Nowadays, end-to-end supply chain visibility is essential for success. This means increasing service transparency; 86,400 seconds a day, 365 days a year – in other words, continuous insight into the exact locations of goods or freight, worldwide. This allows the user to make well thought-through decisions.
Need for visibility
There are several reasons for the increasing need for visibility in the supply chain. Globalization is creating global supply chains. This makes it increasingly difficult for companies to control the supply chains, which is also called integrated chain management. Global supply chains bring new challenges. Additionally, customers are becoming increasingly demanding, and companies are limited in their ability to meet these demands because of cost reduction and risk minimization. A lack of transparency makes it difficult to see what is happening in a supply chain at any given moment. This can threaten the effectiveness of an organization and lead to wrong decision making, missed opportunities and high costs. But more importantly, a lack of visibility often results in poor customer satisfaction.
Improvement in supply chain operations
According to Gartner, a global research agency, end-to-end supply chain visibility will increase by 50 percent in 2018. This growth in end-to-end visibility can dramatically improve an entire supply chain operation. The most important thing is to acquire and integrate the required data. Information that makes it possible to scale a business is critical to have as soon as this step is considered. Logistics service providers can create a ‘demand driven supply chain’ if they implement the correct solutions and improve their control over their IT infrastructure. Complete supply chain transparency can help not only reduce risks and reduce operational costs, but can also help organizations predict and plan to meet market needs. In addition, a transparent supply chain ensures that organizations have more control, communicate effectively, respond to changes in demand, resolve issues proactively, and provide the service customers expect from them.
Intelligent software solutions by LSS
“Thanks to our Cloud Enterprise iSuite solution, supply chain manageability and transparency will improve. This makes it possible to find out, in real-time, where goods or freight are in the world. “- Rien van Brugge, general manager of LSS Solutions. Using our iSuite helps clients and partners gain insight in real-time, at any moment and at any level. iTMS is used for Road & Rail while iFMS is used for Air & Ocean activities. The iTMS and iFMS systems are merged into the iSuite, but also available separately.