Visibility
Visibility is an essential necessity of tracking products in an
end-to-end manner throughout the supply chain. Gartner
Research (2013) recently reported that virtually no company
is able to, or will be able to, provide end-to-end supply chain
visibility in the near future. Through advanced analytics,
both predictive and prescriptive, it is becoming possible
to provide real-time visibility across the supply chain and
in addition to improve forecasting, demand planning,
sourcing, replenishment, production, transportation, and
distribution processes (One Network Enterprises 2014:2).
With this improved (or big) visibility companies will
inter alia be able to model supply chain data with higher
precision, alter decisions in real time and utilise predictive
and prescriptive analytics to solve problems before they
occur.