Aberdeen Group‘s paper on “Supply Chain Visibility: A Critical Strategy to Optimize Cost and Service” indicated that increasing visibility is a critical strategy for enterprises aimed at reducing costs and improving operational performance in the context of their increasingly complex and multi-tiered global supply-demand networks.
“63% of respondents felt that supply chain visibility was a high priority for improvement, with an additional 28% indicating it was a medium priority.”
All companies need internal collaboration to operate, but the level of external collaboration and its relevance grows with the degree of overseas sourcing. Leading companies have both better visibility and focus on collaborating and integrating
It is not surprising to see that when it comes to strategic actions the leading companies desire higher levels of control and coordination with the external parties they depend on.