The following stage of development is a cross-organisational partnership, traversing multiple tiers of suppliers, customers and third party logistics providers. This will enable supply chain professionals to not only focus on issues under their control but collaborate with business partners to resolve a broader range of obstacles that appear throughout a value chain.
If you combine all of these levels, the value control towers deliver to companies is significant. Many companies struggle to accomplish end-to-end visibility in their supply chains. Control towers provide this.
To a large extent, the realisation of the full potential depends on the fundamentals upon which the control tower is built. The value of a control tower varies based on the scale to which it maximises the value of each of the four stages: visibility, collaboration, actionability and automation.
With real-time data shared across a multi-party network, control towers built on a solid foundation offer significant potential for agility, speed, savings and resilience.
Real-time networks eradicate delays of information and deliver end-to-end visibility and improved optimisation thanks to up to date data that mirrors the reality of the supply chain and also affords better circumstances for improved decision making by providing real data on orders, shipments, inventory and capacity constraints across all elements of the network.