TradeLens believes that with the right trusted technology and the implementation of industry-wide data standards, an alternative solution to today’s visibility challenges can provide transparency and restore confidence in reliable information.
Understanding the accuracy of the data received allows companies to have better conversations with their business partners about the quality of their input.
When thinking about the presence of data in your supply chain, and how to make it more complete or less costly, there are five questions you should ask about your data.
In this time of unprecedented challenge, many organizations are trying to figure out how to survive. It’s no surprise that like any difficult situation there are valuable lessons to be learned. One lesson of the past few months is that disruption has few boundaries and when the unforeseen hits, our supply chains are vulnerable. Today’s global supply chains are complex combinations of manufacturers, transportation and government regulation.
Ports and terminals are the gateway for trade. A port that is resourceful can handle cargo more efficiently, impacting the overall progression and growth of businesses and industries. But, beyond the investments in tangible assets, there is a key aspect that can be taken advantage of, the access to complete data at the right time.
For both better and worse, TradeLens has been among the very first adopters of APIs for the shipping industry. It’s meant that we’ve been though our share of trial and error while iterating our designs. But, now, a couple of years in, our APIs have largely stabilized. So it’s a good time to reflect on and share some of what we’ve learned.
Openness is everything today. It’s the mantra behind what we’re doing at TradeLens, and it’s how we are blazing the way into bringing blockchain to transportation.