Introduction Bonded warehouses serve as specialized storage sanctuaries in the global supply chain. The global bonded warehouse market is projected to reach $273.6 billion by 2031, yet many businesses still wonder, “What is a bonded warehouse?” and how it can benefit their operations. With international trade growing by 3.5% from the previous year, we’re seeing an […]
Introduction Today’s shoppers demand consistent and reliable information about the products they choose whether they are shopping online or in-store. To provide such high-quality product data to consumers, brands rely on advanced product data management solutions like GDSN to synchronize their product data to various sales channels like eCommerce stores, mobile apps, and other marketplaces. […]
Introduction The electronic invoicing system market has exploded to $13.5 billion in 2023, and experts project it will reach $60.9 billion by 2032. This remarkable growth isn’t surprising when we look at the numbers – while companies spend approximately $36 to process a single paper invoice manually, electronic invoicing cuts this cost by two-thirds. We’ve observed […]
Introduction One solution, many names—that’s the story of Internet EDI, which is also sometimes called Web EDI, Cloud-Based EDI, or EDINET. Irrespective of the name, the basic workflow of Internet EDI to exchange standardized EDI documents over the Internet using secure communication protocols like sFTP or AS2. The global electronic data interchange (EDI) market hit USD […]
Introduction Companies across industries deal with vast amounts of product data that must be accurate, consistent, and accessible across multiple platforms. Managing such large volumes of product content efficiently is critical to optimizing operations, enhancing customer experience, and streamlining data sharing. This is where Product Content Management (PCM) solutions come into play. Whether you want […]