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...
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...
Electronic Data Interchange was not born yesterday. It has been around for decades, and in spite of several developments and revolutions, EDI has remained a pillar in the realm of B2B communications and collaborations. And as new technologies develop, it is critical to reevaluate the role of electronic data interchange in the supply chain. Let's take a look at how EDI is changing the B2B landscape, along with some EDI trends for 2020 and beyond.
