Supply chain is a complex structure that entails different stakeholders. Beamon (1998) referred supply chain as an integrated process in which varying business entities including manufacturers, distributors, suppliers, and retailers collaborate to obtain raw materials, convert them into products, and deliver the final goods and services to retailers. This long, complexity chain requires supply chain visibility to operate optimally and effectively.
Supply chain visibility entails the ability of products or parts to be tracked while on transit right from the manufacturer to the final destination (Enslow, 2006). This aspect reduces commercial risk while promoting the supply chain security by making information about products, their production, and distribution readily available to all the chain stakeholders, customers included. Apparently, the supply chain visibility ensures that all the stakeholders know every aspect of their inventory thereby reducing errors and improving performance.
Delegate your assignment to our experts and they will do the rest.
On a different note, supply chain visibility provides stakeholders with data on all the essential activities happening in reference to a certain product or component. This aspect promotes effective planning thereby reducing risks in the supply chain management while fostering logistics integrity (Enslow, 2006). However, for the visibility to work properly, accurate information should be provided to ensure security agencies including border officers are able to monitor the products on transit (Hesketh, 2010). Through this process, it would be possible to facilitate legal compliance, safety and security.
References
Beamon, B., M. (1998). Supply chain design and analysis – Models and methods, International Journal of Production Economics, Vol.55, No. 3, pp281-294.
Enslow, B. (2006). Aberdeen Group, Global Supply Chain Benchmark Report, p3, p8, 2006 at http://www935.ibm.com/services/us/igs/pdf/aberdeen-benchmark-report.pdf
Hesketh, D. (2010). Weaknesses in the supply chain: who packed the box?, World Customs Journal , Vol.4 No.2. Retrieved from http://worldcustomsjournal.org/Archives/Volume%204,%20Number%202%20(Sep%202010)/02%20Hesketh.pdf (https://interact2.csu.edu.au/bbcswebdav/pid-2603114-dt-content-rid-4673662_1/xid-4673662_1)
