Visibility Of Supply Chain Definition
Most businesses have a supply chain, which is the network of suppliers and manufacturers that produce and deliver the products or services a company sells. The term ‘supply chain visibility’ refers to the ability of businesses to track their shipments and inventory at each stage of production and delivery.
The benefits of supply chain visibility are clear: it helps businesses manage their inventory more effectively, avoid stockouts, and plan for future demand. But achieving visibility can be challenging, particularly for companies with complex supply chains.