End-to-end supply chain visibility, sometimes shortened as E2E, involves visibility at all phases of supply chain management, from procurement through the delivery of completed items to clients. This transparency is achieved by meticulously monitoring each step of the process, capturing all relevant data, and organising it in a centralised data management space, where it can be reviewed, analysed, and, eventually, extracted for meaningful intelligence that improves business performance, long-term financial management, and strategy development.

End-to-end supply chain visibility covers 6 sections:

• Operations
• Procurement and inventory management
• Finance
• Quality control
• Logistics
• Sales and customer service

For appropriate data analysis, full transparency in each of these regions is required. It is, however, an important part of ensuring that team members have the precise data they need to collaborate and communicate effectively in order to meet stakeholder and consumer expectations, innovate and improve product offerings, and optimise business processes in order to build value and support organisational goals.

Reach True End-to-End Supply Chain Visibility With Procqur

The significance of total supply chain visibility is obvious. Unfortunately, for many firms, getting it may be a frustrating task. According to a 2017 GEODIS survey, only 6% of responding firms had achieved their end-to-end supply chain visibility goals, despite the fact that 57 per cent deemed effective supply chain management to be a key differentiator, and acquiring such visibility had become the third-highest primary focus for all firms.

According to the same poll, while 41% of respondents prioritised data analysis and 39% prioritised the Internet of Things (IoT) and cloud computing, just 53% claimed they were significantly involved in advanced and creative supply chain management.

Companies will struggle to achieve the kind of visibility they need to make critical business decisions, complete and accurate budgets and financial forecasts, and accomplish their goals for profitability, competitive performance, and growth unless they make significant investments in the software tools and processes that support a truly digital supply chain.

However, a lack of technology investment is simply one of the reasons organisations fail to build a genuinely transparent supply chain. Many firms are still entrenched in traditional operational ecosystems in which upstream and downstream processes in operations and procurement/accounts payable are viewed as distinct entities rather than strong partners in shared success.

Too much emphasis on one without maximising the other results in a flawed system in which data is never as clear, precise, or full as it should be, and therefore total visibility remain uncertain.

Procqur offers true E2E with our software for your business. Contact us today to increase the overall efficiency of your supply chain!