In these times, when e-commerce sites are swooping upon customers with tempting promises of fast and free delivery, large companies need to make sure if their third party logistics partners are EDI savvy.
By moving from a paper-based exchange of business data to Electronic Data Interchange (EDI), manual intervention is minimum, but relationship between business partners improve. Some common business documents that are usually shared by companies are invoices, purchase order, sales order, shipping details, information on inventory, customs, bills etc.
If your business is huge, having EDI makes lot of sense, as business processes can be carried out accurately in a short time, over a secured network. Besides, having a standard data format like EDI, helps to streamline exchange of data smoothly.
Benefits of a robust EDI solution, runs deep and emerges with every amazing breakthrough a company gains. Research has consistently shown that by adopting EDI, companies save 70 times more than its paper-based equivalent. With EDI, a major American company reported a reduction in its order processing costs from $38/order to $1.35/order.
EDI holds essential key to fulfillment process. Hence it is vital that this system is able to read the documents efficiently, and carry out the fulfillment process without running into glitches.
We at MAI, believe in providing our clients with custom-made solutions catering to their unique business requirements.
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