Supply chain visibility is the ability to track different goods and/or products in transit, giving a clear view of the inventory and activity. Supply chain visibility is mainly found in companies or organisations with inventory departments. Wholesale or retail stores, e-commerce businesses or any other business selling a product or products use supply chain management to manage the inventory that is coming into the business. Supply chain visibility controls inventory coming in and out of the business by controlling costs of shipment, transit and production of supply.
In an ERP supply chain visibility can help reduce risks by giving insights into how your supply works. Enterprise Resource Planning (ERP) systems can enhance supply chain visibility in several ways, including:
ERPs are a combination of different systems that combine into one system. With this centralised system, different concerned departments can view and analyse the supply chain in the inventory system which would enable better decision-making. To know more about ERPs and how they can improve inventory tracking, click here.
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