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Despite heightened attention in recent years, many companies still lack timely visibility into critical processes involved in global supply chain management. This can make it impossible to access information quickly enough to be useful for making key decisions. Further, even companies that do track enough milestones often suffer from poor data quality and factual inaccuracies in forecasts and reports. For those that track the key supply chain events and have advanced visibility strategies to support supply chain decision-making, it is critical not to overwhelm internal stakeholders with information but to instead provide them with the tools to extract the best possible intelligence from the data they have - while keeping the amounts of data manageable. Companies must move from merely tracking their supply chain events to performing advanced analysis in order to drive profound changes in their supply chains.
-Viktoriya Sadlovska, research analyst, AberdeenGroup
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