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Life sciences companies are increasingly outsourcing manufacturing to access specialized production capabilities and reduce costs. But a lack of real-time collaboration with contract manufacturing organizations (CMOs) has created a new set of challenges for external manufacturing and supply chain leaders.
Multienterprise Information Network Tower (MINT) for External Manufacturing uses the proven TraceLink network and its powerful Integrate-Once, Interoperate with Everyone™ capability to enable integration with 100% of your CMOs 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 external manufacturing, including forecasts, purchase orders, PO acknowledgements, advance ship notices, and inventory balances, to provide up-to-date information and improve collaboration. Read our new MINT for External Manufacturing solution brief to learn more!
Some of the key benefits of MINT for External Manufacturing include:
- Share Forecast Planning Schedules: Improves alignment with CMOs on products, quantities, due dates, order frequency, and lead times to lock in production capacity and ensure product supply.
- Increase Visibility and Collaboration: Real-time data exchange ensures you and your CMOs are aligned on goals and can quickly respond to demand changes and supply chain disruptions.
- Improve Planning: Real-time purchase order confirmations, inventory balances, and shipment updates from your CMOs ensures supply plans are more accurate and 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 contract manufacturers. Read the solution brief and then schedule a meeting with TraceLink to get started today.
