Many companies operate on a global scale and have complex supply chain flows. Over 50% of companies worldwide face difficulties in optimizing their supply chain flows, because they don’t have a clear view on their operations, their costs, or their products’ location on a daily basis.
The lack of visibility over supply chain operations also opens the door to gray market practices and sales losses, as goods may be easy to copy or steal if they fall into the wrong hands.
69% of companies do not have total visibility over their supply chains.
Source: Finances Online (2021/2022)
See how using NFC technology for asset tracking and to monitor product location can optimize your supply chain flows.