Exception reporting is filtering out information that is within expected parameters and reviewing only that information that is different or unexpected. The idea behind exception reporting is that the information, when received, is compared against anticipated results. As long as the information is as expected there is no reason for human intervention and previously organized events may continue to proceed as normal. Exception reporting reduces the need to review data, reduces scheduling changes, and focuses attention on what is wrong instead of what is right with the information received. Accurateness of data is obviously the single most important factor when using logistics as a competitive advantage.
Data can come from inside an organization as well as from beyond the walls of the organization.
Accurate data is useful and allows competency in informational decisions. Inaccurate data is not only useless but causes doubt and casts a shadow of suspicion on future data coming from the same source. In conclusion logistics, and the data used in its operation, is the greatest competitive advantage that could be found in any organization.