Which of the following principles is essential for achieving logistics visibility?

Real-time data tracking is essential for achieving logistics visibility because it allows companies to monitor their supply chain processes as they happen. This principle enables businesses to have immediate access to information about the movement and status of goods, making it possible to respond swiftly to any disruptions or changes in the logistics network. By leveraging technologies like GPS, RFID, and internet-connected devices, companies can gain insights into inventory levels, shipment locations, and transit times, thereby enhancing decision-making and improving overall efficiency.

In contrast, after-the-fact reporting provides insights only after events have occurred, limiting the ability to react promptly to issues. Static inventory methods lack the dynamic responsiveness needed for modern logistics where demand can shift rapidly. Minimal communication can lead to information silos, hindering collaboration and transparency among stakeholders in the supply chain. Therefore, real-time data tracking stands out as a critical component for achieving logistics visibility in a fast-paced, interconnected global environment.