Introduction EDI VAN services have become a critical backbone for secure business data exchange in today’s digital ecosystem. According to market research, the global Value Added Network (VAN) market was valued at USD 1.73 billion in 2020 and is projected to reach USD 3.51 billion by 2027, with a CAGR of 10.3% during the forecast period […]
Introduction Inventory distortion costs businesses worldwide a staggering $1.77 trillion per year. Demand forecasting in supply chain management remains one of the most challenging yet crucial processes for companies struggling to balance inventory levels. Getting your inventory balance wrong creates serious problems on both sides. Too much inventory leads to discounts and storage costs, while too […]
Introduction EDI pricing shows dramatic variations in the market. Annual costs range from $200 to over $50,000 based on your business requirements. Businesses face a vital decision while evaluating electronic data interchange solutions – choosing between pay-as-you-go or subscription-based pricing. Small companies spend only a few hundred dollars yearly for simple EDI software. Enterprise implementations with hundreds […]
Introduction EDI SLAs have become the backbone of modern supply chain operations, establishing critical performance standards that can determine success or failure in today’s hypercompetitive market. The implementation of EDI in supply chain processes enables real-time data exchange, allowing key players such as suppliers, manufacturers, distributors, and retailers to receive prompt updates about inventory levels, […]
Introduction GDSN is the world’s largest product data network, enabling manufacturers and sellers to harmonize product information with their customers. In fact, this global network now comprises over 40 million items shared among more than 69,000 trading partners across 256 countries. Additionally, global data synchronization saves retail companies approximately $10.5 billion annually through standardized barcode systems. We’ve […]