Cross-Industry Trade Digitalization
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A cross-business trade solution that digitizes communication and streamlines business processes through order data integration between SAP ERP and a blockchain-based trade platform, incubated and/or funded by SAP.iO.
Strengths
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Efficiency
Streamlines cross-industry trade processes
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Cost savings
Reduces manual labor and paperwork costs
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Increased transparency
Provides real-time visibility into trade transactions
Weaknesses
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Adoption
Requires buy-in and adoption from multiple industries
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Data security
May face challenges in securing sensitive trade data
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Integration
May require integration with existing trade systems
Opportunities
- Growing demand for cross-industry trade digitalization solutions
- Increasing globalization and need for efficient cross-border trade
- Opportunities for partnerships with industry associations and trade organizations
Threats
- Competition from established trade platforms and emerging startups
- Potential regulatory challenges in different industries and countries
- Risks of cyber attacks and data breaches
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Cross-Industry Trade Digitalization Plan
Cross-Industry Trade Digitalization offers a tiered pricing strategy with three versions, ranging from $10,000 to $50,000 per year, based on the level of customization and support.
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