Sustainable Supply Chain
Data-Driven Decisions: Unlocking the Potential of Modern Supply Chains
Dec 22, 2023
Fraser Robinson, Co-founder and CEO of Beacon, discusses how they redefine supply chain visibility, emphasizing the strategic value of data-driven decision-making. Collaboration and a 'single source of truth' enable efficient communication and decision-making. The importance of sustainability, particularly in managing Scope 3 emissions, is also explored. Fraser shares his vision for the future of supply chains - a blend of data, technology, and human insight driving automation, efficiency, and sustainability.
42:39
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Quick takeaways
- Utilizing a visibility solution like Beacon allows businesses to centralize and access their supply chain data, enabling a comprehensive understanding of their supply chain and empowering them to make informed decisions.
- Beacon emphasizes the importance of a comprehensive visibility solution that extends beyond real-time tracking, providing insights into the entire journey of goods, improving collaboration, and serving as a strategic foundation for optimizing supply chain operations.
Deep dives
Ownership of Supply Chain Data
Taking ownership of supply chain data is crucial for shippers. By utilizing a visibility solution like Beacon, businesses can centralize and access their supply chain data irrespective of the carrier or supplier they work with. This enables them to have a comprehensive understanding of their supply chain, from order visibility and shipment tracking to historical data analytics. The ownership of data empowers businesses to identify issues, make informed decisions, and strategically improve their supply chain operations.
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