supply chain visibility
suh-PLY CHAYN viz-ih-BIL-ih-tee
səˈplaɪ tʃeɪn ˌvɪzɪˈbɪlɪtiListen
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Dictionary meaning
the ability of all participants in a supply chain to access real-time or near-real-time data about the location, status, condition, and movement of goods, materials, and orders across the entire supply network from raw material origin to final customer delivery; supply chain visibility enables proactive exception management, faster response to disruptions, improved coordination between suppliers, manufacturers, distributors, and retailers, and better customer communication about order status; it is achieved through technologies including IoT sensors, GPS tracking, RFID tagging, cloud-based data platforms, and application programming interfaces that enable data sharing across organisational boundaries
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