The world has seen a large-scale digital transformation in recent years. While many different sectors have moved on with the times, others have lagged far behind. This is especially true when it comes to the supply and logistics sector. It is ironic how the areas that depend on and make use of data the most are unable to manage, access and distribute the data effectively.
Data complexity is a major issue in logistics and supply chain management. The sheer volume of data can be overwhelming. Whether dealing with stocks, bills, accounts or inventories, businesses often have no idea how to efficiently handle their data. This can be a major problem as data or information means everything nowadays. Instead, the data is stored up and almost impossible to access.
On the other hand, data complexity is actually a double-edged sword. The data can and should be used to the business’s advantage. Integration can change businesses and their customers can interact with each other using this data. This is where the API-led approach provides real-time, two-way connectivity, accessibility, and communication. This in turn, can revolutionize the world of logistics which depends wholly on reliable and intuitive data.
What is API-Led Connectivity?
The API-led connectivity approach defines an operating model that can help businesses systematically arrange their assets. It is an organized way of linking data with applications through multipurpose APIs. The approach allows and encourages decentralizing access to data. This can lower the dependence and workload of the IT department.