The supply chain is the invisible backbone that powers modern industries. Every sector relies on a delicate chain of interconnected processes to deliver goods in optimal shape to customers. Electronification has made it easier to monitor supply chains and their logistics, but this doesn’t mean it’s an easy task.
Research shows that data analysis and IoT devices are two of the top technological priorities of supply chain professionals. This isn’t an accident, since both of these technological processes come together to give stakeholders increased visibility into the supply chain.
Whether forecasting demand or planning production cycles, data is at the heart of modern supply chains. Here are the 3 data points that help ensure supply chain visibility:
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