Enterprises Build Digital Foundation for Supply Chain
Innovation with OpenText
WATERLOO, Ontario, May 14, 2019 /PRNewswire/ -- OpenText™
(NASDAQ: OTEX), (TSX: OTEX), a global leader in Enterprise
Information Management (EIM), will highlight advanced capabilities
of OpenText™ Trading Grid™, the world's leading cloud-based
supply chain integration platform, and other OpenText Business
Network solutions at Gartner Supply Chain Executive Conference,
May 13-16 in Phoenix, Ariz. OpenText will also introduce
the latest release of OpenText Trading Grid Analytics, featuring
new predictive capabilities for supply chain optimization, and
supply chain data integration enhancements with the acquisition of
Liaison Technologies.
"Supply chains are mission critical to any organization buying
or selling goods, but they are increasingly global and complex in
nature," said OpenText SVP & CMO Patricia Nagle. "We are
helping companies build flexible supply chain ecosystems that
digitize and automate many common supply chain tasks, in turn
delivering agility and responsiveness to rapidly changing customer
and market demands. Enterprises around the world choose OpenText
solutions and expertise to transition supply chains from a cost of
doing business to a strategic advantage—a source of differentiated
customer service and accelerated business growth."
New Predictive Analytics Offer Insight into Supply Chain
Performance
New capabilities in Trading Grid Analytics, the OpenText
solution for advanced supply chain analytics, empower business
leaders with insights to identify underperforming trading partners
and sources of risk in the supply chain which could lead to
production and fulfillment delays. With control tower-like
capabilities and new predictive metrics, supply chain managers may
have real-time access to information required to take action on
unforeseen disruptions before these disruptions cause broader
business impact. Trading Grid Analytics provides insights into both
buy and sell side processes in a single platform. The solution also
enables data to be shared across a trading partner community for
improved collaboration.
Simplified Integration Capabilities Bridge Digital
Divide
OpenText Trading Grid provides enterprises with a flexible,
configurable digital backbone which enables them to optimize supply
chain processes across the entire trading community, not just with
larger partners. Trading Grid digital onboarding innovations make
it easier for trading partners to connect via self-service trading
partner set-up, automated partner provisioning and simple file
sharing. A new application, Core for Trading
Grid, expands trading partner digitization to smaller
suppliers previously challenged to implement advanced integration
solutions. Suppliers accomplish this in Trading Grid via an
intuitive, drag-and-drop interface for file exchange. Trading Grid
picks up, translates and delivers the files directly into backend
systems as if trading with a larger supplier via EDI. The
acquisition and integration of Liaison Technologies into OpenText
accelerates any-to-any data integration across the supply chain and
between back-end systems with intelligent mapping and data
transformation.
SaaS Solutions Make it Easy to Collaborate across Supply
Chain Ecosystems
Agile enterprises require real-time collaboration on supply
chain business processes with vendors and customers. Trading Grid
offers a suite of SaaS solutions, Active Applications, to
streamline and accelerate order management, electronic invoicing,
community management and retail deductions management, among other
processes. Innovations in Trading Grid Active Applications provide
access to broader global e-invoicing compliance, mobile order
management, and improved exception management to focus on mission
critical issues. OpenText Lens provides shared visibility into
multi-enterprise data flows for improved collaboration and issue
resolution.
Engage with OpenText at Gartner Supply Chain Executive
Conference
Conference attendees can access demos and further information about
OpenText supply chain solutions at booth 625 at the Gartner Supply
Chain Executive Conference exhibit.
About OpenText
OpenText, The Information Company™,
enables organizations to gain insight through market
leading information management solutions, on premises or
in the cloud. For more information about OpenText (NASDAQ: OTEX,
TSX: OTEX) visit opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on
OpenText's current expectations, estimates, forecasts and
projections about the operating environment, economies and markets
in which the company operates. These statements are subject to
important assumptions, risks and uncertainties that are difficult
to predict, and the actual outcome may be materially different.
OpenText's assumptions, although considered reasonable by the
company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ
materially from the expectations set out herein. For additional
information with respect to risks and other factors which could
occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and other securities filings with the SEC and other
securities regulators. Unless otherwise required by applicable
securities laws, OpenText disclaims any intention or obligations to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Copyright © 2019 Open Text. All rights reserved. OpenText is a
trademark or registered trademark of Open Text. The list of
trademarks is not exhaustive of other trademarks. Registered
trademarks, product names, company names, brands and service names
mentioned herein are property of Open Text or other respective
owners.
OTEX-G
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SOURCE Open Text Corporation