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Benefits of EDI in Logistics & its Impact on Supply Chain

Logistics make for an indispensable part of the entire supply chain.  Transportation industry facilitates the movement of good s  across continents for every sector, making it  a  driving force for the world economy.    But this industry processes perhaps the most substantial amount of information  that is  being shared between supply chain participants via mountains of paper every day. Fluid communication & optimum exchange of information between logistics partners & other participants in the supply chain is a necessity  for ensuring  high efficiency of operations.   Improving Flow of Information   Providing carriers with access to all the information at their fingertips can go a long way in guaranteeing quick  and  error-free transactions  with  minimal  human intervention .     Automation of data exchange has enormous benefits not just for inhouse logistics and  third-part...

How EDI helps in Digitization of Healthcare Sector

L ately, several industries have opted for the digitization of their business processes. Moreover, post COVID19 is being marked as a new era of a paperless workflow by communicating all the business data electronically. Healthcare Digitization Healthcare industry has also been at the forefront of harnessing the digital change. This sector generates a massive number of documents in the form of patient documents, prescriptions, insurance claims, healthcare billing and more. Most of these documents are critical to patient care; hence, it is vital to ensure secure & error-free transmission of such information. This has led to the increasing use of EDI in Healthcare. Electronic Data Interchange (EDI) is the electronic exchange of data between businesses in a standardized format. EDI is a very efficient way to exchange information that is easy to implement and saves both time and money. EDI in Healthcare A lot of data is shared between parties all over the m...

How to Exchange Order & Inventory Data Between ERP & Amazon Marketplace

  Amazon has emerged as an undisputed leader among all the online e-commerce platforms available in today’s market. With over  300 million active customer accounts worldwide , Amazon is something that most sellers and retailers cannot afford to ignore. Having your products on Amazon allows you to profit from new selling opportunities and expose your product to a new buyer audience.  A recent study from Feedvisor  found out that almost 89% of consumers are more likely to buy products from Amazon than any other e-commerce site. To further establish Amazon’s importance as a critical e-commerce channel for every seller,  another study  found that one-third of all sellers on Amazon have an average mark-up between 25% and 50%! Moreover, this platform has acted as the door for most sellers to step into the realms of Multi-channel retailing. According to a  survey , 77% of third-party sellers on Amazon sell through multiple channels, including online marketpla...

How PDF2XML Can Help Digitizing Your Business

  Processing documents and other information is the backbone of every organization. It sets the pace for the entire supply chain starting from manufacturing and going beyond customer service. Businesses need to process hundreds and even thousands of  sales orders, purchase orders, order confirmations, delivery notes,  invoices,  credit notes , and other vital business data every day.     Manually processing such a massive volume of data  cost a lot of resources and time. Moreover, manual re-keying of data can lead to costly errors and disrupt the entire business operation.     Digitizing Business Documents   Digitization of business documents is the first and most crucial step towards the digital transformation of a business. Many feel that sending  sales orders, purchase orders, order confirmations, delivery notes, invoices, credit notes as PDF files  over e-mail is a simpler way to star...