Businesses have to manufacture and distribute their products and services at a reasonable cost and low error margin. Their managers rely on supply chain networks to achieve this goal. But the complex process involves dynamic variables like people, political factors, demand, and resources. Sustaining this activity for the modern age has become a very big...
The era of digitization has seen a tremendous change in almost all the business platforms and especially in supply chain. The shift from heavy paper documentation to the paper-less work is one of the major reasons to accelerate the rate of transaction growth between various business partners and partner systems. The emergence of Electronic Data...
The COVID 19 pandemic has taken the world by a surprising storm. It took some time, but nations are settling down back into a healthy routine. Yes, the lockdowns and quarantine requirements continue. But people and societies are getting back on their feet with renewed vigor and a newly found normalcy. Digital technologies are playing...
The digital footprint enhances the business transformation these days, eases up the communication, and allows a better flow of information and is facilitated by the stunning technological advancement – EDI. The productive and efficient collaboration between the supplier and distributor at all stages removes the unwanted data movements. The perfect and seamless integration of the...
Electronic Data Interchange or EDI is the most advanced way to interchange the data between the business partners. The exchange of data between buyer and supplier, usually consist of purchase orders, invoices, shipping documents, payment receipts, and other related documents. With the advanced facility of EDI, the ease of virtual connectivity between the businesses has...
The Never-Ending Bonding Combining EDI with the supply chain can transform a company’s productivity and visibility. Contemporary global commerce gets driven by their bonding. Trading partners who rely on electronic communication need proper techniques. Electronic Data Interchange (EDI) ensures standardization in this regard, while supply chain automation creates a reliable ecosystem for business productivity. These...
A small shop at the corner of the colony or the big stores offering you everything from pin to electronic gadgets, the retail industry has changed a lot. With the customer-centric approach and better services, many retail stores are experiencing the real boom in their business. With the advent of the e-commerce, and linkage to...
Small companies operate a tight ship due to various limitations. Their budget, workforce, cash flows, and client base are some of the constraints to consider. Also, they struggle with taxation policies, government regulations, and compliance rules. Moreover, their profits and productivity depend on the quality of the supply chain. Unfortunately, small company managers encounter many...
With globalization, the export and import of goods and services have grown tremendously. To cater to the demands of the global market smoothly, the requirement for a well-structured and sophisticated communication and supply chain channel is required. To answer this need, we have the EDI logistics strategy. To improve the overall efficiency channel, and increase...
With the footprints traced to decades back, Electronic Data Interchange is one of the swiftest and simplest modes of data transfer. The ease of communicating online and sharing the details with the various stakeholders in real-time, EDI has proven to be one of the tools to benefit all the business sizes. With years of successful...
