Supply chains are like calibrated machines—gaps or obstacles at any point can create harmful waterfall effects, leading to downtime and other problems down the road. Issues with transportation delays, inferior storage conditions, theft and disorganization can weaken an organization. If a carrier is late with a shipment, for instance, the receiving facility may not accept the load until the next day, setting off a string of delays and added costs that impact the rest of the supply chain and, ultimately, the end customer. If storage conditions are subpar, the end customer may receive a product that is damaged or unsafe. These issues can be debilitating in highly competitive markets.
To boost efficiency, manage costs and surpass customer expectations, manufacturers need end-to-end visibility into product conditions while in transit and within facilities, and supply chain communications strategies that keep operations running smoothly. Clear communication is critical to ensure every link in the supply chain is optimized, adapts to changes and functions as part of a larger whole. Today, advances in communication technology are affecting the supply chain by conveying higher volumes of data throughout a supply chain in real time. Supply chain communications strategies, coupled with Verizon's 5G Edge, could improve predictability and responsiveness, giving manufacturers tools and insights to improve their bottom line and customer experiences.