Supply Chain Visibility refers to the degree to which companies are able to gain real-time information and insight into all aspects of their supply chain. This includes the flow of goods, information and finance, from origin to end customer. It includes tracking, monitoring and analyzing activities and events in the supply chain. As a result, inefficiencies can be identified, risks managed and operational decisions improved. In this way, companies can optimize their processes and respond faster to changes.

Definition of Supply Chain Visibility: A company's ability to obtain real-time information about the status, location and movement of goods and information throughout the supply chain. This includes sharing data and creating transparency between all parties involved. These parties include suppliers, manufacturers, logistics providers and end customers. This allows companies to operate more efficiently and respond better to changes in the supply chain.

Key Aspects of Supply Chain Visibility:

• Real-time tracking: The ability to track goods and shipments from the time of shipment to delivery to the end customer is essential to an efficient supply chain.
• Data Sharing: Sharing information between different parties in the supply chain to better understand the status and performance of the supply chain.
• Analysis and reporting: Using data analysis and reporting tools to identify trends, measure performance and identify improvement opportunities.

Example of Supply Chain Visibility: A global retailer uses advanced supply chain visibility tools. Namely, these tools track the location and status of all shipments. This is done from the time of shipment to delivery to stores or end customers. Through real-time tracking and data analysis, they can also identify potential delays. They can also optimize inventory levels and improve operational efficiency.

For logistics companies like Neele-Vat, supply chain visibility is essential. This is because it helps them ensure operational efficiency, manage risk and improve customer service. Moreover, by investing in technologies and processes that provide end-to-end supply chain visibility, companies can better anticipate changes in demand. In addition, they can minimize disruptions in the supply chain and thus gain a competitive advantage.