Dexory | Addressing the Visibility Gap paper

The impact of real-time data

“We learnt a big lesson: data is very powerful for how we make decisions. We’re trying to pull multiple data points now, and when we have spikes or difficulty in moving products around, the data is critical for us to make decisions on inventory levels, going back and seeing where we need to spend more money. (...) In essence, keep customers happy, keep costs low and keep everything flowing.”

Harry Chase GE Appliances

“At Iron Mountain, we’ve got a unique position of building a 3PL. We have seen very rapid growth in the last two years. With that, we needed the structure, the people, the organisation and the right systems. When we looked at the inventory management system, we wanted something that could give us accuracy and real-time data. Not only to help our customers, reduce their overstock, but to run the operations efficiently, to make sure we have visibility of the warehouse and to optimise our warehouse space.”

Maria Torrent-March Iron Mountain

Get an in-depth look at our recommendations to close the Visibility Gap in your operations

19 pages (PDF) - Opportunities and recommendations for closing the Visibility Gap:

1. Invest in integrated real-time data systems

2. Get your hands on advanced analytics and predictive monitoring

3. Invest in technology infrastructure

4. Prioritise collaboration with suppliers, manufacturers and distributors.

5. Engage with employee training and change management

6. Establish a culture of continuous improvement

The resilience imperative

In 2023, the total cost of inventory distortion is projected at $1.77 trillion, down $172 billion from 2022 with out-of-stocks accounting for $1.2 trillion and overstocks totalling $562 billion.

IHL 2023

More than 57% of organisations are increasing their investments to enhance the resilience of their supply chains.

Capgemini 2023

However, only 6% of logistics companies can claim full visibility over their operations.

Geodis 2017

Addressing the Visibility Gap: Identifying challenges and implementing solutions

The impact of real-time data

The Visibility Gap is real and it impacts your operations everyday

Get an in-depth look at our recommendations to close the Visibility Gap in your operations

The resilience imperative

See Dexory in action