Supply Chain News

Multiparty Network Cloud Platforms Questions & Answers

Connecting different systems together doesn’t create a true network, and often leads to complications and disaster, in order for you to achieve the results you are being promised you need to ask some very specific questions.

Connecting Businesses

Multi-party network platforms offer a new way to connect businesses, with all companies (buyers, sellers, movers) synchronized to a single version of real-time data in the cloud.

This enables companies to achieve dramatic improvements in performance and efficiency that are simply not possible with traditional systems.

Companies on multi-party networks achieve some impressive results, including:

  • Over 98% accuracy in demand forecast communicated from the retail location to the end tier supplier in real time.
  • Over 99% service levels coupled with less than 7 days of inventory
  • Ability to automate processes using AI and automatically fix disruptions as the happen (Automated Replenishment, Automated Forecast, Automated Allocation, etc.)

I am going to talk you through what you need to look for and must have in order to be successful.

With all the marketing around different solutions, there is a lot of confusion.

Connecting different systems together doesn’t create a true network, and often leads to complications and disaster.

Cliff Saran of Computer Weekly wrote;

“Businesses have less than a 50% chance of an SAP implementation delivering what it is supposed to, according to a new study.” Many companies have felt these pains. Datix documents a few of these, including “Avon’s $125 million SAP enterprise resource planning project failed after four years of work, development and employee testing.”

And the list goes on from Hewlett Packard to Hershey to Woolworth Australia.

Multiparty Network Questions & Answers

When looking under the hood of these technology platforms you are going to have to have some key components in order for you to achieve the results you are being promised.

Here is a list of questions you should ask about any proposed solution, and why they matter to your organization.

Is the solution modular making it easy for our organization to test and deploy?

Modularity is key to make sure platform-based solutions can be easily assembled from other smaller reusable modules. This keeps the system slimmer making it easier to test and deploy specific functionality of the module based on the customer’s needs, rather than dumping a large ERP system with lots of functionality on a customer.

This modularity allows One Network to fit to purpose the module based on the functions the customer needs today, along with the ability to quickly add new functionality with the flip of a switch as the customer’s needs grow tomorrow.

How do you keep my data secure on a network where multiple-parties are sharing the same data?

Download the Papers

Anytime we are dealing with a multiparty network this comes with security concerns. Who can see my data and when? Who can act on my data and when? All these things have to be very carefully controlled. At One Network we take this very seriously.

One Network carefully controls what kind of business actions can be executed and by whom. This is strictly controlled by One Network’s permissibility, which gives you fine-grained control over who can see what type of data and when.

How are you able to work with massive amounts of data? Do I want to ensure that as my business quickly grows will this platform enable us to be agile?

A multi-party network platform contains massive amounts of data, a lot more than is typically stored by an enterprise system behind a firewall. This creates some concerns, namely:

  • A large number of concurrent users
  • Larger numbers of integration feeds and transaction processing
  • Larger overall data size

The ONE platform is architected in such a way that it can horizontally scale with added capacity using techniques like virtualization. This means the technology can easily scale as the network grows, so there’s no degrading of system processing and user experience over time.

What makes your multi-party network platform reliable?

Data is crucial to any organization, without access to it the business would come to a standstill. To ensure the reliability of the data make sure the platform has been architected to ensure no single points of failure can ever occur. One Network system is designed so that the system can always function seamlessly regardless of the specific cause of the outage, whether a server crash, a disk failure or a database problem. The network remains functioning through all of these issues thanks to an active fault tolerance with at minimum active passive.

Is the multi-party platform interoperable with other systems?

This is a good question. Given the broad array of systems in place today, from the most modern using a service-oriented architecture with web services and rest APIs to back through asynchronous messaging using EDI, you need the ability to integrate these with your platform. One Network handles all types of these integrations. For example, large-scale ETL (extract, transform, load) type of integrations where there is a need to do large extracts of data for analytical purposes (e.g. POS data for retail). One Network’s platform also supports old legacy systems by dropping files over secure FTP. These types of integrations and large-scale formats are there are no agreed-upon cross-industry standards.

