In the last 24 months, global supply chain visibility and event notification have gone from being somewhat vague concepts to emerging as key operational goals of nearly every company that does business globally.
What is global supply chain visibility?
In general, few companies have well automated global logistics processes.
As a result, there are still many manual steps in most organizations.
Logistics personnel commonly spend too much time on low value activities needed to get the freight to move, and not enough time on developing better plans and approaches to drive continuous improvement.
Total Delivered Cost Management involves the ability to analyze and predict the total supply chain costs from the source of supply to its final point of distribution. It includes the capability to roll up both international and domestic logistics costs by product and delivery rout, plus the ability to accurately, calculate all the applicable duty, tariffs and other customs-related costs while factoring in any preferential trade agreements.
