70% of organisations lack the capability to track carbon emissions in their supply chain, according to data from visibility platform Beacon

Beacon, the supply chain visibility and collaboration platform, has released its 2024 Supply Chain Visibility Capabilities Report examining the progress organisations are making on improving supply chain visibility. The company has also launched ‘Beacon PowerScore’, a quick and comprehensive way to assess and benchmark your supply chain visibility capabilities against similar companies. 

75 supply chain and logistics professionals were presented a series of true or false statements to understand their capabilities as it relates to three general themes of visibility: tracking, analytics and collaboration. 

Some key takeaways include: 

• An overwhelming 69.6% of respondents admitted to lacking the capability to accurately track and report on Scope 3 carbon emissions from freight transport, highlighting a significant gap in environmental reporting capabilities. 
• 43.5% of respondents report obstacles in ensuring seamless data sharing across supply chain actors     
• 37.7% of organisations lack a centralised platform for managing communication with partners, instead relying heavily on email, which remains the predominant form of communication within supply chains. 
• The connectivity problem extends to the realm of document management with 31.9% of respondents reporting difficulties with centralised storage and accessibility of logistics and compliance documents 

The results of the survey demonstrate three core areas of opportunity: advancing collaboration and connectivity between supply chain actors, improving carbon emissions reporting and managing the financial risks stemming from disruption and delays. 

Fraser Robinson, CEO of Beacon said “The 2024 Supply Chain Visibility Capabilities Survey reveals the continued struggles companies are having in streamlining how they interact and share information with the other actors in their supply chains. While in many cases we see organisations improving their data infrastructure, there remains a large opportunity around breaking down the communication and information silos that hinder supply chain resilience and agility."

Beacon has also launched ‘Beacon PowerScore’, a quick and comprehensive way to assess and benchmark supply chain visibility capabilities. Companies will receive a score from 0 to 100 based on their responses to a few true-or-false questions about freight tracking, collaboration and analytics capabilities. Upon completing the quiz, respondents receive a free report benchmarking performance against industry peers, highlighting potential blind spots, and suggesting opportunities for improvement.

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Media enquiries:

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TB Cardew               beacon@tbcardew.com

Emma Pascoe-Watson 07774 620 415

Jessica Pilling 07918 584573

W: www.beacon.com

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About Beacon:

Beacon’s supply chain visibility and collaboration platform empowers organisations to achieve more efficient, reliable and sustainable supply chains. Our user-friendly solution unifies real-time ocean, air and road freight tracking and emissions data in a single source of truth. A suite of collaboration and analytics tools make it easy to share the latest updates with partners, take swift action to manage risks and generate the insights needed to improve supply chain performance.

Customers including Fever-Tree and Tata Consumer Products are using Beacon to automate global freight tracking, coordinate responses to disruptions, keep customers informed, assess carrier and route performance, monitor carbon emissions and more.