Supply chain digitization

Supply chain digitization involves the integration of digital technologies into various aspects of supply chain management such as communication, data sharing, and process automation to deliver a sustainable supply chain. The benefits of a digital supply chain extend far beyond sustainability—it also delivers a faster, more efficient and flexible supply chain by enhancing visibility, productivity, and collaboration.

OpenText's B2B integration solutions are a prime example of how digital technologies can facilitate seamless communication and data exchange between trading partners to optimize processes and improve operational performance.

Real-time visibility allows businesses to monitor the movement of goods, orders, and inventory at every stage of the supply chain. It enables companies to react quickly to disruptions, reduce costs, make more informed decisions, improve operational efficiency, and provide better customer service. Essentially, it provides companies with a true competitive advantage. With real-time visibility, companies always have clear insight into their entire operation, including visibility into exactly where inventory is, how much of it there is, and where it needs to go.

OpenText's supply chain automation solutions offer real-time tracking capabilities that enable organizations to promptly identify disruptions, make informed decisions, and maintain an agile supply chain. This real-time view improves productivity and on-time delivery, while enhancing risk management.

IoT integration enables physical devices and sensors to connect to the digital network, generating real-time data, remote equipment monitoring, and secure back-end system integration. With other advanced technologies such as AI and blockchain, IoT helps enable autonomous supply chains—that means more agile, flexible, and resilient supply chains. 

OpenText's IoT integration solutions enable businesses to gather and utilize this data to optimize routes, enhance demand forecasting, and proactively address potential issues.

Managed services, such as OpenText's Business Network Cloud Enterprise, offer specialized support for B2B integration. It allows businesses to focus on core operations while ensuring seamless communication with partners. These services ensure the reliability, efficiency, and cost effectiveness of supply chain digitization efforts. Managed services deliver a strategic roadmap to help companies deliver on their digital transformation and then help them manage the platform once it is in place.

With 35,000 customers connected to 1.1 million trading partners, OpenText’s expertise can help manage the B2B integration and supply chain digitization efforts of any size company.

Supply chain digitization enhances risk management by providing real-time visibility into supplier performance, transactions up and down the chain, market trends, and potential disruptions. This enables proactive risk mitigation strategies, ensuring continuity and minimizing the impact of unforeseen events. With the right platform, supply chain digitization also enables companies to quickly and easily onboard new partners, further mitigating potential risk.

OpenText's supply chain digitization solutions offer advanced visibility to help businesses proactively mitigate risks while improving collaboration, easing secure access, and streamlining trading partner onboarding and management.