In the future, the best companies won't be competing company to company but value chain to value chain. They'll plan and act not as single organizations, unconnected from one another, but as inter-connected, highly intelligent and agile business networks that operate far more efficiently and respond far more quickly than the companies we know today. These companies will be the winners in their markets. And they'll do it on the strength of their information systems. On their business software systems.
But the business software systems companies have been buying for the past thirty-five years were designed to do, essentially, one thing: automate the processes within a single enterprise. They weren't designed to automate the processes that occur between companies, across constellations of companies working together as global trading and service communities. Supply chain is defined by its focus on inter-company collaboration and information sharing. It's all about coordinating with partners to streamline operations and smooth transactions between partners. And traditional business software won't scale to meet the demands of multi-enterprise collaboration. For even the most fortified and IT capable companies today, the prospect of stitching together the data integrations and partner systems to automate the hundreds of supply chain processes that occur daily across partner networks, on a global scale, is simply not tenable. Not with traditional "big" software systems designed for the single enterprise.
Cloud can change all that. The superior economics of cloud computing are now abundantly clear. Virtually every "traditional" software company is racing to deliver "cloud" versions of their "on premise" software to meet exploding customer demand for better IT economics, faster path to value, without the headaches and risk that have come with traditional software deployments. Cloud is no longer fringe. It's proven. And it's big.
But when it comes to supply chain, Cloud provides much more than just "good IT economics." In supply chain, where the focus is on inter-company collaboration and information sharing, Cloud enables entirely new information sharing models. Information models that simply were not possible "on the ground" using traditional business software.
At GT Nexus, we built a company around a simple but very powerful idea: put a single cloud-based collaboration platform at the center of a huge but enormously inefficient industry — global trade and logistics — and give companies a rapid, low-cost way to enable hundreds of inter-company supply chain processes on a global scale, across entire trading communities, to drive new levels of operational efficiency and business agility. The supply chain is not a chain — it's a network. And business networks must be flexible.
We provide the industry-wide collaboration platform that leaders from nearly every sector rely on to automate trade and logistics operations across their global partner networks. For these companies and their trading partners, GT Nexus is where global trade happens.
More than a technology platform for an industry, GT Nexus is a community of logistics service providers, carriers, trading partners and banks who are integrated to and operating on GT Nexus to improve the pace and ease and flexibility of doing business globally.
All of it is enabled "in the cloud." Every company connects once. Is on GT Nexus just once. That's the power of the network.
It's a totally different approach. A system built for business networks. It's breakthrough. It could not have happened without Cloud. And it's proven and in-place today. It's changing the way global trade gets done.
The On-Demand Data Network: Leveraging Network Effects to Obtain High-Quality Supply Chain Data
"The tools and services provided by GT Nexus have helped our partners be more compliant with our import documentation needs. At the same time, we have been able to improve our supplier performance through better communication and documentation management."
Bob Tway
Senior Director of Supply Chain
Cost Plus World Market