Real-Time Shipment Visibility: A Must-Have Feature for Supply Chain Professionals


It is the mission of supply chain visibility company Tive to “ensure you know where your valuable shipments are and what condition they are in.” For Tive, this is consistently about transparency and taking action in real time.

Tive’s latest industry survey, "The State of Visibility 2023," sheds light on the current state of supply chain visibility and the challenges faced by companies in achieving end-to-end transparency. Conducted in March 2023 in collaboration with Shipping and Freight Resource, Supply Chain Radar and Charlie Pesti, the survey gathered responses from more than 260 supply chain professionals (80% of whom are directly involved in supply chain operations and visibility).

The results indicated that real-time shipment visibility is considered a must-have feature by a whopping 77% of respondents, yet only a quarter of them (25%) actually utilize it. This highlights a significant gap in end-to-end visibility, potentially putting companies at risk for delivery disruptions, product damage, cargo theft, and customer dissatisfaction — all factors that can negatively impact their operations and bottom line.

Furthermore, 87% of respondents identified the "in-transit" phase as the segment of the supply chain with the least visibility. A notable 74% of survey participants confirmed plans to either increase or maintain spending on real-time visibility solutions in 2023. This is especially significant for the 46% of respondents who indicated that shipment visibility is a mandatory requirement for their end customers, such as retailers.

Overall, the survey attracted respondents from various industries and roles, including transportation, logistics, and third-party logistics (3PL); these represented 51% of the participants, while 19% came from specialized industries (such as food, perishables, high-value retail, consumer and luxury goods). These verticals are often targeted by cargo theft, a $35 billion sector. Logistics solutions are surely necessary here.

"Supply chain leaders face pressure to improve transparency and traceability—to ensure resilience, meet realistic sustainability goals, and provide superior customer experiences,” said Krenar Komoni, Tive’s CEO. “Yet, our survey results show that many companies still struggle to achieve real-time visibility across their global supply chain. There is more work that can be done."

Edited by Greg Tavarez
Get stories like this delivered straight to your inbox. [Free eNews Subscription]
Related Articles

Today's Technology Do-Gooders: FlySense Vaping and Bullying Sensor from Soter Technologies

By: Alex Passett    6/5/2023

FlySense 286 from Soter Technologies addresses educational environments' needs to keep students safer when it comes to instances of on-campus vaping a…

Read More

From Semtech and Connected Development, the XCVR Development Board and Reference Design for IoT

By: Alex Passett    6/2/2023

Based on Semtech's LoRa SX126x Series, the XCVR Development Board and Reference Design simplifies design processes and reduces time-to-market for IoT …

Read More

At the KORE of Sustainability: Actioning Environmental Improvements in IoT

By: Alex Passett    6/1/2023

For KORE, smaller packaging means a decrease in plastic carbon emissions. This is just one measure KORE is taking to improve sustainability measures i…

Read More

ESG in IoT: Semtech Furthers Commitments to Global Sustainability

By: Alex Passett    6/1/2023

Semtech recently released its inaugural Corporate Sustainability report, detailing its operational impacts and how they affect sustainably supply chai…

Read More

Laird Connectivity Sensors and Iridium Edge Solar: A Partnership for Asset Ecosystems in IoT

By: Alex Passett    5/30/2023

Iridium Communications and Laird Connectivity are integrating respective technologies to enable longer-term IoT asset tracking, monitoring and managem…

Read More