Supply Chain Visibility (Scv) Definition
Supply chain visibility (SCV) is the ability to track and trace materials, products, and information throughout the supply chain from suppliers to customers. By gaining visibility into the supply chain, organizations can identify issues and potential problems early on, which can help them avoid or mitigate disruptions.
SCV can be achieved through the use of technology such as radio frequency identification (RFID), sensors, and blockchain. These tools allow organizations to collect data at various points throughout the supply chain and track the movement of goods in real-time. This visibility can then be used to improve supply chain planning, execution, and management.
While SCV can provide many benefits, there are also some challenges that need to be considered. For example, collecting accurate data can be difficult, and it may not be possible to get complete visibility into all aspects of the supply chain. In addition, implementing SCV can be costly and time-consuming. Despite these challenges, SCV is a valuable tool that can help organizations optimize their supply chains and improve their overall performance.
