Tewksbury, MA May 21, 2002 Yantra, a provider of solutions for distributed inventory and order management, this week delivered a business process platform for coordinating multi-enterprise supply chains.
The provider said that Yantra Platform, already deployed at 30 customers, allows large companies to model, configure and manage processes over an extended supply chain. The platform lets companies complement their existing enterprise resource planning (ERP), supply chain management (SCM) and customer relationship management (CRM) systems while extending complex business processes across disparate systems and external trading partners.
Companies looking for the next step-change in productivity and responsiveness are targeting cross-division and cross-enterprise business processes for improvement, Yantra said, and the key to doing this is linking and synchronizing discrete order and inventory processes such as channel management; supply and demand collaboration; order fulfillment; procurement and delivery across multiple divisions and trading partners.
Traditional supply chain management (SCM) and enterprise resource planning (ERP) solutions have been architected as the internal "system of record" to centralize data and processes, limiting coordination of business processes outside the enterprise, the provider asserts. But Yantra said its platform combines the necessary technical architecture with business process and event management capabilities to provide the infrastructure for a scalable "system of process" that can coordinate and manage orders and inventory across complex, multi-enterprise supply chains.
The technological and functional pillars required for inter and intra-enterprise business strategies include business process management (comprised of business process modeling, event management and relationship modeling), a multi-enterprise data model (with a many-to-many transaction data model, a common analytics and business performance data model, and a shared participant data model) and a service-oriented architecture that is "Net native" and based on open standards, native XML APIs and Web services.