Supply Chain Visibility Excellence: Fostering Security, Resiliency and Efficiency
Key findings include:
Best-in-Class companies experienced a 3% decrease in supply chain execution cost as a percent of revenue (inbound /outbound transportation, pipeline and staged inventory and SC management costs)
Best-in-Class companies experienced a 3% decrease in total landed costs per unit handled
Best-in-Class companies are between 19% and 42% more likely to respond to non-catastrophic supply chain disruptions within hours.
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The increased complexity of global supply chains has led to longer lead times, more pipeline inventory, and the need to control downstream and upstream logistics. This report focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service. Before a company can reduce inventory or landed cost, it needs visibility. Only then can it apply tools to agilely adapt to the information.