Supply Chain Visibility: Data Sharing In The Logistics Industry

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Supply Chain Visibility: The Future 

Per The Wall Street Journal: Supply chain visibility has officially moved beyond buzz word status. This week, the White House requested that companies within the logistics space begin sharing their data with one another. To that end, the Biden administration is working on setting up a shared online portal that will work across all modes. The hope is that using a shared portal to gather data from ocean, air, freight, and parcel carriers will help the nation’s supply chain better deal with any future delays and bottlenecks. 

Supply Chain Visibility: Today 

While the White House’s data sharing solution is still very much a work in progress, your company can enjoy complete access to all your data, across any mode and all in one spot, today. FreightOptic’s Business Intelligence platform provides easy to use, one login access to: 

Customizable Dashboards 

Exportable Widgets 

Scalable Reporting 

Precise Drill-Down Options 

And all from anywhere with an internet connection. Built upon the latest cloud-based technology, FreightOptic’s Business Intelligence platform is mobile friendly as well, letting you access your data when and where you need it. Because It’s your data, you should be the one who decides how to use it. 

Importance of Supply Chain Visibility 

There’s a reason the federal government is asking companies to share their data online. E-commerce is taking up larger and larger market shares everywhere, and shows no signs of slowing down. To keep up with the increasing demand and market scope, supply chains have truly gone global. Raw materials are shipped to manufacturing plants, products are shipped to distribution centers, and goods are delivered door to door, anywhere in the world. Along the way, products touch multiple carriers across various modes and international borders. Communicating across all those channels can be difficult at best, and in most cases, it’s simply not an option. 
Unfortunately, in the last few years we’ve seen the danger of poor communication. The delays and shortages in the global supply chain first brought on by the Pandemic, and now by the invasion of Ukraine, have made it almost impossible to accurately forecast inventory and reserve equipment. Without the ability to easily consolidate shipping data from multiple carriers, many companies are suffering from either too few products, or too many. Businesses are finding it harder and harder to let customers know when their goods will arrive, just as consumer demand for such information is at an all-time high. The only way to keep your customers happy, and to stop profits from leaking out of your supply chain, is to have full access to all your data. No matter where your goods are, no matter where they’re going, you need to know. 

Benefits of Supply Chain Visibility 

The good news is, the solution to these problems is already here. FreightOptic’s Business Intelligence platform involves little to no IT integration, and can start providing actionable insights into your supply chain today. Some of the benefits of using our Business Intelligence platform: 

Understand True Landed Costs 

Generate On-Time Delivery Reports 

Visualize Demand Hotspots 

Easily Identify Exceptions 

If you’re ready to see what your business is missing, reach out to us for a Free Demo Today. 

You Can Be Better. We Can Help.