Supply Chain Transparency and Holistic Performance Improvement

Supply Chain and Logistics
Management

Table of Contents
INTRODUCTION...........................................................................................................................2
MAIN BODY...................................................................................................................................2
Determining Ability to enable information transparency and improve holistic performance in
global supply chain ....................................................................................................................2
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Supply chain transparency is a significant process of determining upstream in supply
chain within & outside an organisation. With rising demand of customers in marketplace, the
process have become more popular. Transparency in how good are being manufactured and
transported have become a genuine concern for consumers willing to pay high prices for
products. The below report explains about how supply chain can help in improvement of holistic
performances. Following assessment also classifies information transparency, measurements,
benefits, challenges and ways of increasing supply chain transparency.
MAIN BODY
Determining Ability to enable information transparency and improve holistic performance in
global supply chain
Supply chain transparency basically rely on improving organisational culture as well as
value chains. Organisations take appropriate measures to maintain supply chain transparency of
organisation. These measures are categorised into two measures that are qualitative &
quantitative measures. Qualitative measures mainly focus on quality of company products and
satisfaction level of consumers whereas quantitative measures lay emphasis on timely deliveries,
resource allocation and performance responsiveness.Quantitative analysis also is classified
further into two major categories that are described as :
Financial measures: This measure of supply chain transparency is used to evaluate
various fixed & operational costs. Actual financial performance analysis is determined by
realising cost of raw material, goods sold, stock holding cost, transportation expense, value of
expired goods, penalties on late delivery orders, credit due and manufacturing costs etc.
Organisations use different costing methods of inventory calculation, evaluation of financial
transactions occurred amongst inter countries, activity based costing and transportation costing
tools.
Non-financial measures: Quantitative metrics here deals with measuring cycle time
taken to supply product from one place to another (Queiroz and Wamba, 2019). Also
satisfaction derived from customer service experiences are analysed. In process of evaluating
inventory levels containing carrying costs of raw materials, work in progress items, spare items
and finished goods stock etc. Enterprises in market use different type of resources to produce