How Sharing Data within the Supply Chain Benefits Everyone, and the Planet!
Now that we have fully come of age in the era of Big Data and connectivity, with Cloud-based applications mushrooming into the web, there’s no excuse for organisations at both ends of the Supply Chain to shy away from co-operation and collaboration when it comes to sharing data. The Retailer’s goal is to improve the end Customer Experience as well as maximise profit. The Supplier’s goal is to improve the retailer’s experience by ensuring availability meets demand – and also maximise their own profit. This can be achieved with dramatic results if Suppliers and Retailers co-operate to reduce costs and wastage. And a welcome by-product of increased logistical efficiencies is a lower overall carbon footprint so the Earth benefits from data-sharing!
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