With the right foundation, procurement can turn visibility into action

As manufacturers strive for greater visibility in their supply chains, they’re continually engaging in new Internet of Things (IoT) and software initiatives to gather more data. Yet an abundance of information doesn’t always yield the actionable analytics supply chain leaders desire.

Experts say attaining basic visibility and data is only the first step in putting it all into action. Organizations must create a foundation and roadmap for what they want to attain, foster data collaboration with suppliers and engage in continuous data analysis.

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