Since the emergence of visibility solutions in transportation, the most common measure of operational efficiency was on-time performance. It was very rare for companies to consider the performance of multimode and multi-level shipments as key performance indicators (KPIs). However, with the significant advancement of technology, there are several KPIs adopted that cut across all aspects of the supply chain, such as the financial, physical, and regulatory factors.
Focusing purely on carrier performance will give you a narrow view of the highly advanced supply chain systems (LinkedIn). This gives companies a considerable amount of difficulty in linking big data. To adequately evaluate supply chain performance, it is important to concentrate on the metrics and data available from trading partners and the stages of successfully completing a shipment.
For big data to be relevant in the analysis of supply chain performance, the information provided must be timely, accurate, and complete (http://www.edisoft.com/careers-edisoft-unparalleled-edi-solutions.php). It must also bear the ability to seamlessly integrate varied data from different time zones and locations. This means that there needs to be a data quality management program and a predefined evaluation criterion for the KPIs of big data.
It is important to note that the benefits of big data go beyond enhancing carrier performance, but also extend to trading partners and business processes such as warehouse management. Evaluating the KPIs of an end-to-end supply chain and the factors influencing shipment variability will enable businesses to achieve a responsive, compliant, and cost-efficient supply chain.
It is a computer software development firm based in Toronto, Ontario, specializing in the creation of a Smart Process Supply Chain Service Platform. This configurable system assists manufacturers and distributors to improve their supply chain performance. The firm currently dispenses its services globally from the headquarters in Toronto, and a satellite office in Miami.
It is a privately held entity that was established in 1995. The company’s main objective is to develop unmatched ERP-integrated EDI solutions for small and medium-sized enterprises. This would enable these businesses to trade and connect effortlessly to their trading partners.
Edisoft’s supply chain platform has the ability to combine the full functionality of EDI solutions with most of the modern ERP and accounting systems. This means that the platform has the ability to integrate carrier management, vendor compliance, and warehouse management into a single efficient system.
In conjunction with popular accounting systems, the Edisoft Merchant Suite provides end-to-end support to improve supply chain performance. This suite includes Merchant XChange, Merchant QuikPAK, and Edisoft Merchant.