Logistics technology startup Chain.io has released a software platform that allows shippers and logistics service providers (LSPs) to share data from many sources over a single pOréal, the company said Monday.
Philadelphia-based Chain.io said its cloud-based "Chain.io Platform" supports supply chain integration by using open application programming interfaces (APIs), a collaborative data model, and a pay-for-what-you-use pricing structure.
That approach allows clients to develop a one-time connection to the platform and instantly be connected to other partners in the supply chain, as opposed to building a number of one-on-one software integrations with each partner in turn, the company said.
"Connectivity began with a bi-directional, costly, [electronic data interchange] integration between only two trading partners. Each new partner came with the same costly, bi-directional connectivity," company CEO Brian Glick said in a statement. "Today, we reduce the development time and expense by allowing a company to create a single connection to Chain.io. From here, any other company can do the same, allowing for a nexus of interconnected parties as the platform continues to grow and add users."