FourKites: AI Supply Chain Orchestration & Visibility Platform

supply chain visibility

The solution combines Dun & Bradstreet’s global business data with IBM® watsonx AI and automation tools to generate real-time insights on supplier financial health, ownership structure and other risk factors. Oracle Supply Chain Collaboration lets you synchronize data from multiple tiers of suppliers, including external manufacturers, to provide end-to-end visibility into inventory, production, and fulfillment status. It also provides early warnings about mismatched expectations in your supply chain and helps resolve them. Detect, analyze, and resolve supply chain disruptions within your enterprise and with your key trading partners. Intelligently automate processes to make your entire supply chain more efficient and responsive. A global logistics enterprise implemented a blockchain-powered asset tracking system—enabling real-time visibility, improved traceability, and secure data sharing across the supply chain.

Core Capabilities to Mitigate Supply Disruption: Build a Supply Chain That Bends—Not Breaks.

A particular issue is that many organizations are unaware of their position within a supply chain and can be victimized through no active fault of their own. In 2024, the DOT began publishing information on inland freight hubs, including rail terminal and warehouse end destinations to help shippers with capacity planning and avoid supply chain delays. Other published data includes purchase information as well as information around cargo movements out of specific ports of origin. AI continuously scans supplier data, satellite imagery, and risk benchmarks to flag potential compliance issues before they become liabilities.

Develop your Supply Chain Collaboration skills

supply chain visibility

The most important question to answer before evaluating vendors is what you actually need to see, and at what level of the supply chain. Transportation visibility platforms, control towers, multi-enterprise networks, and supplier risk tools all operate on different data, serve different users, and solve different operational problems. A shortlist built before that question is answered will inevitably contain vendors who are not genuinely competing for your use case, which wastes evaluation time and increases the risk of a mismatch. For example, IBM modernized its own supply chain by connecting data from planning, procurement, manufacturing and logistics systems into a shared analytics platform. With a clearer view of inventory, orders and supplier activity across its global network, IBM’s supply chain analytics solution reduced supply chain costs by USD 160 million and built-in more resilience and agility.

supply chain visibility

Integrated View of Transportation, Inventory, Customs Status, and Carrier/Supplier Performance

While some vendors offer full-stack logistics visibility across all modes and regions, others focus on specialized capabilities like last-mile, IoT tracking, or analytics. A Spice Tech company transformed its online platform from limited visibility to a secure, transparent marketplace using TraceX blockchain traceability solutions. This shift empowered farmers and ensured verified data throughout the supply chain, fostering trust and promoting a more sustainable and ethical spice industry. Traditional supply chains rely on periodic reporting weekly updates, monthly dashboards, or post-shipment documents.

  • An example is responding to a change in customer demand, seen instantly by the entire value chain (the organizations, its suppliers and their suppliers’ suppliers) so they can collectively adjust supply plans and production schedules immediately.
  • Assets like AI-driven IP in RPA, enterprise data integration and our proprietary solution for warehouse automation de-risk programs and drive value faster.
  • “As an example, by using this model for demand prediction, we can plan inventory levels across our network more accurately and well in advance,” she said.
  • Given these differences, organizations in this sector likely will require more customized solutions.
  • Get early warnings to mismatched expectations and leverage available supplier capacity in your supply plans.

The portal tracks activity and sends alerts for commitment mismatches, forecast changes, overdue invoices, and more. Extend visibility into the future by applying predictive analytics to Internet of Things supply chain signals. Get better supply chain visibility into upstream supply both internally and with https://californianetdaily.com/tels-global-a-reliable-partner-for-safe-cargo-transportation/ strategic suppliers and contract manufacturers. Get early warnings to mismatched expectations and leverage available supplier capacity in your supply plans.

  • Whether it’s life-saving medicine or groceries for family dinner, FourKites helps you deliver.
  • Scope 1 and Scope 2 emissions are relatively straightforward to assess however, when extending this to the full supply chain, as in Scope 3, the complexity multiplies exponentially.
  • Communication systems, including platforms and software, enable constant communication between you and your suppliers, ensuring prompt updates or issue resolutions.
  • Most enterprise visibility platforms claim multimodal, global coverage – but the quality of that coverage varies enormously by mode, trade lane, and carrier type.
  • Continuous education ensures that the team stays updated on best practices and innovations in supply chain visibility.
  • This is an inevitable consequence of globalization and the specialization it brought to a range of different industries.

On Time

Furthermore, without visibility into supply chain logistics, companies cannot know the status of their final products. In that case, they will not be able to create accurate timelines, create effective inventory management, guarantee on-time delivery, make trusted decision-making, or avoid obstacles. Pando combines freight procurement (TMS) with real-time visibility — making it unique among platforms in this comparison as an integrated procurement-plus-tracking solution. Intugine is a purpose-built supply chain visibility platform for markets where traditional carrier EDI does not exist — where freight moves on heterogeneous fleets without standardised electronic carrier connectivity. The platform’s multimodal tracking stack combines GPS devices, SIM-based tracking, and toll/highway data intelligence to achieve high tracking coverage across mixed carrier fleets without requiring hardware installation on every vehicle.

supply chain visibility

  • “But the capabilities are there and the market is heading in that direction,” Redecker says.
  • With so many moving parts, businesses can no longer afford to operate with limited information about where their products come from, who their suppliers are, and what risks may exist across the supply chain.
  • Learn more about achieving end-to-end supply chain excellence with the #1 supply chain orchestration platform.
  • In addition, Resilinc’s internal databases allow users to trace individual parts to manufacturing sites at the direct and sub-tier levels.
  • Plus, transparency in the ordering process is key to giving customers an idea of when their shipment may arrive.

Optimize your supply chain with AI-powered forecasting, real-time planning and unified insights in IBM Planning Analytics. Here are key examples and case studies of how supply chain analytics can be applied. Include your partners in supply chain decisions and manage the attributes of the trading relationship in one place.

According to an IBM study, CEOs now consider supply chain performance, including resilience and operations efficiency, as their top challenge. Other research suggests that significant supply chain disruptions can cost businesses up to 45% of a year’s profits over the course of a decade. Supply chain analytics is the process of collecting and analyzing data from across the supply chain to help organizations make more informed decisions. The VMI solution offers suppliers complete control over the replenishment process. Suppliers can generate manual replenishments for items, upload requests using a spreadsheet, or create them using a REST API.

Anthropic has launched a partnership with software supply chain solutions company JFrog. Breaking down silos across a digitally connected supply chain of 20k suppliers, 160 factories, and 80  DCs globally. Integrating disconnected systems into a single platform to coordinate across dynamic networks and ensure customers get the best service at the best cost. Organizations will continue to accelerate the electrification and automation of the logistics transport value chain – especially those that remain costly or manual, such as processing of air freight and last mile delivery. Similarly, the transition from autonomous vehicles overseen by humans to fully automated vehicles without human intervention is almost ready to expand from controlled closed-loop environments to public roads. Some elements of future-ready transport and logistics networks are already in evidence such as the automation of warehouses and ports, and the increasing use of autonomous vehicles.

That’s why mapping software is now playing an integral role for many corporate supply chain resilience programs. Organizations now readily seek out the highest-performing, most cost-effective suppliers for each and every material, part, and sub-assembly that goes into manufacturing their end product. This is an inevitable consequence of globalization and the specialization it brought to a range of different industries. The downside to all this optimization and interconnected economies of scale, however, is that OEMs now have more potential supply chain vulnerabilities than at arguably any other time in history. These vendors demonstrate both capability breadth and execution strength, making them the most complete options for large global supply chains.

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