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About 4 Stages of Supply Chain Transparency
The document discusses four challenges of supply chain transparency. It begins by providing context on how events like the 2011 Japanese earthquake highlighted the complex interconnectedness of global supply chains. It then examines each challenge: 1) Do you have supply chain visibility? Many firms have limited visibility beyond their first tier suppliers, while others map out five or six tiers. Visibility is difficult due to the complexity of products, technologies, and degree of standardization within supply networks. 2) How much visibility is enough? Firms must determine what level of visibility allows them to mitigate risks while avoiding excessive costs. 3) What should you do with supply chain data? Firms must have strategies to collect, verify, store,
Detailed Information
| Author: | ['HOSCO FOODS'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 10 |
| Language: | English |
| Format: | |
| Price: | FREE |
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