Procurement Magazine June 2024 | Page 101

SUPPLY CHAIN SUSTAINABILITY

“Maintaining visibility in a supply chain is a multifaceted challenge that extends beyond procurement alone ”

MICHAEL STOCKDALE GROUP HEAD OF SUPPLY CHAIN AND LOGISTICS AT RED SEA GLOBAL
“ Moreover , they must navigate swift responsiveness , tight lead times , disruptions , reverse logistics , and technological advancements .
“ Achieving visibility in this dynamic environment involves managing vast data generated by IoT devices , instrumentation , and big data analytics . Robust monitoring and control tower platforms are essential for real-time tracking , ensuring activities
proceed as planned and addressing exceptions promptly .
“ Competitively meeting demand requires accurate demand forecasts and proactive inventory management or responsive mechanisms to react swiftly to actual demand signals .
“ However , realising effective visibility necessitates continuous technological advancements and skilled professionals adept at leveraging these tools to navigate the complexities of modern supply chains .”
Adam Spurdle , Global Supply Chain Partnership Director at Communisis , adds : “ When it comes to maintaining visibility in the supply chain , inconsistent data flows , disparate business systems , and limited collaboration among supply chain stakeholders , all hinder visibility .
“ When there are lots of data anomalies and systems don ’ t work together effectively , it becomes difficult to track goods and operations across the entire supply chain .” procurementmag . com 101