neroyou.blogg.se - Meaning of visibility

#MEANING OF VISIBILITY SERIAL NUMBER#
#MEANING OF VISIBILITY FULL#
#MEANING OF VISIBILITY VERIFICATION#

In other instances, what’s required is the ability to determine the status and location of batches of identical components or products to ensure market requirements are met. This is important in instances where products are similar but not identical, such as in vehicle manufactures where different trim and color options apply.

#MEANING OF VISIBILITY SERIAL NUMBER#

In some instances, manufacturers need to track individual products and components by their unique serial number or identification code. But, in both instances, traceability and visibility requirements include more than the physical location and status of components, but also quality control and other information such as: In some instances, there’s the need to monitor and track individual components, while in others, tracking is at batch level. The requirements for supply chain visibility vary greatly depending upon the industry. Different Types of Supply Chain Visibility These figures illustrate the importance of high supply chain visibility and the advantage it offers over companies struggling at lower levels of visibility.

#MEANING OF VISIBILITY FULL#

As an indication of the importance of supply chain visibility, those companies with full supply chain visibility had achieved, on average, a higher EBIT related to turnover than those with limited visibility. Most companies surveyed were unanimous in their view that improving supply chain visibility was as important to the organization as product availability and on-time delivery. It was interesting that only 6% of those surveyed believed their company had been able to achieve full visibility over all internal, inbound and outbound aspects of their supply chain. In a 2017 global supply chain survey of more than 600 high-level global supply chain professionals conducted by logistic company Geodis, 70% noted that supply chain complexity was a major issue with regard to supply chain visibility. Most modern supply chains are extremely complex. Why Is Supply Chain Visibility Important? Thanks to the integration with suppliers' systems, this should allow sufficient time to resolve the issue or make alternative arrangements. If something goes wrong, as it inevitably will, a high visibility supply chain will immediately flag that there’s a problem.

#MEANING OF VISIBILITY VERIFICATION#

Ideally, there needs to be a degree of integration between the company’s, suppliers' and logistics operators’ systems to allow verification of the location and status of any order. In the manufacturing context, it should be possible to determine that all inputs required for manufacturing are available, either in stock or as pre-planned deliveries. The predominant characteristic of a high visibility supply chain is an ability to establish, at a glance, the overall status of all elements of the supply chain together with the ability to dig down to get more details. Characteristics of a High Visibility Supply Chain To gain the full benefits of supply chain visibility, such supply chain information should be trackable in real-time, although, in practice, few organizations fully achieve this degree of sophistication.

Current order status, especially with regard to actual progress to plan.

Supplier's manufacturing program and status.

Status of raw materials to complete order.

In an ideal situation and with good supply chain visibility, the chief supply officer would have access to detailed order status data such as: For retail operations, this definition extends to include tracking goods from suppliers through to end customers. What Is Supply Chain Visibility?Ī common thread running through the different definitions of supply chain visibility is the ability to track raw materials and components from original suppliers and manufacturers through the organization’s manufacturing facilities to customers.

These same issues are still apparent as businesses attempt to restart production in the aftermath of the COVID-19 lockdown.

In some instances, companies didn’t know where suppliers and sub-suppliers were located, while in others they were unaware of critical dependencies in their extended supply chains. When these events are analyzed, it’s not unusual to discover that companies were caught off guard because of poor supply chain visibility.