Sharing is Caring: How Data Is Enabling the Supply Chain of the Future
April 2, 2019
October 15, 2024
x min read
As the world grows ever more interconnected, modern manufacturers are embracing a mentality of collaboration and transparency to stay competitive. This means adopting new tools and technologies that help companies access and share key data and insights regarding their supply chains. In this recent op ed with Supply Chain Brain, we discuss the ways in which new data sharing technologies are making an impact throughout the supply chain industry.
Specifically, companies are using a variety of tools - from new multi-sensor trackers to API-powered integrations - to make it easier to share data across teams and stakeholders. With these solutions, it becomes possible to access location and condition data in real time, easily distribute that data to key players both internally and externally, and integrate that data into existing systems.
For example, if a sensitive shipment of perishable goods experiences a temperature excursion, always-connected sensors can provide the exact time and location of the temperature spike, in real time. That information can then be made available on a cloud-based platform, where it can be accessed by anyone who needs it. Finally, with API integrations into existing ERP or WMS systems, it becomes even easier to view and act on key in-transit data.
Ultimately, these new tools are all about enabling and encouraging a mindset of openness and sharing across teams and partners. When manufacturers embrace this collaborative approach through adoption of data sharing tools and strategies, the whole company enjoys the benefits of increased efficiency and improved customer experience.
To learn more about how data sharing technologies are making a difference in the supply chain world, take a look at the full article in Supply Chain Brain. And to learn more about how Tive can help you access and share data for your supply chain, request a trial today.