Tolling operations, where manufacturers outsource production to third-party toll processors, are essential for scaling manufacturing
processes. However, these operations often face challenges due to manual workflows, lack of real-time visibility, and limited collaboration. Traditional supplier portals and ERP systems used by manufacturers have been in place for years but often fall short in addressing the complexities of multi-party collaboration and supply chain transparency.
#dltledgers’ tolling platform offers a solution that augments existing systems, addressing their limitations by providing enhanced collaboration tools, real-time visibility, and automated workflows while ensuring seamless integration with ERP systems.
Manufacturers struggle to gain a unified view of material flows, production statuses, and inventory levels across multiple tollers, leading to inefficiencies and waste.
Spreadsheet-based tracking and phone or email communication create bottlenecks, causing delays and increasing errors.
Poor communication between manufacturers and tollers hampers synchronization, resulting in bottlenecks and misaligned production schedules.
Ensuring regulatory compliance for manufacturing and maintaining auditable records is challenging with manual and disconnected systems.
The #dltledgers platform is designed to augment the capabilities of existing supplier portals and ERP systems by addressing critical gaps.
The key features include:
Real-time tracking of material flows, production progress, and packing material consumption across all tolling partners. This enhances multi-tier supply chain visibility and helps optimize operations.
Key processes such as material reconciliation, delivery schedules, and approvals are automated using Multi-party collaboration based smart contracts, reducing manual intervention and errors.
The platform facilitates secure, real-time data sharing among all parties, ensuring that manufacturers, tollers, and other stakeholders are always aligned.
Multi-party collaboration technology ensures tamper-proof records and automatic compliance checks, providing auditable data trails for regulatory purposes.
Seamless integration with ERP and supplier portals enables manufacturers to enhance their current landscape rather than replace it.
Automated workflows and multi-party orchestration eliminate manual bottlenecks, reducing processing time by up to 40%.
Optimized material usage and error reduction lead to 12-15% cost savings, supporting digital financing strategies to improve cash flow.
Real-time visibility prevents overstocking or shortages, reducing wastage and improving sustainability metrics.
Automatic compliance management reduces regulatory risks and ensures alignment with global standards.
The platform supports sustainability data exchange, enabling companies to align with their circular economy goals.
A leading industrial manufacturer partnered with #dltledgers to overcome the inefficiencies of manual tolling operations. By implementing the platform as an augmenting solution, the company achieved:
Automated material tracking and document exchanges significantly reduced manual data entry.
Real-time collaboration and optimized processes improved material recovery rates, reducing waste.
Multi-party collaboration based tamper-proof records ensured seamless regulatory adherence across geographies.
#dltledgers’ tolling platform empowers manufacturers by addressing the critical gaps in traditional systems. By offering multi-party orchestration, shared data collaboration, and enhanced multi-tier visibility, the platform transforms tolling operations while supporting sustainability goals and compliance requirements.
Rather than replacing existing supplier portals or ERP systems, #dltledgers augments the current landscape, enabling manufacturers to transition seamlessly to more efficient, sustainable, and transparent tolling processes. This approach not only future-proofs operations but also supports the broader transition to a circular economy and sustainable growth in an increasingly competitive market.
Ready to take your sustainability efforts to the next level? Contact our experts at #dltledgers to learn how our Proteus platform can help your business achieve its sustainability goals. Together, let’s build a more sustainable future.
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