Blog provided by ACT Data Services, Inc. 1-800-ACT-DATA
EDI has become commonplace in retail and e-commerce because of the edge it gives businesses. In retail, you cannot stay competitive without an efficient supply chain, and EDI was designed to streamline supply chains and reduce human error. EDI, or electronic data interchange, uses EDI software to seamlessly transmit information between trading partners. Important data such as inventory records, package arrivals, and payment documents are automatically translated into a form compatible with your business partners’ data entry systems.
In a heavily competitive field such as retail, no business can afford to fall behind its competitors. Using EDI software will help level the playing field by reducing time, resources, and personnel needed to file away important documents. The software will ensure that you are always up-to-date with your orders so that you can spend more of your time on other important aspects of your business.
If you run a steadily growing business with a need for scalable options, you can even find cloud-based EDI systems such as ACT Data’s Connectpointz, which allows you to add hundreds of vendors if you collaborate with many businesses. It can be difficult to track all of your trading partners with EDI solutions aimed at smaller companies. Cloud-based EDI will allow you to standardize all of your transaction information, no matter how many trading partners you have.
ACT Data has been one of the most trusted EDI providers for over 25 years. They have worked with clients such as Amazon, eBay, Gap, JC Penney, and Wal-Mart. Contact them today for more information about how they can help your business.