Sub-Supplier Mapping: Tracing Products to the Source with a Supply Chain Social Network
More than half of supply chain risk lies beyond first-tier suppliers. Companies need to see beyond the first-tier to identify risks, consolidate purchasing, and meet new standards of social and environmental compliance. Traditional approaches of emailing spreadsheet questionnaires or inviting suppliers onto an intranet are time-consuming and error-prone. Enterprise social networks are capable of accurately capturing data from large, convoluted supplier networks, and making sense of the results to drive powerful supplier benchmarking and strategic decision-making.
End-to-End Supply Chain Visualization
Most companies lack visibility into their supply chains, and this lack of visibility has clear implications for effective decision making, risk planning, regulatory compliance, planning and optimization. This white paper describes how some of the largest biotechnology, pharmaceutical and apparel companies have improved their operations through visualization, with important benefits including:
- Data auditing and verification
- Risk and compliance
- End-to-end traceability
- Optimization and planning