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For life sciences manufacturers, real-time integration with third-party logistics providers (3PLs) is critical to on-time, in-full order fulfillment. With the need to support customers in 150+ countries, life sciences supply chain leaders are challenged by the high cost to integrate with so many regional 3PLs, forcing hard decisions about which can be fully integrated, and leading to substandard fulfillment and reduced customer satisfaction.
Multienterprise Information Network Tower (MINT) for Logistics uses the proven TraceLink network and its powerful Integrate-Once, Interoperate with Everyone™ capability to enable 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. Read our new MINT for Logistics solution brief to learn more!
Some of the key benefits of MINT for Logistics include:
- Monitor Global Inventory: Exchanging inventory balances and adjustments with all 3PLs enables more precise management of finished goods inventory and improves on-time, in-full customer order fulfillment.
- 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.
- 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.
Achieve real-time supply chain intelligence through cost-effective B2B network integration with 100% of your 3PLs. Read the solution brief and then schedule a meeting with TraceLink to get started today.
