Technicolor's Kevin Sullivan Describes How Globalization, Complexity, and Ecommerce Spur New Business Models in Supply Chain and Logistics
"Supply chains are increasingly multinational. It is not uncommon for products to be manufactured in Asia, assembled in Mexico and distributed in the United States," says Sullivan. "When you imagine the supply chains involved in managing all of that product moving across the globe, it is quite complex and growing more so."
Add in the continued rise of ecommerce -- with companies like Amazon reshaping both traditional business-to-
Third-party logistics (3PL) and supply chain management services are evolving to help companies better navigate these market forces. According to Sullivan, effective management of dynamic and complex information is core to delivering an effective 3PL service. This typically includes the integration of next-generation technology solutions that normalize, aggregate and analyze data across multiple systems using relatively simple application program interfaces (API).
"In the old world, EDI or electronic data interchange, was the de facto standard. It works but takes a long time to set up. Now, more modern software is using API interfaces which are a lot more flexible a lot more dynamic," explains Sullivan.
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