Challenge
Supply chains now global are under a lot of pressure to be efficient, predictable and adaptable in an environment of a steady discontinuity. Unforeseen road blockages and congestions to adverse weather-related delays in deliveries and disjointed logistics infrastructures, legacy supply chain control strategies are ineffective in guaranteeing real-time responsiveness. Firms experience a lack of visibility in the complex multi-party networks and this makes freight scheduling, load consolidation and yard management inefficient.
McKinsey reports that more than 70% of supply chain leaders experienced disruptions within the past 12 months and an absence of supply chain visibility increases operational costs by 20-30%.