Horizontal Supply Chain Collaboration
Today, supply chain stakeholders lack status information concerning their material flows, which increases their costs. Digitization provides the basis for optimizing material flow in supply chains. It establishes transparency, presents new possibilities for cost reduction in the process and helps identify logistic tasks that can be outsourced to third-party suppliers.
Track and trace systems, in combination with digital services, can make the full supply chain more successful. Barcodes, 2D-codes or RFID technology can identify materials. At the same time, the digital services are digitizing the logistic processes, for example, repacking or validation of material in handling units.
These systems provide every stakeholder with necessary and trustworthy information via the IDS data structure. Based on the secure data exchange, further data-driven process automation, such as billing processes, is visible.
Digitized and trusted transparency of material flow in the full supply chain
Flexibility in generating new business models in the supply chain to reduce process costs
- Reduced cost of fixed capital on stock
- SICK track and trace system with digital service
- IDS Trusted Connector
- Data Broker
- Identity Provider
- Corda (Blockchain / distributed ledger)