Supply Chains are facing increasing scrutiny. This gets targeted at product safety, environmental responsibility and workers rights. Supply Chain Transparency harnesses this knowledge.
Supply Chain Transparency secures compliance and data visibility. This empowers supply chain collaboration and faster decisions. That allows Supply Chain Members to mitigate wastage, risk and cost.
Supply Chains have a need to harness knowledge about processes. This knowledge has to get shared internally and externally. That supports compliance with laws. These laws include:
- Dodd-Frank Section 1502, the conflict minerals provision of 2010.
- Forced Labour Australia.
- UK Modern Slavery Act.
- Food Safety Modernisation act.
- Plus others are on the horizon in different countries.
A lack of transparency has a disruptive effect on Supply Chains. This leads to a disparaging effect on organisations reputation. That adds risk and cost.
An example of the disruptive effect on supply chains would be; U.S Border Customs and Protection denying seven shipments of Squid from China.
The Global Covid-19 pandemic has also demonstrated another need for Supply Chain Transparency. Supply Chains need to secure agility and resilience. This empowers them to continue providing services in the face of greater disruption.
Supply Chain Transparency underpins agility and resilience. It empowers information to get shared that secures agile purchasing of materials and/or goods. This allows organisations to fulfil orders as countries grind to a halt.
Supply Chain Transparency unlocks value and secures a safer world for everyone. But, supply chains may face a number of challenges implementing it.
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Supply Chain Transparency challenges.
Supply Chain Transparency has a number of challenges. These include:
- Paper based systems and siloed mentality in Supply Chains. These have impeded Supply Chain Transparency.
- Supply Chains Transparency may not satisfy short term requirements.
- Lack of knowledge about the base place to start with a high risk, high cost delivery model.
- Convincing Supply Chain members to share information.
Paper based systems led to disjointed collaboration. It had a high cost and increased risk. This left Supply Chain Members with poor, hard to manage information.
Digital Transformation has mirrored Paper Systems in a digital format. This has enabled visibility across internal operations. But, it blocks visibility across supply chain members. This has driven Supply Chain Collaboration into Email and IM systems. That created new pockets of data across supply chain members. This impedes Supply Chain Transparency.
Supply Chain Transparency might not seem a high priority for investment. But, Supply Chain Transparency accomplishes far beyond compliance needs. It enables faster, higher quality decisions through Supply Chain Visibility. It empowers Collaboration reducing disruption and risk.
Rigid, high risk and high cost Digital Transformation has inhibited Supply Chain Transformation. This has led to a lack of appetite to transform and lack of knowledge about starting a Supply Chain Transparency project.
The siloed mentality in Supply Chains has impedes Supply Chain Data Sharing. This impedes Supply Chain Information Flow. That adds risk if there is a disruption in the supply chain. This leads to poor service and losses.
Digital provides Supply Chain members with an opportunity. It empowers them to harness and collaborate on information. This drives transparency, visibility and efficiencies.
The use of solutions such as Data Hubs don't overcome the challenges in Supply Chain transformations. This is because they rely on copying information from a number of silos into a new centralised silo. That means Supply Chain members lose control of their information. This restricts the amount of information shared. That leads to friction between supply chain members.
Digital provides a connectivity and flexibility that Supply Chains haven't exploited. To exploit this Supply Chain members must harness data. This empowers them to secure Supply Chain Transparency.
G8CC, a solution to secure Supply Chain Transparency.
G8CC creates a simple, distributed data sharing layer that mirrors the flow of goods throughout your Supply Chain. This empowers Supply Chain members to contribute secure trusted information. That allows them to access information when and where information is needed. This unlocks governed Supply Chain Transparency.
G8CC empowers supply chain members to build on existing silos. This allows them to keep physical and logical control of the information that is shared. That enables them to build trust across the supply chain, mitigating risk and disruption.
G8CC allows Supply Chains to start small and easily scale. This provides a lower delivery risk and cost, unlocking continuous database integration. That empowers agile supply chain transformations, enabling supply chain members to support faster change.
G8CC is simple to configure. This enables new supply chain members to be easily integrated into the Supply Chain Network. That supports faster change management in the face of disruption such as Covid-19.
G8CC has a low learning curve with a flexible integrated interface. This enables Supply Chains to do more for less. That reduces time to value, supporting ongoing business change, while supporting Supply Chain Transparency.
G8CC includes connectors for many popular databases used in Supply Chains. This enables supply chain members to build on existing investments. That reduces cost and enables faster change.
G8CC includes connectors for:
G8CC has a low learning curve. This vastly reduces delivery and ongoing costs. That empowers IT teams to demonstrate value and collaboration faster.
G8CC empowers supply chain members to prioritise Supply Chain Information Sharing to generate value. It unlocks value for:
- B2B Data Integration.
- Supply Chain Visibility.
- Supplier Collaboration Software.
- Supply Chain Management for Small Business.
- Supply Chain Collaboration Software.
- Secure Data Sharing.
- Multi Enterprise Collaboration.
At GARNET8 Limited we can support your transition to a seamless End-to-End Data Management Platform. We help you to overcome rigid integration and disjointed, costly collaboration. Our experience allows us to:
- Support data architecture design.
- Provide Database Integration.
- Deliver automated work-flows
- Build views and real-time data streams.
- Train IT and end users.
Contact GARNET8 today. Start your journey to a modern, agile, scaleable, secure End-to-End Data Management Platform.
With G8CC you can:
Deploy our Application Platform on AWS, Microsoft Azure, Google Cloud Platform (GCP), Kubernetes, private cloud.
G8CC's flexibility allows you to manage your data building trust. That empowers you to add value to your data across traditional borders.
Remove duplicated effort and wastage. Harness and build on the value of digital and data, reducing delivery and ongoing costs.