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Product overview

Gain real-time supply chain intelligence and increase agility by integrating with 100% of your 3PLs

TraceLink MINT for Logistics enables integration with 100% of your 3PLs at a fraction of the cost and time of EDI or point-to-point connections. A single connection to the TraceLink network enables the real-time exchange of the complete set of B2B transactions for 3PLs, including warehouse stock transfers, advance ship notices, and warehouse shipping orders, to provide up-to-date information and ensure accurate and on-time customer order fulfillment.

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With MINT for Logistics, you can:

Use a single connection to the TraceLink Network to integrate 3PL operations

Monitor global inventory

Increase on-time, in-full order fulfillment

Achieve highest customer service levels

Reduce integration costs

Logistics challenges

Real-time information exchange with 3PLs is needed to achieve high customer service levels

With the need to support customers in many countries, life sciences companies need for real-time integration with third-party logistics providers (3PLs) to achieve high customer service levels. Related challenges include:

Managing finished goods inventory

Real-time exchange of inventory balances and adjustments ensures product availability to meet market demand.

Managing finished goods inventory
Effective order fulfillment

Integrated POs and warehouse shipping orders with real-time shipping confirmations required to ensure high customer service levels.

Effective order fulfillment
3PL onboarding

Efficient and cost-effective onboarding of all 3PLs with real-time data exchange need to ensure consistency in order fulfillment.

3PL onboarding
Supply chain planning

The real-time exchange of POs, stock transfers, shipping orders, and inventory balances improves data for more accurate planning.

Supply chain planning

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    Maintaining in-transit visibility

    Real-time warehouse stock transfers and receipt advices required for visibility of in-transit inventory.

    Globyz Biopharma CEO: TraceLink MINT Helps 3PLs Attract and Retain Customers

     

    Benefits

    How MINT for Logistics improves order fulfillment and customer satisfaction

    Cost-effective network integration

    Free partner onboarding

    Increase visibility and collaboration

    Improve planning

    Achieve high customer service levels

    Rapid deployment

    time and cost reduction

    Product benefits

    Cost-effective network integration

    Our unique pricing model is based on the number of trading partners using MINT and the number of transaction types being exchanged. There are no unpredictable usage fees based on data volumes processed or a percentage of the value of the business transactions. There are no fees for your suppliers to participate which makes it possible to integrate 100% of your 3PLs.

     

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    Product benefits

    Free partner onboarding

    Integration through the TraceLink network is far more cost-effective than EDI or point-to-point integrations and gives you the flexibility to replace underperforming 3PLs.

    Supply chain performance

    Product benefits

    Increase visibility and collaboration

    Real-time data exchange ensures you and your 3PLs have the same visibility to identify demand changes and supply chain disruptions with the collaboration to respond quickly.

    Analytics

    Product benefits

    Improve planning

    Real-time exchange of customer POs, stock transfers, shipping orders, and inventory balances enables more accurate finished goods planning so products ship on-time, in-full with less buffer inventory.

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    Product benefits

    Achieve high customer service levels

    3PLs are onboarded by TraceLink at no cost, including initial system integration, ongoing maintenance and end user training.

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    Product benefits

    Rapid deployment

    The TraceLink Integrate-Once, Interoperate with Everyone™ network approach gets you started in just days or weeks.

    Capabilities

    MINT for Logistics

    Integrate-Once, Interoperate with Everyone™

    All levels of digital communication supported

    Real-Time B2B integration

    Flexible modes of integration

    Monitor global inventory

    Digitalize order fulfillment

    MINT
    • Each company has a single connection to the TraceLink network for each transaction type, eliminating the need for EDI or costly point-to-point integrations and enabling sharing that transaction with all network partners.
    Expert Strategies
    • System-to-System: Business transactions are exchanged between your enterprise systems; and your partners’ systems.
    • System-to-Person: Business transactions are sent from your enterprise system to the TraceLink network and accessed by partners through the MINT user interface.
    • Person-to-Person: You and your partner exchange data through the MINT user interface.
    Analytics
    • Enables real-time, digital exchange of all common business transactions between life sciences companies and all of 3PLs.
    Digital documents
    • Your company and each 3PL uses the integration format that works best for them, including EDI (ANSI X12, EDIFACT), IDocs, EPCIS, XML, CSV, and API. Custom integrations are also supported.
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    • Exchange inventory balances and adjustments with all 3PLs to enable more precise management of finished goods inventory and improve on-time, in-full customer order fulfillment.
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    • Receive and confirm purchase orders through the network with all customers.
    • Exchange and collaborate on purchase order updates online with customers to ensure accurate and on-time order fulfillment.
    • Enable 3PLs to send digital ASNs for all customer shipments.
    • Use digital invoices to streamline order-to-cash process

    Industry Voices

    Transforming 3PL relationships

    Customers and industry experts explain why integration between life sciences companies and 3PLs is critical and how TraceLink can help.

    Customers and industry experts explain why integration between life sciences companies and 3PLs is critical and how TraceLink can help.

    The digitally transformed supply chain is really a situation where we have flows of information between companies, between all partners in the entire supply chain. It's not only about reducing inventory and speeding up lead times. It's also about making better business decisions, especially in a crisis situation, and it will certainly also help us reduce costs.

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    Frank Binder

    Global Head of Supply Chain Management

    Santen Pharmaceuticals

    TraceLink customers can exchange business information with all partners through a single integration in their preferred format without maintaining separate integrations for each customer and partner. TraceLink supports all transaction types and maps via an ever-expanding catalog as customer needs evolve and mature.

    Simon

    Simon Ellis

    Group Vice President and Leader of Global Supply Chain Strategies Practices

    IDC

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