When sitting down to a meal, do you ever take a moment to think about where the food came from? Sadly, I think most people would say the local supermarket.
On a larger scale, a study by KPMG found that nearly half of global manufacturers don’t have any visibility past their direct suppliers. Meaning they cannot see beyond them, to their suppliers’ suppliers. This can have huge implications, especially in industries where traceability is required (such as food and pharmaceutical).