What is the goal of the total asset visibility (TAV) process?

The goal of the total asset visibility (TAV) process is to provide timely and accurate information. This process aims to ensure that all stakeholders have access to real-time data regarding the status and location of assets throughout the supply chain. By achieving total asset visibility, organizations can enhance decision-making, optimize resource allocation, and ensure that assets are utilized efficiently.

With accurate and timely information, organizations can better manage their inventory levels, forecast future needs more effectively, and respond quickly to changes in demand or supply disruptions. This foundational aspect of TAV supports overall operational efficiency and is critical for effective materiel management.

While maximizing inventory turnover, reducing ordering costs, and enhancing supplier relationships can be benefits of a well-implemented TAV system, the primary focus is on ensuring that relevant information is readily accessible and dependable for informed operational choices.