Introduction Oil and gas companies are saving approximately $2.89 for every $1 they spend on EDI solutions. That’s a remarkable return on investment that’s transforming how the petroleum industry handles its data. Electronic data interchange (EDI) has become a critical technology for streamlining operations across the energy sector. Sending a single paper document costs between $10-30, […]
Introduction According to Google Trends data, searches for “strategic sourcing” have increased by 367% over the past year, as supply chain tariffs continue to create significant disruptions for businesses worldwide. Major retailers are now expecting to react in real-time as tariff changes ripple through every link of their supply chain. With expected rates of 10-46% from […]
Introduction Effective product authentication has become critical for luxury brands as counterfeit goods now account for over 60% of global seizures in the luxury sector. The counterfeit market is growing at an alarming rate of 22% annually, with luxury brands losing approximately 10% of their sales each year to fake products. According to the Global Brand Counterfeiting […]
Introduction Product transparency is now a make-or-break factor for consumers, with 63% of customers wanting to shop elsewhere after just one bad experience with a brand. This shift in consumer behavior isn’t surprising when we consider how thoroughly today’s shoppers research their purchases. 84% of consumers consider the product content experience vital to their purchasing […]
Introduction EDI VAN services are becoming essential for companies to create seamless communication channels between supply chain vendors and trading partners. At its core, an EDI VAN allows the exchange of standardized EDI documents by mapping and translating them into vendor-specific formats. B2B EDI integration through these EDI VAN networks offers significant financial benefits – […]