B2B Data Integration and Transformation Blog

Key Takeaways 

• APIs improve supply chain visibility by tracking goods in real-time resulting in improved inventory management.
• API automation leads to more streamlined business operations. In addition to reducing manual processes, API automation ensures accurate inventory management. 
• APIs have facilitated a shift toward digital supply chains, and they also serve as a critical component of supply chain automation.

When APIs became commercially viable and made their way into enterprise technology, many people believed they would replace EDI systems. As it turns out, that’s not true – EDI and APIs are better together.

There was a time when it didn’t matter how the customer felt about doing business with you – the only thing that counted was that they stuck with you. However, times have changed; customer experience is now a crucial factor in all industries. In addition, technological advancements mean that operational workflows no longer have to be laborious and time-consuming.

Here’s a scenario that might sound familiar: you’re set to launch a digital transformation, but your budget is limited. You understand that APIs are a critical tool to digitize your company, yet you don’t know if you can afford to implement them.

Over the past several years, “digital transformation” has become something of a buzzword – so much so, people don’t quite understand what it means or how it's relevant to them. However, digital transformation is critical to stay competitive, relevant, and agile in today’s business environment. APIs represent an essential tool for digital transformation.