Description: Supply chain visibility refers to the ability to track and monitor all components of the supply chain in real time. This includes overseeing inventories, tracking shipments, managing suppliers, and identifying bottlenecks in the logistics process. In the context of Industry 4.0, this visibility is enhanced through the use of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and data analytics. These tools enable companies to obtain accurate and up-to-date information about each stage of the supply chain, facilitating informed decision-making and process optimization. Visibility not only improves operational efficiency but also contributes to greater transparency and sustainability in business practices. Additionally, it allows companies to respond more agilely to changes in market demand and unforeseen situations, such as supply disruptions. In summary, supply chain visibility is an essential component for competitiveness in the digital age, as it enables organizations to adapt quickly and improve their overall performance.
History: Supply chain visibility began to gain attention in the 1980s with the rise of globalization and the need to manage more complex supply chains. As companies began to outsource production and operate in international markets, the importance of having a clear view of each stage of the logistics process became evident. In the 1990s, the introduction of information technologies and supply chain management (SCM) systems allowed for greater tracking and control. With the advancement of technology in the 21st century, especially with the advent of IoT and data analytics, supply chain visibility has transformed into a key element for business competitiveness.
Uses: Supply chain visibility is primarily used to improve operational efficiency, optimize inventory management, and facilitate strategic decision-making. Companies use it to track the movement of products from suppliers to end customers, identify and mitigate risks in the supply chain, and enhance collaboration among business partners. It is also used to ensure regulatory compliance and improve sustainability by allowing for more accurate tracking of materials and processes used.
Examples: An example of supply chain visibility is the use of software platforms that integrate data from various sources, such as suppliers and transportation systems, to provide a real-time view of shipment status. Companies like Amazon use advanced technologies to track their inventories and shipments, allowing them to respond quickly to customer demand. Another case is that of automotive companies that implement tracking systems to monitor the availability of parts and components in their factories, ensuring continuous production.
