TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, has officially announced the launch of powerful new capabilities for its Orchestration Platform for Universal Solutions (OPUS), each one designed to unlock unprecedented productivity.
According to certain reports, the stated assortment of enhancements arrive bearing an ability to help finance, commercial, and IT teams drastically improve agility and productivity, while simultaneously reducing costs through agentic orchestration of their end-to-end supply chain.
More on the same would reveal that, set to become available in OPUS, Multienterprise Information Network Tower (MINT), Process Orchestration for Empowered Teams (POET), and Serialized Product Intelligence (SPI), these capabilities will conceive innovations tailored to specific operational efficiency challenges, but at the same time, architected to operate as a unified platform.
Before we dig in to the given upgrades, we must discuss the platforms that are set to benefit from TraceLink’s latest effort.
Beginning from OPUS, it effectively empowers business users to design and deploy no-code supply chain solutions that make multienterprise work easier. This involves standardizing processes, automating everyday tasks, and improving overall efficiency.
Next up, we have MINT. MINT is designed to quickly link a company with all of its trading partners through pre-integrated network links. The idea here is to help companies share transactional process data to infuse shared business processes with real-time intelligence.
Moving on to POET, it essentially bestows you with a scalable capability to manage shared peer-to-peer collaboration processes, and at the same time, solve problems quickly with full audit control and managed user rights.
Finally, there is SPI, a platform purpose-built to provide accurate, real-time visibility into serialized product movements, all for the purpose of enabling companies to reconcile inventory faster and turn compliance requirements into a competitive business advantage.
“We were looking for a digital solution [OPUS] to unify our external and internal data to create visibility on a comprehensive basis for the entire supply chain. We found TraceLink to be a great partner with an extremely powerful platform, having huge potential to transform our processes to achieve a unified supply chain system,” said Swami Iyer, CEO of Aurobindo USA, one of the world’s largest generic pharmaceutical manufacturers.
Turning our attention towards how each platform will improve under the new upgrade, OPUS is likely to experience improved solution environment (OSE) authoring and usability. You see, the new enhancements will effectively accelerate the speed and ease for business users to design and deploy automated workflows like order processing, inventory reconciliation, and partner data exchanges.Â
Such a comprehensive assortment of improvements should, on their part, shorten development cycles and allow teams to adapt processes more quickly without heavy IT involvement, thus boosting overall productivity.
Furthermore, the update will optimize speed and scalability of transaction handling within the OPUS platform. This will make it possible for users to process larger volumes of multienterprise data exchanges faster and more reliably.
Beyond that, MINT will enjoy, from here onwards, expanded support with 50 new transaction types that positively influence 15 key business processes across commerce, logistics, and manufacturing. These new entrants will remove manual data entry, reduce errors, and give decision-makers access to clean, reliable data.
MINT will also offer 20+ ready-to-use end-to-end reports and dashboards spanning order-to-cash, procure-to-pay, and inventory management, capable of conceiving fast, actionable insights without the requirement to build them in third-party business intelligence tools.
POET users, on the other hand, can now start update, and track work items directly from email, something which will make exception handling easier and help issues get resolved faster.
Rounding up highlights would be the SPI share of enhancements that involve giving teams complete visibility into product events and inventory status, forming the basis for them to proactively detect anomalies and discrepancies in real time. On top of that, the revamp will also accelerate issue resolution and reduce work associated with keeping accurate inventory counts.
“Supply chains today are under constant pressure from disruptions, regulatory demands, and the complexity of working with many partners—in many cases around the world. OPUS and its solutions are designed to give companies a smarter way to manage that complexity by linking data, automating routine tasks, and surfacing issues before they become costly problems,” said Shabbir Dahod, President and CEO of TraceLink.
