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EDI pro tips, essential guides, expert advice - eZCom Software
Software pulled EDI out of the fax era. Now automation is optimizing it, helping businesses drive more productivity and revenue while mitigating risks and costs. But here’s the thing: Just as EDI software felt like a daunting departure from faxing, the mere mention of the word “automation” sometimes makes people sweat. How do I even get started? What’s the time investment? How will this impact my retailer relationships? So let’s break EDI automation down and walk through some manageable best practices, pro tips and what you can expect to get out of it…
Often referred to as the Payment Remittance Advice, the Order Remittance Advice or simply The Remittance Advice, the EDI 820 informs the supplier that the retailer has received an invoice, otherwise known as the EDI 810…
If you sell your products to traditional retailers and major online marketplaces, Electronic Data Interchange (EDI) is an essential part of your business operations and integral to supply chain management. Most trading partners will require you to use it, and they will expect your company to meet the compliance standards they have established. If your organization is missing the mark, here are seven ways to improve your EDI process…
As a brand grows and expands its footprint to major retailers, it will be expected to process orders using Electronic Data Interchange (EDI). If you’re new to EDI, it can be challenging, time-consuming, and seem difficult to meet the compliance standards of your trading partners. In fact, as frustrations mount, you may find yourself asking: why do retailers use EDI?…
As companies grow, they turn to more powerful technology to track, manage, and forecast their business. For brands and suppliers selling to retail trading partners, that usually means implementing Enterprise Resource Planning (ERP) software. When they do, some will ask: can an ERP do EDI?…
Looking for ways to increase customer loyalty? You should be—repeat business is a formula for success. It’s easier to follow up a sale with another one—it’s getting the first purchase that’s the biggest challenge. But today’s consumers have more options than ever before, suppliers are often responsible for shipping to them directly, and building a base of frequent buyers requires careful attention. For brands and retailers, finding ways to increase customer loyalty should be a key initiative…
Drop shipping and online sales remain a bright spot in retail, and the opportunities they present for brands and suppliers can’t be ignored. According to a report from the National Retail Federation (NRF), non-store—outside of brick-and-mortar locations—and online retail sales are expected to grow between 11% and 13% in 2022. That translates to a market size of $1.17 trillion to $1.19 trillion. Clearly, online warrants serious focus, and major retailers now expect companies to drop ship direct-to-consumer. The challenge is that it’s an entirely different sort of order processing, requiring small shipments to hundreds of addresses instead of large shipments to a single store or distribution center. So the question is: how can you make drop shipping easier?…
Are your direct-to-consumer shipments not growing as fast as you would like? Are eCommerce store orders growing slowly? Then it’s time to consider a tactic embraced by many brands—SMS marketing for drop ship…
Maybe your company is a startup that launched by shipping products from your garage or a spare bedroom. But success means those kinds of solutions don’t work for long. At some point, growing companies need to tackle inventory and fulfillment in a real, efficient, and cost-effective way. That leads to consideration of two options, and the question for many is Warehouse or Fulfillment Center: What’s the difference?…