Aperity, Inc. launched its revolutionary Beverage Data Exchange, the industry’s first open community-centric data solution that helps facilitate business insights between supply chain partners.
“We hear constantly from beverage companies and their supply chain partners that they are fed up with the industry norm of inflexible one-size-fits-all black box products. They are tired of being beholden to closed platforms for their data and are increasingly concerned about their data quality and data governance, especially in terms of visibility, accuracy, speed and transparency,” says John Madalon, Aperity founder and CEO. “The entire beverage ecosystem is looking for an alternative solution and we believe it is time for a fundamental shift in how business is done. Our resulting Beverage Data Exchange truly changes the landscape with an open, inclusive platform and marketplace that puts our clients back in control, allowing them to see and touch their data at every step of the process.”
The Beverage Data Exchange and its three core products - Data Integrator, Data Manager and Data Analyzer - makes it easier to share, consume and control your own data. With a pre-built platform of over 1,000 connectors already in place, including suppliers, distributors, retailers and partners, along with a library of 600 types of data transformations, including machine learning algorithms to cleanse and harmonize data, Aperity’s Beverage Data Exchange gives supply chain partners an entirely new way to interact and communicate while improving data governance.
The five core tenets of the Beverage Data Exchange include:
1. Data is owned by Data Exchange members
2. Members decide what data can be shared
3. Members have full data visibility and traceability
4. Members have flexibility to add new supply chain partners
5. Members deserve to receive accurate data in a timely manner
Key member benefits include proven data accuracy, full data visibility and transparency and enhanced ability to collaborate up and down the supply chain. Members also benefit from the platform’s flexibility including the ease of sharing data among channel partners, the ease of integrating new data and adding new sources, and the ease configuring to an existing network.