The benefits of supply chain visibility: A value assessment model

Maria Caridi, Antonella Moretto, Alessandro Perego and Angela Tumino

International Journal of Production Economics, 2014, vol. 151, issue C, 1-19

Abstract: In recent years, much attention has been devoted to the topic of supply chain visibility in the scientific literature. However, a thorough assessment of the benefits enabled by supply chain visibility has not yet been undertaken. This paper aims to provide a structured method and a set of assessment tools for quantifying the benefits that can be achieved through better visibility on the inbound supply chain. The method consists of a nine step process for assessing the value of an improvement in supply chain visibility; the tools are ten causal maps, which depict the KPIs affected by an improvement in the quality and/or quantity of focal company׳s visibility on specific information flows (e.g. order status, inventory level, delivery plan, etc.). The method is based on the literature, while the tools were developed through a focus group of nine practitioners. The resulting model (i.e. method and tools) was applied to the supply chain of a prominent company in the aerospace industry in order to explore its applicability in a practical context. The model proved to be efficient, since it could be easily customised in accordance with the level of effort managers wanted to put into the evaluation, and effective, thus providing reliable estimates of likely KPI improvements.

Keywords: Supply Chain Management; Supply network; Visibility; Value assessment (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527313005847
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:151:y:2014:i:c:p:1-19

DOI: 10.1016/j.ijpe.2013.12.025

Access Statistics for this article

International Journal of Production Economics is currently edited by Stefan Minner

More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().