Although the main backbone of EDI is exchanging electronic
orders and invoices between trading partners, there is so much more value add
that a well-functioning EDI solution can give the user. Here is just a small
selection of some of the solutions that EDI can deliver and the extra value
they give the user:
When and where will
my goods be delivered (EDI 856)? The Advance Ship Notice EDI 856 enables the sender to describe the
contents and configuration of a shipment in various levels of detail. The goal
of the ASN is to provide information to the destination's receiving operations
well in advance of delivery. The ASN delivers value add to the user in 3
distinct areas: cost, accuracy, and flexibility.
How much stock can I sell (EDI 846)? The Inventory Update EDI 846 informs
trading partners on goods on hand and in stock. This document tends to be
traded frequently and brings value add in that the seller can remove out of
stock items from their listings.
Where are my goods now (EDI 214)? The Transportation Carrier Shipment
Status Message EDI 214 can be used by shippers to let trading partners know of
the progress of goods in transit.
How do I know I got paid (EDI 820)? The Payment Order/Remittance Advice EDI
820 is sent by an organization
to a supplier when payment is made, especially in the case of an Electronic
Funds Transfer (EFT). The value add here is that it provides suppliers with the
ability to reconcile which invoices have been paid in full for any given
payment.
How much did we sell today in….(EDI 852)? The Product Activity Data EDI 852 can be
used by retailers to let distributors and suppliers what goods were sold at a
given time period and in what location. The value add is that suppliers can
plan and ship accordingly to meet their customers’ needs.
I want my shelves constantly stocked, but I
don’t want the hassle of remembering to order: EDI can help retailers but a working Vendor
Managed Inventory (VMI) solution in place where the onus is on the supplier to
have the retailers’ shelves constantly stocked at an agreed level.
For further information on value add EDI solutions please contact
B2BGateway today at +1 (401) 491-9595 (US), +353 61 708533 (EU) or email Sales@B2BGateway.Net You can also visit us online at www.B2BGateway.Net
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