Does the platform enable flexibility for my business needs as they change into the future?

A platform needs to enable you to support any business processes needed through a rich Software Developer Kit (SDK) and user interface that supports highly flexible and configurable business processes. As part of its core modules, One Network provides you with a rich set of off-the-shelf functionality that spans the entire supply chain. This enables customers to add a layer over those modules to allow for small or large customizations (configurations), so they can tailor the solution to their processes and needs. These changes are maintained and supportable through upgrades and new releases.

There’s much more to this technology, so I recommend downloading the short reportMultiparty Platform Tech Brief (including the white paper Bridge to Blockchain: A Platform for Orchestrating Multi-Enterprise Networks).

About the Author

James Curtis is a Business Development Representative at One Network Enterprises. James enjoys helping companies get the most out of new technologies such as AI, IoT & Blockchain and real-time networks.

Related Resources

Download the White Paper

How a Multiparty Platform Speeds Digital Transformation and Optimizes IT Investment New!
If your business depends on complex relationships with hundreds or thousands of suppliers or trading partners; if it is multi-tier and global; then the Real Time Value Network is built for you. Download Now!


Download the White Paper

Escaping the Proprietary System Vise With ONE Agile Enterprise Doctrine New!
In this white paper, we suggest an approach to escaping the problem of ever-increasing legacy and proprietary systems and look at alternative approaches that have been considered and some of the problems with them. Download Now!


More Resources from One Network Enterprises


Article Topics
Best Practices   Supply Chain   Supply Chain Optimization   Cloud Computing   All topics


Comments
Be the first to post a comment.
You must be logged in to post a comment. Login.

 
Latest Supply Chain News
Providing eCommerce Merchants Access to Cross-Border & International Parcel Solutions
SEKO Logistics is partnering with ShipStation, the world’s leading web-based eCommerce shipping solution, to increase its eCommerce merchants’ ability to grow in new cross-border markets.

A Leader in the 2018 Control Tower Value Matrix
After examining the entire vendor landscape, Nucleus Research once again placed E2open in the Leaders Quadrant of their Control Tower Value Matrix and ranked us as the vendor with the highest functionality.

Monthly Imports Reach 2 Million Containers for First Time as Retailers Continue Rush to Beat Tariffs
Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the…

Gartner’s Magic Quadrant for Multienterprise Supply Chain Business Networks Report
Uniquely positioned to assist companies with their digital transformation initiatives, E2open ranked as the leader with the highest overall score in Gartner’s magic quadrant for multi-enterprise supply…


 

24|7 Pro Team

The 24|7 Team is your direct pipeline to solutions for your business challenges. It's your opportunity to have supply chain and logistics experts look at your specific challenges and needs, and give you free, no-obligation advice, solutions, and information.

The 24|7 Team will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your Request for Proposal list.

1
  Choose a topic for your RFP

Transportation RFP/RFI

The Transportation RFP is your direct pipeline to solutions for your transportation challenges. It's your opportunity to have logistics experts look at your specific transportation challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request.

Choosing the perfect software or system can be an indomitable challenge. Using this transportation/TMS RFP will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your Request for Proposal list.

Warehouse/DC Management RFP/RFI

The Warehouse Management Systems (WMS) RFP is your direct pipeline to solutions for your WMS challenges. It's your opportunity to have logistics experts look at your specific WMS challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request.

Choosing the perfect WMS solution can be an indomitable challenge. Using this WMS RFP will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your WMS Request for Proposal list.

Supply Chain RFP/RFI

The Supply Chain RFP is your opportunity to have logistics experts look at your specific challenges and needs, and receive free, no-obligation advice, solutions, and information. It simplifies finding a pool of likely partners, building your knowledge base, and preparing your Request for Proposal list. The companies in the Logistics Planner have agreed to respond to your request for in-depth information and follow-up, and your request is totally confidential.

