Role of Visibility in Supply Chain Management
Zulkaif Ahmed Saqib,
Khubaib Ahmed Saqib and
Jane Oh Jin
A chapter in Modern Perspectives in Business Applications from IntechOpen
Abstract:
It is substantial for manufacturing industries to enforce and seek out new strategies regarding supply chain management to endure within the current competitive and capricious business climate which is critical. We try to underlie a policy for manufacturers to connect all operational issues related to the supply chain. This chapter suggests a concept of visibility that represents a beneficial role among business partners such as manufacturers, supplier, and customers. The categorization of several types for uncertainties in the supply chain such as demand, quality, broader variety, time, and customization of a product are related to the decision-maker. Management of uncertainties applicable with the help of sharing the information creates visibility among supply chain partners. Implementing supply chain visibility becomes easier just because of passing information about products globally which is more a matter of priorities and investment, which is not the case when sharing "official data" about people. As social technologies become more prominent, this may change over time. So, supply chain visibility is beneficial for supply chain partners.
Keywords: visibility; information sharing; manufacturing industries; supply chain management; customers (search for similar items in EconPapers)
JEL-codes: M31 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:194582
DOI: 10.5772/intechopen.87202
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