SCV - Supply Chain Visibility
Updated: Aug 30
It is the forward and backward sharing of information between stakeholders within the supply chain in an accurate and timely manner.
Benefits;
Being able to foresee the problems that the remote stakeholders will experience (See: Broken Supply Chain of Ericsson)
Faster fulfillment of consumer demands
Being least affected by country-based regulatory changes (For example, US embargo on China)
etc.
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