Introduction Global data synchronization saves retail companies approximately $10.5 billion annually through standardized barcode systems. However, many businesses still struggle with supply chain errors, including inadequate inventory management and inaccurate demand forecasting, all stemming from poor data quality. We’ve seen firsthand how the Global Data Synchronization Network (GDSN) transforms operations by connecting trading partners through a […]
Introduction In today’s retail environment, managing product assortments across multiple channels and geographies has become increasingly complex. Assortment planning plays a critical role in delivering the right products at the right prices to the right places, especially as consumer shopping habits continue to evolve. Yet despite this growing complexity, many retailers still rely on hundreds […]
Introduction Did you know that the automotive industry has developed over thirty EDI standards specifically to meet the complex communication needs of major manufacturers? EDI standards form the backbone of modern automotive supply chains, enabling seamless data exchange between companies like VW, Audi, Bosch, Continental, and Daimler AG. Let us explore the two critical EDI […]
Introduction EDI chargebacks cost businesses hundreds to thousands of dollars per violation, creating a significant revenue drain that many companies don’t track properly. In 2020 alone, 66% of businesses reported losing up to $500,000 due to poor EDI integrations, with some companies facing losses exceeding $1 million. What’s even more concerning is that 26% of businesses aren’t […]
Introduction Don’t Let Your Legacy EDI Provider Hold You Back: Break Free from EDI Provider Limitations Many businesses feel trapped in relationships with old and outdated legacy EDI providers, often due to historical reasons, departmental preferences, or acquisitions. Switching to a new provider evokes images of disrupted operations, unhappy trading partners, and technical nightmares. This […]