How to achieve transparency and traceability in logistics
Jan Tore Pedersen |
16. Mar 2021
3 minutes read
In an increasingly competitive and demanding business climate, there is an impending need for transparency, traceability and easy-to-add solutions that allow for dynamic and flexible interrelations between value chain stakeholders in logistics. In this article we take a closer look at how you can achieve transparency and traceability in logistics.
Tackling the challenge of supply chain control and visibility
Supply chain control and visibility are among the top challenges in logistics. Improving supply chain transparency is a high priority for many companies, especially in industries such as food and beverage, where consumers and regulators are pushing for more information on how products are made and transported from point of manufacture to point of delivery.
Supply chain visibility has significant benefits for all stakeholders in the supply chain - from manufacturer to retailer. An effective supply chain visibility, solution together with a well-developed traceability strategy, allows organisations to see where each ingredient or component came from and where the finished product is heading.
This end-to-end visibility is the key to resilient supply chains and becomes especially important when facing disruptions in the supply chain such as Covid-19. The visibility and the data provided by different solutions allow companies to significantly reduce supply chain risk by enabling them to either take action to prevent disasters or to respond to disruption by activating backup plans.
Benefits of supply chain control and visibility
User-friendly, easy-to-implement cloud solutions, such as MIXMOVE, creates a B2B network for visibility and supply chain integration, delivering control and visibility across all 3PLs, carriers, and hubs in the network.
Which specific benefits does this translate into you might ask? Well:
Up to a 5% reduction in freight charges
Increased forecast accuracy (up to 25%)
Up to a 20% reduction in inventory
Improved SLAs for delivery accuracy
Up to a 10% reduction in administrative workforce
How does MIXMOVE work?
Our cloud platform is based on the following features:
A single logistics window that delivers full supply chain visibility and control across all carriers, logistics operators, and key tracking points in the supply chain.
Execution management that provides the basic functionalities to run the logistics network.
Visibility over order processes – inventory at rest or in motion, supply chain events management, supply chain risks and analytics.
Cargo consolidation and collaboration with other shippers, which maximises utilisation of resources.
Supply chain control and visibility are characterised by a situation where you are able to plan, manage and have a real-time overview of the status of all your shipments, across all your logistics service providers. MIXMOVE enables real-time sharing of information and event tracking all the way down to item level, to help keep your logistics under control and, consequently, your clients satisfied. Furthermore, the solutions’ powerful reporting capabilities support you in continuously improving service levels!