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Warehouse & Supply Chain Data Exchange
An
efficient supply chain involves the flow
of information, as well as the flow of
goods. That is why warehouse management systems, or supply chain solutions, are so important in term of data exchange.
However,
real time access to the accurate and up to date information essential to inventory management
often entails costly and complex integration.
Principal Systems' Data Exchange Solutions:
Principal Systems overcomes this challenge by means
of the Data Exchange - a two way
electronic messaging service for all parties in the supply chain regarding every movement of every traceable item. Unlike exchanging high level information (e.g. purchase orders, or sales orders) all traceable information is exchanged between the parties (batch numbers, lot numbers, etc.).
The
data exchange offers the following advantages:
.
Each member has a single point of integration
. Full visibility of all traceable information across the entire supply chain
. Integration costs can be pushed down to each
supply chain member
. Makes it easier for manufacturers to switch partners
in the supply chain
. Facilitates lower Stock holding/stock
out situations |
