Even today, there is no foolproof way for businesses to track the many goods that are being shipped to them via trucks, rail cars, and boats. With the severe weather of this current winter cutting into delivery times, the repercussions of this lack of visibility become even more serious. Lora Cecere writes an article for Forbes about five steps to getting 20/20 vision in these challenging times:
- Stabilize ERP projects.
- Build interoperability.
- Partner with transportation carriers with GPS capabilities.
- Use business network capabilities.
- Maximize use of electronic data interchange (EDI).
Over 50% of IT budgets is going to ERP now, so the amount of focus paid to maintaining it should be equivalent. Likewise, when you partner with a carrier with GPS, ensure that business networks are using this information to track movement in real-time. To delve into further depth with the steps listed here, consult the original article: http://www.forbes.com/sites/loracecere/2014/02/20/manaing-the-supply-chain-if-only-i-could-see/