Supply Chain Visibility-Cost Matrix

The Supply Chain Visibility-Cost Matrix is a tool used to evaluate the cost and visibility of supply chain operations. It helps businesses identify areas of improvement and prioritize investments.

At a very high level, the Supply Chain Visibility-Cost Matrix is used in the context of business, supply chain.

Supply Chain Visibility-Cost Matrix quadrant descriptions, including examples
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What is the Supply Chain Visibility-Cost Matrix?

A visual explanation is shown in the image above. The Supply Chain Visibility-Cost Matrix can be described as a matrix with the following quadrants:

  1. Low Cost, Low Visibility: This quadrant represents low cost and low visibility. Examples of entries in this quadrant include manual processes, lack of automation, and limited data.
  2. Low Cost, High Visibility: This quadrant represents low cost and high visibility. Examples of entries in this quadrant include automation, data analysis, and process optimization.
  3. High Cost, Low Visibility: This quadrant represents high cost and low visibility. Examples of entries in this quadrant include complex systems, lack of data, and limited automation.
  4. High Cost, High Visibility: This quadrant represents high cost and high visibility. Examples of entries in this quadrant include complex systems, data analysis, and process optimization.

What is the purpose of the Supply Chain Visibility-Cost Matrix?

The Supply Chain Visibility-Cost Matrix is a tool used to evaluate the cost and visibility of supply chain operations. It helps businesses identify areas of improvement and prioritize investments. The matrix is divided into four quadrants, each representing a different combination of cost and visibility.

The top-left quadrant represents low cost and low visibility. This is typically where businesses start, as they are still in the process of understanding their supply chain operations. The top-right quadrant represents low cost and high visibility. This is where businesses can start to optimize their operations, as they have a better understanding of their supply chain. The bottom-left quadrant represents high cost and low visibility. This is where businesses may need to invest more in order to gain visibility. The bottom-right quadrant represents high cost and high visibility. This is where businesses have the most visibility and can make the most informed decisions.

The Supply Chain Visibility-Cost Matrix is a useful tool for businesses to evaluate their supply chain operations and make informed decisions about where to invest. It can help businesses identify areas of improvement and prioritize investments.


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What templates are related to Supply Chain Visibility-Cost Matrix?

The following templates can also be categorized as business, supply chain and are therefore related to Supply Chain Visibility-Cost Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

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