Solutions
Providing outsourced EDI for cost savings and efficiency.
To stay competitive in today's global marketplace, companies in all industries seek ways to reduce costs, increase supplier efficiency, and drive bottom-line results. At the same time, EDI requirements continuously change, and suppliers struggle to remain compliant with customer mandates. Building an efficient data interchange strategy is thus a complex endeavor and companies wishing to internally manage EDI transactions with a variety of trading partners, must buy and piece together a complex network of communication, translation and mapping technologies.
Communication and knowledge sharing — the ultimate challenges.
On-demand has become a way of life. Business relationships form every minute in every country around the globe — all with the goal of bringing better products to market faster. As project teams become more globally dispersed, the challenges involved with linking team members across company boundaries, firewalls, disparate systems and geographic locations increase.
Lack of transparency in the supply chain is a burden.
Manufacturing companies today are faced with the twofold challenge of delivering cost-effective, high quality products in a timely manner - but without waiving their profit.
Efficient collaboration with suppliers and partners is thus a crucial factor: supplied goods, parts and materials that fail to meet internal quality standards are one of the most likely causes of delayed deliveries and extra costs. To minimize that risk, many companies have introduced company standards their suppliers are requested to obey. However, standards are subject to frequent change and keeping the supply chain informed at all times is a very demanding, time-consuming and costly task.
Embracing the potential of global data exchange.
According to a 2007 supply chain research report, protecting intellectual property, keeping distributed work teams synchronized and making knowledge available for learning and reuse rank among the top five challenges of today's business organizations.
To overcome these issues, companies are increasingly realizing the opportunity to streamline data exchange processes across product design, development and manufacturing. However, building an efficient data exchange strategy is a complex endeavor. To exchange data across internal functions, business units and partner communities, an organization faces significant investments in technology, time and skilled resources. Even after an organization begins to build a proprietary data exchange application, ongoing maintenance obligations prove costly and divert resources from core business activities.
Recognizing the need for efficiency in product development.
In today's global business climate, organizations often rely upon multiple sites, partners and suppliers to execute product development initiatives. These disparate business units need to exchange and manage immense volumes of sensitive product data, all while ensuring that product designs are up-to-date and in the correct form for global collaboration. Further complicating data exchange and management initiatives is a wide spectrum of regional standards, protocols and storage locations.
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An ever-growing network of suppliers and challenges.
Organizations face a myriad of challenges when attempting to efficiently distribute requests for information, proposal and quotation (RFx) packages. Time spent compiling and distributing bid information delays the RFx process, diverts resources from high-value activities, and impedes the momentum of product innovation. Physically shipping RFx packages to potential suppliers adds lead time and expense. In addition, email systems lack the security and bandwidth necessary to distribute large bid packages safely.
These factors, along with globalization, increasing pressure to innovate and supply fluctuations, leave organizations searching for innovative and affordable ways to streamline their procurement activities.
Electronic Data Interchange means cost savings and efficiency.
According to a recent supplier enablement study published by the Aberdeen Group, organizations that use EDI methods to exchange business data with their partners and customers are able to reduce the costs for a typical requisition-to-order cycle by almost 40% on average. Additionally, 43% of best-in-class companies are leveraging electronic data interchange with another 18% planning to implement EDI strategies within two years.
Cost-effective and efficient transfer of business data over the internet.
OFTP2 is the new communication protocol that has been implemented by Odette (Organization for Data Exchange by Tele Transmission in Europe). It is being used to standardize the protocol communication for large file tranfers and traditional EDI within many industries, most notably, the automotive industry in Europe.
Comprehensive Collaboration and Process Automation
TRUcentrix is Trubiquity's comprehensive content management solution that enables enterprises to further engage with their community of partners, easily integrate the flow of information from their existing Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) systems and further extend the enterprise outside of its existing corporate IT boundaries.