The time is right
In almost all supply-chain problems, the first and most fundamental requirement is visibility. Despite advances in technology and multi-million-dollar IT budgets, few companies have a full picture of their supply-chain operations. That lack of a “single source of truth” leads to widespread waste, arguments, and suboptimal decision making. Supply-chain visibility can be achieved by simple solutions, provided they do three things well (see The human side of digital supply chains, McKinsey, 2019
):
- First, they must connect and consolidate data from multiple sources.
- Second, they must clean and organize that data to provide a single, reliable source of truth.
- Finally, they must present that data in a digestible way.
This is precisely what Logit One Visibility provides.