There is no denying that supply chains worldwide have been heavily tested in the past two years because the pandemic made the demand and availability of supplies quite unpredictable. Experts typically focus on addressing consumer goods shortages when planning to invest in meeting these supply chain difficulties. However, we hardly consider how these investments can assist with conservation and climate change, addressing sustainable supply chain management practices. This article will discuss how today’s companies can rely on integration technology to boost supply chain performance to support the world’s sustainability concerns.
Digital Transformation For Performance And Environmental Targets
Many companies have hastened their digital transformation efforts to accommodate supply chain disruptions caused by the pandemic. This challenge has worsened because consumers still expect high-quality service and convenience as many of them conduct more online transactions.
Therefore, the supply chain’s digital transformation by having more robust systems that can adjust to changes in transport logistics, component availability, and other key supply chain variables is regarded as an effective way to meet these increasingly high client expectations. Several managers are usually more interested in having more control and increasing revenue than delivering an enhanced customer experience when implementing this transformation.
However, this model is perhaps better for the environment. This is because as enterprises strategize their supply chain digital transformation, they can produce more effective and affordable models that simultaneously address sustainability and resiliency issues.
Finding The Right Solution
Supply chain managers must make integration technology central to their digital transformation efforts to ensure efficiency and sustainability. This is because a lot of what constitutes an effective and sustainable supply chain management approach occurs at integration technology’s basic level. This technology will offer visibility and control throughout the supply chain, allowing businesses to make data-backed decisions concerning everything from order fulfillment to pricing.
Your integration technology strategy will likely include these two solutions:
Electronic Data Interchange (EDI) Software
Many leading manufacturers, suppliers, retailers, and shippers are familiar with EDI software since it has been around for a long time. This integration technology helps third-party logistics companies and other supply chain stakeholders move orders through the chain. It is quicker, easier, and more accurate than manually purchasing orders or doing paper invoices, making it greener as well. This solution ensures that you can efficiently process and deliver orders and handle returns. Also, adopting it ensures that your competitors concerned about their environmental impact don’t overtake you.
Application Programming Interface (API) Software
Many experts agree that we live in an API-first world due to the rise of cloud and hybrid cloud environments. Therefore, companies must adopt API and DI integration to boost resilience and environmental sustainability. You can achieve this by merging these capabilities on one platform that allows you to manage both simultaneously. Essentially, there is a need for integrated solutions that can evolve with your business and the world at large since technology keeps advancing. Consequently, look for an integration solution that will put you in control and help your business scale when necessary.