CONNECTING BUSINESS PARTNERS
EDI is a solution that can be implemented in any type of business. However, it is gaining the greatest popularity among retail and manufacturing companies as the exchange of information with their partners, vendors and customers is critical for their business. Such companies usually use EDI within their supply chains (automated ordering) or retail chains (communicating prices). By defining EDI as a communication method, such companies can receive information they need faster and substantially reduce their response times. Orders, invoices, credit memos, price lists etc. sent in the same format are no longer reasons for delays and errors. Data is no longer entered multiple times.
The EDI technology increases process efficiency and eliminates risks in document exchanges. The use of a standard format, enables easier transaction tracking and error detection. This results in reduced costs and order lead times.
By implementing EDI, companies improve the availability of logistic information, enhance their data repositories by collecting more specific data, and eliminate data inconsistencies and duplicates. As a result, they can reduce the time consumption of communication processes.
Implementing the solutions means developing an interface which will connect the IT systems involved. Files in the format required for EDI can be sent using any medium that is used by all stakeholders. They can be transmitted using a modem with FTP and HTTP.