Given high value goods, short product lifecycles and intense competitive pressures, supply chain professionals in the high tech industry face daunting challenges.
Product life cycles are shrinking, driven by the need to meet customer demand for the next new thing, and to beat competitors to market. There’s a increasing reliance on critical parts arriving at the right place at the right time, crossing borders, using multiple transportation modes, meeting end-of-month and end-of- quarter pressures. There is a lack of real-time, end-to-end visibility into the location and status of goods in motion, by all transportation modes. And an inability to shift suppliers quickly, make changes in plans, re-route shipments and respond effectively in other ways to shifts in supply, demand and external factors.
Hi-tech manufacturers require a new breed of supply chain solution that is predictive and prescriptive, enabling them to see and orchestrate the real-time movement of parts and finished goods anywhere in the world, see and avoid supply chain disruptions, and efficiently match dynamic supply in motion to dynamic demand. TransVoyant is the answer.