SMBs drive profitability when they improve receiving accuracy and speed of communication with supplier-side EDI.
When most SMBs think about implementing EDI with suppliers there is a common belief that you need to be forced into EDI by enterprise customers or other changes to business requirements. However, EDI is gaining momentum in becoming a non-mandated technology, delivering significant ROI for both customers and suppliers.
Implementing EDI with suppliers will minimize error-related costs. By opting to transact electronically with suppliers, carriers or public warehouses, SMBs can eliminate unnecessary labor and paperwork. Take for example ASN management and integration: vendors can send you an ASN at the time of shipment that is integrated into your purchasing, inventory and billing applications.
Large enterprises often mandate their suppliers to do EDI because it saves money, which goes straight to the bottom line. The same can be said for SMBs and it doesn’t have to cost an arm and a leg.
Small businesses who leverage EDI without being forced into it because, do so because it affords them the opportunity to push their own supply chain costs back downstream. By passing these costs along to their suppliers, they reap the benefits on their bottom lines.
Other Benefits of EDI for SMBs:
- Improve communication between you and your suppliers, receiving detailed order confirmations and shipment notifications so you know when goods have left their facility and are inn transit to yours
- A single barcode scan can receive entire shipments, including serial number and lot number registration
- Enable EDI for small suppliers at low-cost to the supplier and zero cost to you, with no manual data entry on your end
- One investment in the right EDI technology can satisfy your customers’ requirements and open the door of opportunity for you to implement more accurate and cost-saving processes.
Get more detailed information on Supplier-side EDI for SMBs in this post by EDI and ERP expert, Glenn McPeak.
About Data Masons
Data Masons is a Microsoft ISV Partner that provides fully-integrated and automated EDI/XML processing solutions Certified for Dynamics AX, GP and NAV. Data Masons' compliance services, product flexibility, extensive EDI and ERP integration knowledge, and partner-driven experience have made the company’s Certified for Dynamics Vantage Point EDI solution the winning choice for high-performance business document integration at more than 1,000 customers worldwide. www.datamasons.com
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