Why is EDI Important in the Retail Industry?

A key benefit of EDI to the retail industry is drive efficiency and creating lean organizations. EDI replaces paper-based processes with electronic documents involved in ordering and distribution, creating seamless electronic trading between both retailer and supplier. EDI service eliminates the waiting times of manual processing and removes the complexities between retailer and supplier with real-time product and stock level information in the right place at the right time. Retail EDI helps in managing huge commercial transactions for retailers, a major part of companies where the public generally goes.

EDI service automates the exchange of transactions including invoices, orders, goods received notes and ASNs. With integrated EDI and web EDI solutions, EDI enables retailers to trade electronically with all suppliers for any size and technical capabilities. EDI also provides retailer with the functionality to deploy a drop ship model with suppliers. Delivered as a fully managed service, EDI manages the entire on boarding process for retailers and once implemented looks after the day-to-day running of EDI on retailer’s behalf.

• Enhanced inventory management and Automate order processing
• Improve business relationships and accuracy
• Easily manage activity and response documents
• Reduce manual data entry, increased turnover and increased cash flow
• Increased productivity while enhancing efficiency
• Reduced cycle time and enhanced customer service

EDI service providers provide a reliable EDI solution for requiring only access to the internet without installing software with no other IT requirements. EDI integration (Walmart EDI Integration, Amazon EDI Integration etc.) minimize data entry, reduced costs, increased turnover and increased cash flow.