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Everyone has supply chain data, but not everyone has the right type of data or the right quality of data, for the purpose they want. In an increasingly digitized world, the data availability and quality, are somewhat improving, but the complexity to extract the right set of data has increased.
In a previously unheard move, more and more companies are answering the supply chain crisis by building up their own logistics capabilities which might fuel the need for modern supply chain software products.
The ubiquitous business models of e-commerce platforms in the business-to-consumer sector are increasingly being transferred to the business-to-business sector. In the emerging platform economy, an increasing shift to industry platforms in the freight logistics sector can be observed. These business-to-business industry platforms represent a revolutionary paradigm shift, as they offer logistics service providers the opportunity to organise themselves in business networks and carry out data transactions in the supply more efficient and with high transparency.New business relationships are being created and business processes are changing in terms of transport planning and control as well as the provision of information from production to consumption. Decisive here is the use of blockchain technology, which ensures transparency, traceability and security of data transactions between the companies involved.