Proper Inventory Management Through Supply Chain Visibility
Supply Chain Visibility gives a clear view of inventory and supply chain activity, creating an agile global supply chain
GT Nexus Supply Chain Visibility provides a high-resolution look at supply chain activity, from sourcing to customer delivery. Trading partners access a single source of truth on where inventory is across the globe — they use it to quickly adapt their logistics plans to current demand and combat supply chain risk due to disruptions and supply chain complexity.
GT Nexus Supply Chain Visibility Components:
- In-transit Visibility – reliable supply chain visibility for all in-transit inventory, from origin to final destination. Establish central event management for all product moves.
- Production Visibility - real-time information about production status, whether or not manufacturing is outsourced.
- On-hand Visibility - a complete picture of inventory in the supply chain, created by linking in-transit and on-hand visibility. Forward project inventory positioning at destination DCs with dynamic ETAs.
- Cost Visibility - visibility into landed costs of globally source goods. Determine true costs of products by the time they arrive at destination.
Key Features:
- End-to-end supply chain visibility from supply to end customer delivery
- Proven, dynamic ETA modeling that enables easy comparison of actual to expected performance
- Exception dashboards that place focus on products that are not flowing according to plan
- Ability to analyze product profitability by capturing, calculating, and reporting actual landed cost information
Benefits:
- Creates a lean supply chain by managing and controlling in-transit inventory
- Increases cross-dock/flow-through by proactive allocation of in-transit inventory
- Identifies and eliminates delays before they become problems, reducing variability
- Improves product profitability by identifying and eliminating wasteful processes
Related: Most Companies Fail with ERP for Supply Chain Orchestration
Article Topics
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At GT Nexus, we built a company around a simple but very powerful idea: put a single cloud-based collaboration platform at the center of a huge but enormously inefficient industry - global trade and logistics - and give companies a rapid, low-cost way to enable hundreds of inter-company supply chain processes on a global scale, across entire trading communities, to drive new levels of operational efficiency and business agility. We provide the industry-wide collaboration platform that leaders from nearly every sector rely on to automate trade and logistics operations across their global partner networks.
For these companies and their trading partners, GT Nexus is where global trade happens.
Today, GT Nexus is the developer and operator of the largest cloud supply chain platform of its kind.
