Line of Sight: Data Tracking in the Supply Chain
We’re honored to be featured in Supply Professional‘s February issue and geek out about what we love best – supply chain efficiency. Bertrand Martelle, Canadian Country Manager, weighs in on why data visibility is essential to your business health and how to achieve in even during the pandemic.
Why Data Visibility Should be the Forefront of Your Business Strategy
To keep your warehouse ecosystem healthy, you need to pinpoint all of its weaknesses. With data visibility, you can see which part of your operations is stagnate, not performing or simply eating away at your bottom line. Remember that your supply chain is reliant on all of its parts and if one fails, the others will fall shortly.
Since the pandemic, between November 2019 to November 2020 there has been a 110% increase in online sales. Even without COVID-19, consumers are taking advantage of the ease and speed of ecommerce. If you don’t have access to that data, warehouse weaknesses can erode and stall the entire operation.
How to Achieve Data Visibility
It goes without saying a technological refresh is vital to your supply chain health, but where to start and what will it cost?
You can increase data visibility through tools and technology, specifically with barcoding and RFID technology. To address what
a company needs, you must start with a thorough review of your business goals, current processes,
and mobile workforce needs. By putting strategy first, you can then recommend the right technology for the job. – Bertrand Martelle
Remember it’s not always the newest or most expensive hardware/software that will get the job done. Without the initial analysis and battle plan, expenses will rise and time will be wasted. Having a trusted partner is also important, because you shouldn’t do it alone.
About Supply Professional Magazine
For over 60 years, Supply Professional (formerly PurchasingB2B) has been the most trusted, reliable and well-read source of information for Canada’s supply chain community.