What are the best ways to improve supply chain visibility in the automotive industry?

Supply chain visibility is crucial for risk management, efficient resource allocation, customer satisfaction, data-driven decision-making, regulatory compliance, and supplier collaboration. It enables proactive issue resolution, optimized inventory levels, timely deliveries, and cost reduction through operational efficiency. With real-time insights, organizations can make informed decisions, ensuring compliance with regulations and fostering collaboration with suppliers. Overall, visibility is essential for navigating challenges and capitalizing on opportunities in the dynamic global business environment.

Supply Chain Visibility in itself an important parameter & not particular to Automotive or Electronics alone. Here I would apply the 4M Principles of Man Machine Material & Method and address parameters under each of these headings: The human and collaboration, transparency takes the lead since whatever the tools, AI, etc., are to be managed by a human. In absense of this, rest of the system will become after the fact analysis support. Machines, Equipment used, their reliability will make the targeted deliveries attainable. The quality of the material supplied, availability of it will come next. The method chosen for the supply chain to be considered with its historical variabilities / stability. On top of that IOT gives and edge.

Sometimes supply chain visibility can be as simple as letting your customers and partners access your Warehouse Management System data through a portal. That way, they can see what you can see, when you can see it. Giving customers and partners (specific and restricted) access to information about your inventory levels, and their order statuses and shipments can help those customers self-serve, which frees you up to actually do the job of managing your inventory processes - and getting their orders to them faster.

Enhancing supply chain visibility through digital technologies is paramount. Integrated ERP systems unify data, IoT sensors offer real-time tracking, and blockchain ensures secure, transparent transactions. Advanced analytics and AI optimize inventory, while cloud platforms enable seamless collaboration. Dedicated visibility software aggregates data, RFID enhances tracking accuracy, and collaborative planning tools foster coordination. Machine learning refines demand forecasting, mobile apps provide real-time access, and EDI automates data exchange. RPA streamlines tasks, collectively creating a connected, transparent supply chain, vital for risk management, operational efficiency, and superior customer experiences.

Boosting supply chain visibility demands collaboration and integration. Unify systems—ERP, WMS—for seamless data flow. Engage suppliers in shared planning for transparency. Cross-functional teams break silos, fostering collective goals. Standardize data formats, use EDI for efficient communication. Real-time messaging and cloud platforms offer instant updates. Align demand planning and logistics for integrated operations. Implement VMI for responsive inventory management. Foster partnerships for cross-company data sharing. Align KPIs for shared success metrics. Integrate blockchain for secure transactions. Adopt collaborative tech, instill a culture of continuous improvement through training.

One of the top level Measurement should be Planned V/s Actual Delivery time + Usage of the delivered product. To reach there or to analyse the root cause of variation if any on the above, the subsystem performance of follwoing areas to be measured, tracked > Inventory Turn Over Ratio, > Inventory accuracy, > order fulfillment rate, > on-time delivery rate, > lead time, cycle time, and > customer satisfaction.