TraceLink , the largest end-to-end digital network platform for intelligent supply chain orchestration in life sciences and healthcare, announced the launch on Magnum of its flagship platform, Opus, the only no-code network digitization platform designed to democratize access to end-to-end supply chain integration and orchestration. This significant milestone represents an evolution of over four years of intensive development work on the Opus platform and propels the supply chain management function to new levels of innovation and efficiency.
With its redesigned user experience, code-free workflow configuration, drag-and-drop editing for multi-company solution experiences, catalog of pre-built enterprise system integrations, and integrated end-to-end supply chain process dashboards and reporting, the Magnum release of Opus enables supply chain leaders to achieve radical business benefits. These benefits range from reducing shortages, inventory levels, and operational costs to improving service levels and enabling faster product launches, entering new markets, and creating new commerce channels. Through this shared value proposition for customers and trading partners, Opus will set the new standard for supply chain management capabilities to power process orchestration while fueling customers’ long-term AI and machine learning strategies with the real-time data needed to succeed.
“We have closely followed the development of the Opus platform and its evolution to meet the dynamic needs of modern supply chains,” said Alessandro De Luca , IT Director at Merck KGaA. “I am honored to be a keynote speaker at TraceLink’s FutureLink Barcelona conference this October, where I will share more about Merck’s own supply chain digitalization journey and how new capabilities like those offered by Opus could help the broader industry better serve customers and patients with the right product at the right time across the E2E supply network. It is a truly exciting time for all of us invested in supply chain digital transformation.”
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Today’s supply chains face numerous challenges, including inaccurate demand forecasting, ineffective inventory management, late deliveries, and the inability to maintain real-time visibility into the production of high-quality, reliable supplies. Complexity is compounded by fragmented business systems, strict compliance requirements, long lead times, and the complexities of navigating evolving trade channels. The Magnum version of TraceLink’s Opus offers a revolutionary approach to not only addressing these challenges, but to redefining and improving end-to-end supply chain management. This transformative release introduces key features and benefits, including:
- Opus Solution Environment (OSE) – Introduces an innovative no-code design environment for complex business transactions, enabling users to configure multi-enterprise supply chain solution experiences and workflows by business analysts who do not possess deep technical expertise.
- Universal Integration Platform : Opus is the only platform that offers a single integration model that allows each company to choose its own integration formats and remain interoperable with 100% of trading partners, who also choose their own integration formats, thus enabling democratized access to low-cost integration.
- Seamless Process Orchestration with MINT: Opus’ first solution to leverage all of its unique capabilities, the Multienterprise Information Network Tower (MINT) enables universal integration of over 50 different transaction types with trading partners to orchestrate processes in logistics, off-site manufacturing, retail, clinical supply chain, and more.
- Integrated Supply Chain Reporting and Dashboards – Provides users with a complete view of end-to-end transactions and processes in a single platform, offering full visibility or orchestration performance with all integrated external partners.
- Amadeus AI Copilot – Provides a new generative AI capability designed to augment business users’ efforts to accelerate the digitalization of supply networks on the Opus platform by leveraging a broad set of information from a unified content repository.
- Enhanced Supply Chain Optimization – Enables businesses to reduce out-of-stocks, optimize inventory, and eliminate supply failures through Opus Magnum’s advanced capabilities.
“The launch of Opus on Magnum marks a new era for TraceLink as we redefine what’s possible in supply chain digitization,” said Shabbir Dahod , President and CEO of TraceLink. “This launch is not just a milestone; it is the culmination of years of dedicated development and strategic foresight, anticipating the future needs of all segments of the supply chain and creating a single platform that rapidly evolves for the unique requirements of platform users. With Opus, our vision of democratizing access to multi-enterprise supply chain integration orchestration is now a reality.”
SOURCE: PRNewswire