Supply Chain Digital Magazine February 2023 | Page 45

“ SUPPLY CHAINS ARE STILL CATCHING UP TO THE MODERN TECHNOLOGICAL AGE . LACK OF REAL-TIME DATA HAS HELD THEM BACK ”
SUPPLY CHAIN

“ SUPPLY CHAINS ARE STILL CATCHING UP TO THE MODERN TECHNOLOGICAL AGE . LACK OF REAL-TIME DATA HAS HELD THEM BACK ”

RYAN CLOSSER DIRECTOR PROJECT MANAGEMENT & NETWORK COLLABORATION , FOURKITES
A recent CIPS & Deloitte report into procurement and supply chain resilience shows that rather than being visible , the supply chains of most public- and privatesector organisations are positively opaque .
The thrust of the report was that organisations are failing to measure the environmental impact of their supply chains
– mainly because they can ’ t see it – but its findings are symptomatic of a wider trend among organisations that lack supply chain visibility .
Report shows just 13 % of firms have supply chain visibility The report found that just 13 % can map their entire supply chain network , and that up to 22 % have no visibility beyond their immediate suppliers .
So , with this in mind , we asked a supply chain visibility expert to walk us through the business benefits of the ‘ Nostradamus effect ’ and why it is vital that organisations are at least ready for the future – even if they can ’ t see it .
Ryan Closser is Director of Project Management & Network Collaboration at
supplychaindigital . com 45