Flexibility within a Value Chain is essential. Increasing global competition, accelerating technological change and expanding customer expectation are creating a turbulent environment. Today organisations source supplies and products from around the world and the need for flexibility as they choose the appropriate supplier are essential. Flexibility enables organisations to cope with change in a timely manner. By adopting an API lead approach an organisation optimises flexibility allowing it to adapt…Read More
The Value Chain and Your Data
APIs add value to a business. They facilitate exposing the value in one organisations data to be re-used in another organisations applications to benefit the Value Chain. An API is a powerful connection between a wide variety of business assets; systems, partners, suppliers, and customers. By creating re-usable APIs, organisations take advantage of the API economy. To benefit from this economy, you must implement a platform that can develop, organise,…Read More
Chaos or Calm in the Value Chain?
Having determined that APIs play a major role in your organisations Value Chain it is important that a structure is put in place that can fully manage this strategy. APIs need to be managed; versioned and secured. If you want to meet the demands of your organisation. You will want to make sure that duplication of effort is avoided by being able to search available APIs. You will probably want…Read More
Payment Service Directive (PSD2) and what it means for retailers
The revised Payment Services Directive ( PSD2 ) was adopted by the European parliament in the final quarter of last year. Yet many retailers remain unclear about what it actually means for them or for their businesses. Let’s take a look at what changes it will make, why they’re important and how developing strong API’s will be key to implementing this new directive. Background The idea of the original Payments Services…Read More