3 reports retailers need

A real benefit that’s often forgotten when it comes to electronic data interchange (EDI) is improved reporting. We all know that EDI reduces the amount of data entry errors, but not as many people leverage that data for reporting. EDI allows you to get accurate insights to make informed, data-driven business decisions. From tracking the [...]

Two-, three- and four-way matching: Made easier with EDI

Paying invoices can be a time-consuming task, especially for retailers who pay tens of thousands of invoices a month. Before payments are made, they need to check the goods have been received and the price and quantities on the invoice are accurate. The last thing they want is to be paying for things they shouldn’t [...]

Why are retailers moving to drop shipping and EDI?

Increased pressure for high margins has made more retailers look to alternative business models. One of these is drop-shipping. Retailers are moving away from just physical stores and warehouses to drop shipping. This is often coupled with e-commerce stores. As retailers adopt drop-shipping, they’re also starting to look at ways to make fulfilment fast and [...]

Portal to integration: Why switch?

Suppliers have two main ways to comply with their retailers’ EDI requirements: EDI webforms (web portal-based EDI) or integrated EDI. Portal or web-based EDI is often the go-to choice for suppliers just starting out. EDI web portals They’re usually easy to setup and simply use a web browser to send messages to your retailers. The [...]
Things to know about STP

Key to onboarding: Message Compliance Testing (MCT)

Onboarding your suppliers to EDI is an exciting time, but it can be challenging, particularly when it comes to EDI message testing. If you’ve undertaken an onboarding exercise before, you’ll know that suppliers rarely get it right the first time around. Testing EDI messages often involves lots of effort from your team to process messages [...]

The benefits of EDI: an infographic

Electronic data interchange, or EDI, is widely adopted around the world by companies looking to gain efficiencies, visibility and cost savings. But if you’re new to the concept, it can seem overwhelming. Simply put, EDI (electronic data interchange) is the exchange of business information directly between business software. Think of a purchase order being created [...]

EDI for suppliers: What option is best for my business?

Picking up a new retail client can be such an exciting time. But some of their requirements can seem daunting when you’re facing them for the first time. One of the things retailers often ask is for their suppliers to trade with them via electronic data interchange, or EDI. What is EDI? EDI is the [...]

Costs of manual vs EDI procurement: A comparison

Placing orders Think of a company that issues thousands of purchase orders a month. They’ll likely receive at least one invoice for every purchase order issued. Let’s look at the process for this simple scenario: Buyer manually enters the purchase order in their software Buyer sends order to supplier via email Supplier manually enters the [...]

EDI more than just automating your supply chain.

Looking for ways to improve processes is critical to any business, particularly in the areas of efficiency and cost reduction. Electronic Data Interchange (EDI) allows the exchange of business information directly between the software of your business and your customers and suppliers. It automates unnecessary manual processes while streamlining supply chain transactions. Companies commonly implement [...]

What to look for in a supplier portal

In the past decade, the retail landscape has seen major changes because of increased competition, new business models emerging, a more integrated supply chain and the increase of online retailing. As the industry continues to evolve, more businesses are getting on board with EDI and realising community enablement is an important factor that needs to [...]