Manual data entry is a time consuming and error-prone process. But B2B systems now have a much greater role to play in refining business processes.
The ability to trade electronically with partners and customers globally allows an organization to take full advantage of market opportunities as well as introducing global sourcing and the off-shoring of appropriate elements of the business.
Improved supply chain management allows for better stock control and inventory management. Fewer stock-outs or short orders means less customer deductions and penalties and so greater profitability. You are able to move from a supply to a demand-oriented approach.
Visibility in the supply chain extends into logistics. An accurate knowledge of stock levels and the location of parts allied to an automated re-ordering and delivery system are prerequisite of any Just-in-Time manufacturing process.
Delivering Rapid Implementation
All this requires an unprecedented level of integration with the business processes of your trading partners. The ability to rapidly implement a B2B program, from gathering requirements, setting specifications, mapping, project management, reporting, migration, as well as issue resolution, is critical for ensuring minimal disruption to your overall business.
And it’s not just working faster; it’s working smarter—leveraging existing applications, knowledge and pre‐connected trading communities. The speed and flexibility at which you can enable an entire trading community—regardless of location, industry, company size or technical savvy—is key to the success of any B2B project. This cannot be achieved with technology alone. It requires a comprehensive solution comprised of dedicated people and processes in addition to a high-availability infrastructure
By acting as a ‘trusted broker’ a B2B Managed Services provider can facilitate implementing critical B2B integration and business processes to deliver:
- Increased visibility and traceability across the entire B2B transaction
- Increased visibility across the entire supply and logistic chains
- Increased inventory visibility, reduced stock shortage and canceled orders
- Increased visibility and control over trading partner performance
- Accelerated ability to enter new markets or implement new business practices
Key Consideration for Rethinking Your B2B Integration Strategy:
B2B Managed Services provides you with a global support organization to provide B2B technical and business expertise combined with best-practices and processes for rapidly implementing or extending the use of B2B e-commerce in an organization. This includes managing a B2B program on an ongoing basis, and quickly and easily bringing new trading partners onto a B2B network.