They lack the capabilities to quickly evaluate the impacts of the disconnects they are seeing to drive the most profitable or advantageous decisions. Others have access to information but it’s either too much to effectively comprehend or it’s not organized in a way that enables effective analysis. Many are struggling to get access to the information in a timely and efficient way. Additionally, consumers (and regulators) are increasingly demanding transparency around product origin, safety, and sustainability-information that requires deep visibility and insight into a firm’s supply chain, beginning-to-end from suppliers to customers. There is a universal lack of supply chain visibility to efficiently make business decisions and operate the supply chain on a day-to-day basis. The constant pressure on supply chain professionals to deliver, both literally and figuratively, on the day-to-day crises that disrupt any ability to establish sustained supply prevents those same individuals from re-engaging with the strategic objectives of the organization, such as supplier relationship management, process efficiencies, and cost savings/recoveries. Despite being nearly two years into this pandemic, there still seems to be a collective resignation from many that their supply chains are in no better shape. There is no shortage of stories we hear that illustrate continued frustrations with the state of supply chains today.
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