August 12, 2016
One Network Enterprises (ONE), the global provider of a secure, and scalable multi-party network in the cloud, announced that the latest version of its Real Time Value Network™ (RTVN) is now live with more than 50,000 partners across six continents, including two of the top five global automotive OEMs, three out of the top five U.S. grocery retailers, and the Department of Defense.
This latest release continues to deliver on the company’s vision to enable customer-driven business networks by adding innovative capabilities that orchestrate optimized execution across multiple parties in real-time and fostering an ecosystem of development partners.
Real Time Value Network version 16.0 provides improved real-time supply chain visibility with always-on predictive monitoring.
This feature goes beyond traditional monitoring to anticipate the impact of detected deviations and enable proactive resolutions.
It includes the industry’s first Directional P&L, which provides predictive insights about financial performance built directly from up-to-date forward-looking execution.
Equally important are new command and control monitoring features for executive roles, and improved inventory visibility across tiers and parties with alerts for missed milestones.
Unique among multi-party networks is RTVN’s enhanced ability to connect to streaming data from IoT sensors – also using predictive monitoring.
James Cooke, principal analyst at Nucleus Research commented, “Most supply chain networks use unidirectional, point-to-point approaches where the data is centralized and one node is connected to another. What’s unique about One Network’s Real Time Value Network is that it offers a true federated platform that’s both dynamic and bi-directional to support the operation of a real-time demand-driven supply chain.”
He added, “This latest version of RTVN enhances multi-party data management, and offers social business capabilities to support collaboration by multiple supply chain partners on problem solving. In addition, it empowers the developer ecosystem, while creating a more intuitive user experience.”
Additional key features of The Real Time Value Network include:
“One Network’s Real Time Value Network 16.0 is the only cloud-based network capable of managing end-to-end, multi-party networks, including the entire supply chain from customers and retailers to raw material suppliers,” commented Greg Brady, CEO of One Network.
“We are always innovating and as a result, we are able to provide more than 50,000 partners with ‘industry first’ capabilities, such as Directional P&L, predictive monitoring and sensing, simultaneous optimization of replenishment and transportation, multi-party master data management services and SDK for partners to develop fit-for-purpose supported applications.”