Why Your Information Network Needs Real-Time Data

Effective Data (ED) specializes in EDI Consulting and Data Integration. Founded by EDI experts, ED has been a pioneer in the electronic commerce consulting arena for decades. Effective Data's core competency is developing and managing technically robust EDI solutions.  With each project, our EDI Specialists collaborate to identify key business objectives, define a solution and continually manage the project through implementation. ED is a leading global cloud provider of Health Care, supply chain and trading partner connectivity, integration and Omni channel solutions. 

Progressive digitalization has meant that we require and expect far more of our information networks than before. Now, we generally expect that the right goods will always be in the right place at the right time. This, however, requires the entire value creation process to be reliable, transparent and efficient. An essential component of meeting these heightened needs is real-time data. An end-to-end digitalized supply chain is the key to opening up an effective and efficient flow of goods, money and information across networks.

If you want to network and harmonize processes across the board, one of the things you need is a supply of relevant data. Information on production status, quality, delivery status, sales quantity, price and much more is already largely available in real time. Ideally, this would be within a largely self-organizing network in which units constantly communicate with each other and react flexibly to each other. This lets any area related to procurement, internal logistics, sales or spare parts management benefit from significant increases in efficiency. Furthermore, moving from a horizontal value chain to an intelligent supply chain network lets you fully integrate suppliers, production partners and customers.

However, integrating suppliers along the supply chain quickly becomes a challenge.  In order to assure the type of dynamic value creation network described above, why not let cutting-edge technology give your supply chain some muscle.  While electronic data interchange (EDI) has been in use for years at large companies, for many smaller suppliers WebEDI is a way to quickly and easily integrate into a dynamic and digital supply chain.  And, with all players on board, it is easier to precisely and reliably plan capacity to meet actual demand.

In this digital age, real-time data accumulates in large quantities and is collected with the help of cyber-physical systems. These systems also, for example, let you carry out simulations based on real-time data. This means you can see the effect of changing suppliers or altering certain steps in the process on the entire supply chain network. By networking production, logistics, engineering and other services, you can synchronize the material and data flow and feed the real time data you gain into your business processes.

Both the B2B and B2C sectors benefit greatly from digitalizing a supply chain. In order to be able to exchange the data you need in real time, you need it to be completely integrated and a simple way to connect everybody involved. However, those who adapt their logistics to the high demands of the market as quickly as possible gain an advantage over the competition. Such a head start is invaluable for a company, especially in these times of increasing globalization and ever tougher competition from online transactions (e-commerce).

To learn more about how you can take advantage of Effective Data’s Integration offerings, please reach out to our account team for assistance.