Using EDI to Meet Business Goals
I wrote another blog article recently on what “good EDI support” is and the feedback we consistently received talked about the ability to understand...
Just like any other technology that helps our businesses run, EDI systems can become stale and not operate as efficiently as they could. So it's up to us to evaluate them every once in a while and breathe some new life into them!
1. Look for manual processes and find a way to automate them. This will result in reducing your margin for error.
2. Set up error alerts so that you can resolve the error before it becomes a problem. Less errors mean less charge backs, which results in more profit.
3. If it makes sense for your business, integrate your EDI operations. If you are processing more than 20 transactions a day, you should not be rekeying any data. If your EDI documents are not integrated with your ERP system, then you are not fully realizing the benefits and cost savings of EDI. Moreover, you are probably introducing errors into your data by rekeying it.
4. Evaluate whether or not your EDI operations are supporting your business goals on a regular basis. It's easy to become complacent and allow your EDI efforts to become stagnant.
5. Stop looking at EDI as something your customer is forcing you to do. Instead, look at EDI as a way to reduce costs and increase your bottom line! Not to mention, being EDI capable makes you that much more attractive to prospective customers.
I suggest you take this list a step further by requesting an EDI assessment. An EDI assessment by a good EDI provider can help you optimize your EDI by understanding your environment, reviewing your current procedures, analyzing findings and preparing recommendations.
GraceBlood LLC specializes in EDI implementation and data integration solutions. For more information, please contact Shandra Locken, at slocken@graceblood.com.
I wrote another blog article recently on what “good EDI support” is and the feedback we consistently received talked about the ability to understand...
Resistance to change and fear of the unknown are the biggest reasons why companies often don't grow their bottom lines. EDI has consistently been...
EDI training can be acquired through various resources if you know where to look. Your EDI provider may provide training on the EDI software they...