Supply chain management is an important yet challenging task for many companies across the globe. This process is time and effort-demanding, tedious, and costly. The challenges have impacted small-to-mid-sized businesses, which have struggled. Not all parties can deal with these. Even giant companies could collapse if they are not able to manage the supply chain well.

Without end to end supply chain visibility, most businesses will have to deal with costly consequences, regardless of their size of business and capital.

In your early stages of running a business, E2E supply chain visibility might be an ordinary topic for you. But there will be points in your business life when you do realize that this can affect your business future. So, what is it anyway? What are the real advantages of your company and brand? Let’s find out the answer in this article.

Definition of E2E SCV

E2E SCV is a capability to attain true visibility or transparency in all stages of the supply chain management, from the early stage of the tangible goods to the final product's last shipment destination.

With the right solutions from the right software company like Agistix, the desired transparency can be achieved by monitoring each step of the process. In the process of control, management, and monitoring, the business person will be able to capture the related data and organize it in a centralized data management space.

Users with appropriate access can then review and analyze the insights, which can help them develop their financial planning and create strategies for future challenges in their company.

Complete visibility in every important area is very important for more accurate data analysis and process. With accurate data, one can make an informative decision that will not jeopardize the overall supply chain activity.

Information transparency is important since it will smooth collaboration between the participants in the supply chain.

The advantages of end-to-end supply chain visibility

Businesses and their logistics partners must be ready for the changing conditions in the global market. It is crucial to attaining trustworthy and accurate data that can help them make wiser decisions. Some things could be unpredictable. But with the empirical data that they manage to attain, they will be able to give appropriate responses to the problems that they are facing.

Gaining transparency in your business process is one of the keys to the successful growth and improvement of your business. True end-to-end supply chain visibility can prompt everyone involved to make well-considered decisions. If done properly, it can help them improve their workflows at the micro and macro levels. These are the obvious perks of having end-to-end visibility in your business's supply chains.

Better customer experience

Shipment tracking is one of the core components in providing the best services in the logistic industry.

One of the best practices is to give access to the customers to allow them to track the location and condition of the goods in their order. Not only the location of the goods that they want to know about but also their exact conditions and quality.

When shipping an item, consumers have their concerns. If not missing, they are concerned that the products could sustain damage when they are in the process of shipment. Such a problem is unacceptable, and not a single consumer wants to take a defective product for the full price they have paid.

For instance, some items need to be preserved in tight temperature ranges, or else they will be broken and not safe to use by the consumers. COVID-19 vaccines, for example, must be stored in a controlled environment and at a constant temperature. The customers would want to take a look at the temperature in real-time to ensure that the goods are stored in the ideal conditions. They must be able to access the information in real-time.

Reduce the likelihood of risks and disruptions.

One of the biggest problems in supply chain activities is the inevitable waste. Waste reduction has been yearned for by many companies since they can improve their ROI when they do so. According to the research, the US alone wastes about 95 kilos worth of food per person.

And 40% of the waste comes from supply chain problems. Imagine how much money we could save if we could handle this problem once and for all. The food supply is not sustainable.

Waste reduction can not only help to save more money and resources, but also protect the environment. In this case, the best E2E supply chain visibility can reduce the chances of shipment waste.

When there is a transportation problem, for instance, the shippers and people in charge can respond quickly with adequate solutions, preventing the waste from happening.

The analytics system offered by Agistix will alert the logistics company and the concerned parties when the issue arises. The information is delivered on time so that the business owners can take appropriate actions in no time, preventing something worse from happening.

If you are shipping food items, the temperature spikes could be the main factor in the damage to the goods. You will want to prevent it from happening. This is where E2E visibility comes in to fill the gaps.

Better future planning

Consumer demands and patterns can change from time to time. It can be unpredictable at times due to a variety of factors such as political issues, regulations, natural disasters, geopolitics, material shortages, and so on. Production planning may face these risks, and you need to be prepared for them.

Appropriate responses can only be achieved with transparent information.

Visibility can help your business anticipate demand spikes. With the logistics data and other trustworthy data, you will be able to assure a successful production.

If the vendor can deliver the raw materials on time, the manufacturers can produce the final products on time as well. But then, the process will fail if the finished products cannot be stored in the ideal place before the senders ship the products. The effort could fall apart.

With accurate data, one would not need to face those issues.

Reach out to Agistix now to consult on the plan for your E2E supply chain visibility solution.