Clear visibility of the existing value chain is as important as the future vision for the company. A sound and thorough understanding of current performance will pinpoint areas in need of improvement. For example, although overall performance is improving, there could be increasing inventories in certain facilities, or poor on-time delivery for some customers. The data required for such visibility is generally available within corporate data systems, but regular analysis to turn this data into useful information is seldom performed.
Key Questions
- How is the supply chain performing in critical areas such as sales, cost, customer service, inventories and other supply chain assets?
- Where in the supply chain should improvement initiatives be prioritized and targeted?
Supply Chain Visibility and SimFlex
SimFlex provides flexible analysis capabilities for data residing within corporate systems. It is possible to customize a “dashboard” for constant monitoring of key performance metrics within the value chain. The analysis can be aggregated or more detailed, on a company, facility, or product level. Supply Chain Visibility should be performed on a regular basis and submitted to key decision makers, empowering them to react accordingly.