November 20158 logisticstechoutlook.comOpinionIn myA high-level extended value stream map (VSM) visually depicts where opportunities for improvement exist in particular processes along the supply chainThe supply chain is inherently complex. Producing economic profit and shareholder value through supply chain excellence is increasingly challenging as the intricacies of logistics continue to grow. Being able to secure an end-to-end view of the supply chain with visibility to product, processes and events that occur across a company's transportation network is often the differentiating factor between a company being the dominant player in a market or an also-ran. In addition, many companies are on a quest to gain market share or expand service offerings through acquisitions, while becoming more agile to meet increasingly dynamic customer demands. To meet these challenges, corporate leaders are seeking a partnership with a best-in-class Enterprise Logistics Provider to achieve competitive advantage and transform the supply chain. Leveraging technology and applying Extended LEAN®, Transportation Insight's proprietary continuous improvement methodology for the supply chain, is paramount to gaining efficiency and visibility of all supply chain touch points. These gains foster improved enterprise productivity and can provide actionable business insight that helps organizations measure against short-term and long-term growth goals.A world-class supply chain demands technology-driven insight that spans from the shipping docks to the board room. Through logistics technology, strategic enterprise partners provide the needed information, collecting myriad data at the most granular level. As a result, CFOs and Operations leaders can see inside their own trending. They can see what costs and margins are up and down, which clients they serve at an unprofitable landed cost and those accounts that are highly profitable.Best-in-Class Enterprise Logistics Providers Drive Competitive AdvantageBy Chris Baltz, President & CEO, Transportation Insight, LLCChris Baltz
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