The Importance of Visibility in Supply Chain Management

The Importance of Visibility in Supply Chain Management

Table of Contents

Order ID# 45178248544XXTG457	Plagiarism Level: 0-0.5%	Writer Classification: PhD competent
Style: APA/MLA/Harvard/Chicago	Delivery: Minimum 3 Hours	Revision: Permitted
Sources: 4-6	Course Level: Masters/University College	Guarantee Status: 96-99%

Instructions

1. The Importance of Visibility in Supply Chain Management

Visibility in supply chain management refers to the ability of an organization to see and understand the different activities and processes involved in their supply chain. This includes the flow of materials, information, and financial transactions from suppliers to customers. The visibility in the supply chain management is important for several reasons.

Improved Decision Making: With better visibility, organizations can access real-time information and insights about their supply chain operations. This enables decision-makers to make informed decisions based on accurate data, leading to improved outcomes and reduced risk.

Increased Efficiency: Visibility can help identify bottlenecks and inefficiencies in the supply chain, allowing organizations to optimize their processes and improve efficiency. This can lead to reduced lead times, increased speed to market, and lower costs.

Better Supplier Relationship Management: Improved visibility can help organizations build stronger relationships with their suppliers. By providing transparency into the supply chain, organizations can better understand their suppliers’ operations, leading to improved communication and collaboration.

Improved Risk Management: Visibility in the supply chain helps organizations identify and mitigate risks, such as supplier disruptions, quality issues, and product recalls. This helps organizations minimize disruptions, reduce costs, and improve their reputation.

Increased Customer Satisfaction: Improved visibility helps organizations meet customer demands by providing real-time information about product availability, delivery times, and quality. This leads to improved customer satisfaction and loyalty.

Increased Agility: With better visibility, organizations can quickly respond to changes in demand, supply, and market conditions. This allows them to quickly adjust their operations and capitalize on new opportunities.

To achieve visibility in the supply chain, organizations can implement a range of technologies and processes, such as:

Supply Chain Management Software: This software provides a centralized platform to manage and monitor supply chain activities and processes, including procurement, logistics, and production.

Electronic Data Interchange (EDI): EDI is a standardized way of exchanging information between organizations. This technology enables real-time information sharing, reducing the need for manual data entry and improving accuracy.

Internet of Things (IoT) Sensors: IoT sensors can be placed on products, containers, and equipment to track their location and provide real-time data on their status and condition.

Blockchain: Blockchain is a secure and decentralized technology that enables real-time data sharing and verification. It can be used to improve supply chain transparency and traceability.

In conclusion, visibility in supply chain management is critical for organizations looking to improve their operations, reduce risks, and increase customer satisfaction. By implementing the right technologies and processes, organizations can achieve better visibility and reap the benefits of a more efficient, effective, and agile supply chain.

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.perfectacademic.com/orders/ordernow or www.crucialessay.com/orders/ordernow The Importance of Visibility in Supply Chain Management

The Importance of Visibility in Supply Chain Management

PLACE THE ORDER WITH US TODAY AND GET A PERFECT SCORE!!!