Breaking News: Check out the details at MSDynamicsWorld.com or vSync. This move marks a shift in viewing EDI as not just a point solution but an integrated component of dynamic, agile, supply chain management. Stay tuned for more details but overall, an innovative and strategic approach for mid-market companies. 3PLs and Transportation companies will benefit soon too…
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Many factors come into play when your business partner requests you become EDI capable. EDI can provide a clear insight into a company’s supply chain operations providing them with better accuracy in ordering and receiving your goods.
One of the many challenges that your business partner faces is having a large number (sometimes hundreds) of vendors communicating business transactions with them. On average a big box retailer receives hundreds of transactions a day. Can you imagine if all those transactions were done via mail, fax or email? Your customer would never be able to efficiently run their supply chain operations, and the manual processing required would cost them millions in lost opportunities, waste and revenue. This would also create opportunity loss and negatively impact cash flow for your business. By utilizing EDI your invoices are sent electronically and imported into your partner’s financial system in minutes verses days or weeks, speeding up the payment process and helping you get paid faster.
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Your EDI solution may have been the perfect choice for your company 18 months ago – but we all know how quickly business conditions change. The number one reason customer’s choose vSync EDI and Shipping solutions is because their business climate has changed.
Download our free assessment tool to find out how your existing EDI solution stacks up
What should EDI be doing for you? Using this guide, you should be able to easily evaluate the impact your current EDI system is having (or could be having) on your operations and growth. In addition, you’ll be able to identify ways in which a new EDI system would provide you with increased capacity, streamlined operations, fewer charge-backs and the ability to accommodate your changing business requirements into the foreseeable future.
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