True end-to-end supply chain visibility is what every global logistics provider aspires to achieve. The good news is that the tools to make it happen are increasingly available. The rise of AI and widespread digitalization are helping to reshape supply chain visibility strategies. Here are three steps toward total supply chain transparency.
Step 1: Embrace Digital Transformation and Advanced Analytics
The first and arguably most fundamental step toward achieving end-to-end supply chain visibility is to get on board with the widespread digital transformation that's sweeping across global logistics.
While many logistics companies have invested in basic digital tools, the path to total visibility across the entire end-to-end logistics spectrum needs an integrated, tech-driven approach.
AI, IoT, and blockchain technologies are the driving forces behind digital transformation, providing real-time tracking, data analytics, and improved decision-making capabilities.
AI and predictive analytics are increasingly giving companies the power to anticipate disruptions before they happen. This has opened up a whole new level of end-to-end supply chain visibility that has long eluded logistics providers.
Plus, blockchain technology is expanding visibility across entire supply chains by creating an immutable record of transactions. This is helping to build trust and accountability between all stakeholders.
Integrating AI, IoT, and blockchain tech is widening the field of vision across supply chains, paving the way for better-optimized inventory management, more streamlined operations, and more informed decisions based on real-time data.
Step 2: Expand Visibility Beyond Primary Suppliers
A common trait among logistics providers is to only monitor their top-tier suppliers. However, the risks often lie deeper within the supply chain.
COVID-19 was a case in point, exposing weaknesses across many supply chains, particularly those that failed to account for disruptions at the sub-tier level.
Expanding visibility beyond primary suppliers to sub-tier suppliers is key to spotting vulnerabilities that could disrupt operations. Emerging technologies like digital twins and supply chain control towers offer a solution.
Digital twins allow companies to create virtual replicas of their supply chain, offering a complete view of all processes and entities involved, including sub-tier suppliers. According to a Supply & Demand Chain Executive report, 60% of chief supply chain officers (CSCOs) are piloting or planning to implement a digital supply chain twin.
Control towers, on the other hand, act as centralized hubs for monitoring and managing supply chain activities in real time. By using these technologies, businesses can enhance their Environmental, Social, and Governance (ESG) performance while mitigating risks such as supplier non-compliance or unethical practices, leading to a more resilient and sustainable supply chain.
Step 3: Foster Collaboration and Integration Across the Supply Chain
Achieving true end-to-end visibility is not solely about technology—it takes collaboration between all supply chain stakeholders. Suppliers, manufacturers, distributors, and even customers must be aligned for global end-to-end logistics to run smoothly.
Disjointed systems and communication gaps can lead to inefficiencies, missed opportunities, and delays.
Collaborative platforms are key to seamless information flow across the supply chain. These platforms offer real-time data sharing, meaning all stakeholders have access to the same information, which improves transparency, trust, and accountability.
Next Steps: Ensuring Sustainable and Effective Visibility
Once a company has achieved visibility, the challenge becomes maintaining and enhancing it. Here are five practical steps to ensure sustainability:
Regularly Update and Upgrade Technology Solutions: As technologies continue to advance, so should your systems. Regular updates mean your solutions remain secure and efficient.
Continuous Training and Development: Equip your team with the knowledge and skills needed to use new technologies and interpret complex data.
Enhance Data Governance: Implement strict data accuracy, privacy, and compliance protocols to maximize the value of your collected data.
Strengthen Supplier Relationships: Build integrated and transparent relationships with suppliers to ensure smoother operations and regulatory compliance
Monitor and Adapt to Regulatory Changes: Stay informed about global trade regulations and environmental standards to remain compliant and avoid disruptions.
More Than a Technological Journey
The path to end-to-end supply chain visibility is more than a technological journey—it’s a strategic move that transforms the way businesses operate.
By embracing digital transformation, expanding visibility to sub-tier suppliers, and investing in collaboration, companies not only mitigate risks; they unlock significant efficiency gains and competitive advantages.
Take Steps Toward True End-to-End Visibility with Vizion
Using Vizion's ocean and rail tracking, shippers can optimize supply chains for full visibility. Vizion solutions are easily integrated and deployed, providing shippers and stakeholders with real-time event notifications, standardized milestone data, ETAs, predictive analytics, and gap-free container tracking.
Book a demo with Vizion today to see what true end-to-end visibility looks like.