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Get Smart May 13, 2008

Posted by Meg Sewell in Actionable Intelligence, Supply Chain Visibility.
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2008 has shaped up to be a great year for movies thus far. In addition to the release of the recent blockbuster hit Iron Man, the highly anticipated Indiana Jones and the Kingdom of the Crystal Skull will be released May 22 and Edward Norton will do his best this coming June to convince us he’s a worthy Incredible Hulk. Another great movie to look forward to is Get Smart with none other than Steve Carrell. Maxwell Smart seems a suitable role to compliment his comedic talents, and who didn’t love this classic sitcom?

While the remake of Get Smart is expected to be a fun summer hit, movie companies aren’t the only ones “getting smart” to improve business in 2008. OK, admittedly cheesy segway, but bear with me. According to this recent article on Supply & Demand Chain Executive’s website, key insight and strategy for supply chains is the recipe for supply chain success.

Perhaps the biggest weapon in today’s business is supply chain visibility. Sdcexec.com points out that your strategy for global growth is “based on your ability to know the ‘what, where, when and how’of your trade operations in real time,” and that “another kind of visibility and transparency is also required for supply chain efficiency—an ability to ’see’ the ripple effects and consequences of changes you make in the way you’re handling payables, receivables and inventory…”

It seems that raw data will only get you so far these days. Solutions that provide Supply Chain Visibility and Actionable Intelligence provide your company with the information necessary to be proactive rather than reactive and avoid headaches like chargebacks and vendor deductions. So, rather than just saying “Bon Voyage” to your precious cargo being loaded in the trucks and crossing your fingers that they’ll arrive on time, perhaps a little transparency might be something to look into. Ok, you got me again…pun intended. I’ll stop with the bad writing and puns, but first a question.

What are your thoughts? Is this industry getting smarter, or are many companies lacking this strategy when trying to take their business to the next level or achieve global growth?