creation and delivery process so we knew exactly when it would hit our lips. In 2008, Domino’s Pizza stock was at an all-time low of $2.83 a share.īut there was one bright light during the chaos: the Domino’s Pizza Tracker.

Dominos tracker pizza