Challenges
- FRAGMENTED DATA: Information in most organizations exists in silos. The sales department has its projections and budget, production has its production schedules, buyers have supplier cost and delivery schedule data, etc. The focus of this fragmentation of data is designed to serve the purposes of the individual departments in the organization instead of that of the entire supply chain.
- MAPPING OF SUPPLIERS: To attain true visibility the entire supply chain has to be mapped. When mapping complex supply chains far upstream, this can become complicated with smallholder farmers, artisanal miners, or home workers and each of the suppliers and customers have their own silos of information, not commonly shared with other supply chain partners.
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Research Opportunities
- Creating Smart Connectivity with UN/CEFACT.
- Investigation of the characteristics, importance, and limitations in supply chain process modeling by comparing frameworks and reference models like SCOR, GSCF, VRM, CPFR, ISA95, and SAP.
- Investigation on factors that prevent companies from seeking more supply chain visibility, what information should a company disclose about compliance in its supply chain and products to the public, what are the potential risks associated with disclosing supply chain information to the public, how should a company mitigate risks from such disclosure.
- Investigation on evaluating methods of costs and benefits from transparency and implementing disclosure and how should they do so to maximize shareholder value.
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