Trade is a very competitive industry to operate in. Competition arises not between trade companies but instead between the supply chain management processes. The supply chain is a competitive advantage in each organization. In addition to finding a serious trade partner, challenges differ from packaging, customs, and logistics to finding adequate storing locals. Yet, in trade, a good supply chain management is a key factor either for success or failure. Consequently, supply chain visibility solutions are introduced in today’s world of business in order to make trading more efficient and provide businessmen with control over the course of trade.
The supply chain visibility is the practice of collecting, storing and analyzing the relevant data to track the flow of materials as they move through the supply chain from suppliers to producers to the end-consumers (ORTEC, 2018).