Define EDI Software EDI software is a tool that converts business data and information to trading partners in a standardized, structured, and paperless format that is compliant with EDI standards. Data such as EDI 850 purchase order and EDI 810 invoice are in document format. Each document type has a standardized layout that displays and […]
Introduction A Global Location Number (GLN) is a 13-digit identifier, part of the GS1 system, used to uniquely identify locations in the supply chain. It can be used to represent a physical location like a warehouse, a legal entity like a company, or a specific function within a company. GLNs improve efficiency by streamlining communication […]
EDI Market Growth in the Next 5 Years Before we dive into these top 18 benefits of internet EDI, here are some real-time stats about internet EDI growth in the next 5 years, As per the Fortune business insights The global Electronic Data Interchange (EDI) software market size is projected to grow from $1.98 billion […]
Introduction to Top EDI Document Types Electronic Data Interchange (EDI) is an efficient and effective supply chain management tool. EDI can help reduce lead time, save documentation processing costs, eliminate procurement errors, clarify inventory status information, and enhance strategic alliances throughout the supply chain. In this blog, we will be focusing on some of the […]
Define Supply Chain First lets start off with What does Supply Chain Mean? To put it simply, a supply chain is a system that allows a manufactured product to reach a consumer in one or many steps. The 5 components of a supply chain: Planning Manufacturing Assembling Packaging Transporting Delivery & Return Top 15 Supply […]