Today, many industrial companies rely heavily on spreadsheets and a de-centralized way of planning, sourcing and managing logistics. This way of working has given rise to the creation of information silos across organizations. Supply chain executives lack complete end-to-end visibility and are hindered from taking early preventive action that could reduce logistics costs from fuel, freight, demurrage and storage.
Enclosed are our views on how technology has made it possible to shift from the outdated norm and harness the power of technology to not only liberate siloed information; but turn it into real-time data for improved decision making and opportunity analysis across the supply chain.