Many organizations experience a visibility gap when it comes to transportation. They know when a shipment is booked to be picked up and dropped off, but there’s no indication of actual or estimated times, or any status updates available during transit.
With improved transportation transparency and data quality, it’s possible to see more of what’s happening within the network. This holistic view of a supply chain enables operational optimizations to be made on the fly. The resulting transparency increases network stability, brings attention to the information needed in order to take action more quickly and makes cross-functional cost efficiencies possible.
The value of real-time transportation visibility
This value is becoming increasingly understood and desired by organizations. In fact, real-time end-to-end supply chain visibility remains a top investment priority for organizations. According to Gartner, “Visibility continues to be one of the top technologies supply chain end users invest in” and “by 2023, 50% of global product-centric enterprises will have invested in real-time transportation visibility platforms.” However, the many benefits remain difficult to quantify for those driving visibility projects within their organizations.