Manufacturing companies around the world are in the process of digital transformation. Industry 4.0 is fundamentally changing the models of industrial markets and increasing the competitiveness of their members. Thus, the level of digitalization determines the growth prospects of any manufacturing company. Understand the benefits of digital transformation Now, more and more manufacturing enterprises are …
Many companies, especially during the COVID-19 times, have begun to develop their online business in a more active and aggressive way. Increasingly, companies use Multichannel E-commerce practice, that is, selling through multiple marketplaces such as Amazon, eBay, Facebook, Instagram, as well as use third-party eCommerce platforms like BigCommerce, Shopify, Magento, Volusion or WooCommerce. What is …
What is SAP Business One (SAP B1)? SAP Business One is an Enterprise Resource Planning (ERP) software, specifically designed for small and medium businesses; it is developed by SAP SE (Germany). SAP Business One, is an effective tool for small business management. SAP Business One modules SAP Business One has 15 business modules that are …
When a company decides to outsource warehouse functionalities such as shipping and fulfillment operations to a 3PL (a third-party logistics provider), it is faced with the fact that 3PL providers require the exchange of documents in electronic format – EDI (Electronic Data Interchange). The most exchanged EDI documents in this industry are: EDI 940, EDI …
What is EDI? This post was updated to reflect current trends and information. EDI or Electronic data interchange is a technology for exchanging information in real-time between business partners, based on standard and structured electronic messages. EDI has particularly gained popularity in logistics and retail. This is a recognized standard in business because this protocol …
What does EDI stand for? Electronic Data Interchange (EDI) is one of the fundamental protocols of business documents exchange, for companies collaborating in today’s business world. Electronic Data Interchange (EDI) is an electronic exchange of business information between companies in a standardized format. This technology is used by businesses around the world as their …
Warehouse management issues How quickly the warehouse starts picking an order received from an ERP– depends on the internal business process in an organization. There are situations where orders received before 12:00 noon are shipped in the same day, and all other orders – only the next morning. There are companies whose warehouse business processes …
What is EDI (Electronic data interchange)? Electronic data interchange (EDI) is the exchange of structured data, according to a pre-defined format agreed upon, between computer systems and without human intervention. It is the basis of successful entrepreneurship. This is precisely the reason why business partners want to do business electronically, with their business partners such …
Almost every manufacturing and distribution company today, work with third-party logistics providers (3PL) to organize and manage their transportation of goods. This allows companies to save on their cost of warehouse management, easily track the movement of their goods, inventory, preparation of documentation, cargo handling, and delivery to the buyer. In this article, let us …
This post was updated to reflect current trends and information. Today, companies switching from one EDI service provider to another, is not different from someone changing his mobile operator. Successful companies are always looking for better services and conditions. They are not afraid to change their EDI service provider, considering they add a value with …
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