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Single Version of the Truth: The Journey to a Unified Supply Chain
Chainlink Research, July 2006, Pages: 46
The accurate and timely sharing of strategy, planning, and execution information across the end-to-end supply chain has become critical. The elimination of trade barriers, and the move to massive outsourcing, especially to low-cost labor countries, has created globally dispersed 'virtual corporations', often with hundreds of intertwined companies involved in bringing each product to market. To survive and thrive, it appears enterprises will have no choice but to 'open the vault' and begin standardizing and sharing data. The new business reality requires synchronizing on a 'single version of the truth' (SVoT) across multiple enterprises.
To find out about current attitudes, plans, and actual sharing of data across multiple tiers of the supply chain, ChainLink Research surveyed 218 companies and interviewed senior supply chain executives from 30 firms across a diverse range of industries including manufacturers, distributors, retailers, and service providers (e.g. 3PLs). This report is organized into five main sections:
- Dimensions of SVoT--How practitioners related SVoT to their firm.
- How Companies Plan to Share Data--Ways companies are planning to share data with trading partners, including exposing web services to trading partners, sharing of RFID data, and sharing across multiple tiers.
- Impacts of Supply Chain Structure on SVoT Implementation--How company structure shaped the different companies priorities for SVoT.
- Inhibitors to Adoption--Why is it taking so long! We explore the barriers uncovered by the research.
- Evolution of SVoT Technologies--How different technologies support different aspects of SVoT: ERP/EAI, EDI, CPFR, Project Collaboration Systems, Exchanges and Networked Applications, GDS, RFID and the EPCglobal Network.
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