B2B Data Integration and Transformation Blog

Blockchain has the opportunity to transform the supply chain. It will make the supply chain more transparent, allowing greater traceability to make the supply chain more effective and reliable. At the same time, a number of blockchain projects aim to reduce fraud.

Artificial intelligence is no longer the stuff of science fiction movies. It is rapidly becoming a fixture in the business technology landscape because it makes processes more efficient and cost-effective.

The supply chain can now leverage AI to streamline its management. Read on to learn about the revolutionary impact this technology is having on the supply chain and how to harness its power within your organization.

You no doubt like to think of your company as a firm with which it is easy to do business. You pay your invoices on time, you do not put in too many rush orders, and you have even implemented EDI tools to make communication seamless and simple. So, why haven’t your major suppliers come on board and integrated with your EDI tools?

If you were asked to identify your most valuable asset, you would most likely answer that it is your customers. You would not be wrong; you need your customers in order to survive. However, there is another group that you rely upon for your survival: your suppliers.

Think about the important business relationships in which you invest. Obviously, you have invested heavily in the relationship with your customers. What about other business relationships, especially the ones you have with your suppliers?