Supply Chain Visibility
Challenges and Solutions
To reduce inventories, optimize networks, and mitigate risk, global supply chain teams need near real-time visibility into the status of orders and shipments. With today's international shipments costing twice as much, taking five times as long and having five times more variability than a domestic shipment, global supply chain visibility is an imperative (source: Aberdeen Research). However, supply chain visibility is complicated by today's global trading systems, which have different infrastructures, data definitions, and message formats. It can be difficult to receive and interpret status updates from numerous carriers, brokers, and freight forwarders to gain a comprehensive picture and assess performance and bottlenecks. Without this big picture, it becomes nearly impossible to implement cost-saving strategies, such as just-in-time inventory replenishment. When delivery windows are tight, even minor missteps and miscalculations can have major cost and service level consequences.
Our Supply Chain Visibility solution provides the ability to:
- Provide multi-mode supply chain visibility functionality that connects importers and exporters with their overseas suppliers, logistics providers, brokers, and carriers
- Build a global trading network with pre-established connectivity to hundreds of trading partners
- Enable supply chain partners to share information, distribute reports, and receive alerts on milestones that are critical to the timely delivery of goods
To reduce inventory carrying costs and improve supply chain efficiencies, you need accurate analytics to reduce variability and eliminate dwell time. To optimize trade lane performance, you also need accurate visibility into individual order and shipment status.
Amber Road’s multimodal logistics solution provides a range of capabilities to identify and remove inefficiencies resulting in shorter cycle times and less variability, helping companies reduce transportation costs, while improving service levels and transit times.
“Companies have realized that many of the benefits derived from their finely optimized domestic supply chains are being cancelled out by their poorly performing global supply chain.”