Software/Technology RFP/RFI

The Software/Technology is your direct pipeline to solutions for your logistics information technology challenges. It's your opportunity to have logistics experts look at your specific technology challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request. Whether it's WMS, TMS, Mobile or Cloud, our pros can help.

The companies listed below have agreed to respond to your request for in-depth information and follow-up. Your request is totally confidential.

Executive Education RFI

The Logistics and Supply Chain Education RFI can help you identify the schools, coursework, continuing education, distance learning and certification opportunities available from leading logistics educational institutions.

Upgrade and improve your logistics and supply chain skillsets. Whatever route you choose—advanced degree, executive education, certification or distance learning—the time and money you invest in your education today can pay off in continued career success tomorrow. Contact leading universities and professional institutions for the information you need to prepare for the future.

Third Party Logistics RFP/RFI

This 3PL Request for Proposal (RFP)/Request for Information (RFI) can help you find the 3PL and 4PL providers that can meet your specific 3PL service challenges and needs. The 3PL companies below will provide free, no-obligation third-party logistics advice, solutions, and information.

Ask your 3PL questions, you'll get answers. Simply complete the information, and detail your 3PL challenges. Then, check off the third-party logistics companies that you want to review your request.

1. Choose an RFI topic.
2. Enter your contact information and challenge.
3. Select companies and optional categories.
4. Submit.


2

Your Information



Your Challenge, Problem or Request *

3

Select Transportation Companies

  • Select All

  • 3Gtms
  • BluJay Solutions
  • CSX Trans. Intermodal
  • Kuebix
  • Landstar
  • Legacy Supply Chain Svs.
  • One Network
  • Pitt Ohio
  • Purolator
  • Quintiq
  • SEKO Logistics
  • SMC3


Select Relevent Categories

  • Air Freight
  • Intermodal
  • Motor Freight
  • Ocean Freight
  • Rail Freight
  • TMS

Select Warehouse/DC Management Companies

  • Select All

  • 3PL Central
  • Apex Supply Chain Tech.
  • Honeywell Intelligrated
  • Kuebix
  • Legacy Supply Chain Svs.
  • Swisslog
  • Westfalia Technologies
  • Zebra Technologies


Select Relevent Categories

  • Auto ID & Data Capture
  • Automation
  • Conveyors & Sortation
  • Lift Trucks
  • Packaging & Labeling
  • Pallets & Containers
  • Shelving & Racking
  • WMS

Select Supply Chain Companies

  • Select All

  • 3Gtms
  • 3PL Central
  • Amber Road
  • Apex Supply Chain Tech.
  • APICS
  • BluJay Solutions
  • CSX Trans. Intermodal
  • Frontier Business
  • Kuebix
  • Landstar
  • Legacy Supply Chain Svs.
  • Logility
  • One Network
  • Purolator
  • Quintiq
  • SMC3
  • Synchrono
  • TAKE Supply Chain
  • Westfalia Technologies
  • Zebra Technologies


Select Relevent Categories

  • Global Trade
  • Inventory Management
  • Risk Management
  • Sustainability

Select Software/Technology Companies

  • Select All

  • 3GTMS
  • 3PL Central
  • Apex Supply Chain Tech.
  • BluJay Solutions
  • Honeywell Intelligrated
  • Frontier Business
  • Kuebix
  • Logility
  • One Network
  • Quintiq
  • SMC3
  • Swisslog Logistics
  • Synchrono
  • TAKE Supply Chain
  • Zebra Technologies


Select Relevent Categories

  • ERP
  • Sales & Operations
  • Sourcing/Procurement
  • Optimization
  • Transportation Mgmt
  • Warehouse Mgmt

Select Executive Education Choices

  • Select All

  • Graduate Courses
  • Online/Distance
  • Executive Education
  • Certifications
  • Undergraduate
  • Seminars
  • Associations
  • Conferences
  • Tradeshows


Select Third Party Logistics Companies

  • Select All

  • 3PL Central
  • Landstar
  • Legacy Supply Chain Svs.
  • Purolator
  • SEKO Logistics
  • Westfalia Technologies


4
 

24|7 Company Profiles