Supply Chain Visibility Saves Manufacturers Money via Real-Time Data
According to Narayan Laksham the closest any manufacturer can get to a magic bullet is supply chain visibility. Supply chain visibility is needed to achieve manufacturers' goal of saving money quickly and inexpensively. All partners get access to data in real-time; visibility to all orders allows suppliers to proactively respond to abnormal fluctuations in demand. Poor visibility often results in parts shortages. Frustrated manufacturers report having no idea they were down to the last box of parts. The result is...
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