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What is Total Asset Visibility

Chapter 4
Handbook of Research on Modern Optimization Algorithms and Applications in Engineering and Economics
A capability to provide users with timely and accurate information on the location, movement, status, and identity of units, personnel, equipment, material, and supplies.
Published in Chapter:
Real World Applications: Using Technology to Improve Supply Chain Management and Total Asset Visibility (TAV)
Ibibia K. Dabipi (University of Maryland – Eastern Shores, USA), Judy A. Perkins (Prairie View A&M University, USA), and Tierney Moore (Prairie View A&M University, USA)
Copyright: © 2016 |Pages: 20
DOI: 10.4018/978-1-4666-9644-0.ch004
Abstract
Over the years the supply chain industry has been transforming to improve the end-to-end (production to delivery) process. Supply chain management (SCM) allows various industries to oversee and better handle how their product is manufactured and delivered. It allows them to track and identify the location of the product and to be more efficient in delivery. Integrating total asset visibility (TAV) technology into the supply chain structure can provide excellent visibility of a product. This kind of visibility complemented with various packaging schemes can assist in accommodating optimization strategies for visualizing the movement of a product throughout the entire supply chain pipeline. The chapter will define SCM, discuss TAV, review how transportation as well as optimization impacts SCM and TAV, and examine the role of packaging in the context of SCM and TAV.
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