The larger your company gets, the more options it needs for getting business done right. Unfortunately, big companies often let big problems fall through the holes because they can’t properly track them.
While you have many options where this type of issue is concerned, they’re not all worth your company’s time or money. In fact, many will actually make things worse. However, one resource many companies depend on, Internet EDI, is definitely worth a look.
EDI stands for Electronic Data Interchange. It refers to an electronic communication system that supplies objective standards for the way electronic data is exchanged. Effectively, it helps different electronic systems speak to one another without the need for human interaction or gaps along the way. This means information is exchanged quicker and with less chance of human error.
For example, you might use EDI for warehouse systems to speak to supplier systems. This way your inventory is always transported on time with as few issues as possible, if any.
More and more companies are piling on the EDI bandwagon, perhaps most notably, Wal-Mart. When the commerce giant realized they could use Electronic Data Interchange to manage their numerous systems, a number of problems were solved practically overnight. Since then, countless companies have followed suit.