Enabling and governing the exchange of information and value between participants in digitalising supply chains is a universal challenge that prevents the efficient flows of materials and money across supply chains. The development of an advanced data governance system in the mould of open banking (or equivalent) could foster a more collaborative supply chain.
Given the growing data and value flows across the Digital Supply Chain Hub ecosystem, there is a need to develop a data governance framework mechanism to build trust among participants. This will help ensure that their interests are maintained when sharing information with other participants in the ecosystem.
This challenge will provide two core capabilities:
Once developed, the solution will be explored as a complement to other collaboration technology tools that we are developing across the Digital Supply Chain Hub ecosystem.
Digital Supply Chain Hub ecosystem participants will collaborate in the consensus making process through sharing the rules they have developed that govern their existing collaborations. They will then provide simple integrations into their solutions for the monitoring of performance of these rules. However, they will not share the actual data in their systems and the information flows will happen within their own technology infrastructures and outside of the data governance tool.