Inovis White Paper Sample
Complex technology
Often, B2B initiatives were driven by the need to comply with a certain mandate or meet specific operational requirements, resulting in a piecemeal chain of systems and leaving communication gaps within the supply chain. Therefore, many companies are working with
legacy applications and silo solutions that are not interoperable. There is no easy way to synchronize the data from each system to create a comprehensive view of the supply chain. Silo tools create barriers to working within multiple formats and standards, resulting in lost business, missed growth opportunities and further eroding value.
Additionally, B2B technology itself has built-in complexities arising from communication issues with AS2, AS3 and VAN mailboxes, erroneous data exchange as well as trading partner connectivity problems. These problems are commonplace and drain resources. In fact, according to a 2006 GS1 study, most businesses spend between $40 and $80 per error to resolve problems with item data and invoicing data.
Furthermore, connectivity issues are typically recurrent which creates a reactive environment, shifting focus from core business operations toward lower impact issues, wasting time and creating unnecessary productivity costs.