Let’s not beat around the bush and come to the point at once. What is EDI? Everyone is talking about this technology and varied industries are adopting it to automate business processes and communication. As you are reading this blog, we are sure that you want to know how EDI can be helpful for your e-commerce business. So, what do you exactly know about EDI? Let us help you. Electronic Data Interchange or EDI refers to electronic communication between businesses using standard formats to exchange documents. With EDI, organizations can transmit information across systems or applications. It enables instant and automated data sharing which otherwise can take hours or days or even weeks with paper-based methods. Thanks to EDI, businesses can share and integrate different types of documents, including invoices, purchase orders, quotation requests, and more with their trading partners.
For e-commerce businesses, the primary objective is to add to the buyers’ network and enhance profitability which will give maximum exposure to products and services. Also, companies want to keep their customers happy, satisfied with a seamless delivery cycle. This ensures consistent clientele and continuous buying of products. This is where EDI comes into the picture. Although there are diverse techniques for online trading and businesses, EDI VAN is the most popular and meaningful of all. EDI VAN (Value Added Network) is a private network provider with a focus on network services, which includes message encryption, secure email, management reporting, etc. It makes it easier for e-commerce businesses to exchange data via establishing a one-point contact for all. This not only ensures that the information is shared with the intended recipient but also reduces the number of direct contacts that businesses need to make.
Ecommerce development solutions empowered with VAN paves a convenient path for secure communication and data sharing. It is the backbone of online trading, evolving beyond just managing EDI documents. It is a comprehensive e-commerce network with flexibility and diverse connectivity to handle all types of e-documents. EDI VANs are used for transferring structured and unstructured data and can be operated by larger and smaller firms.
Here are a few reasons why EDI VAN plays a significant role in the e-commerce network:
Smooth Supply Chain
Whether it’s a recently launched startup or an established online store brand, every e-commerce business needs to perform several tasks daily. These routine and core activities demand enhanced communication between different teams and companies. There is no denying the fact that real-time data sharing and continuous interaction between partners, retailers, and suppliers are the keys to effective supply chain management. Hence, comes an authentic EDI service provider to your rescue. With EDI VAN, you can simplify the entire process along with facilitating secure communication and information exchange. There will be reduced manual and paper-based interaction and fewer parties to connect with directly. Therefore, managers and other team members will have enough time in their hands to concentrate on other important tasks. VAN also helps online businesses to achieve automation, shorter sales cycles which add to more sales, and stronger business relationships.
One of the biggest challenges for e-commerce companies is to deliver orders on time and handle them properly. Of course, you have to ship products to different locations, manage timings, correct address, deadlines, and whatnot. It can be daunting and complicated with higher chances of mistakes or errors. EDI network gives you the ability to meet the tightest shipping windows, thereby providing you with a competitive advantage in the industry. What’s more? You gain the trust of your customers and are the preferred vendor for them. By assuring security during the exchange, your business can stand apart from the crowd. Honestly, reliability is not restricted to network uptime but also takes into account the ability to interface with order resources. VAN offers services, such as order tracking, file tracking, connection troubleshooting, etc., that collectively improve network reliability.
Enhanced Customer Relationship
The one goal for most retailers and buyers is to keep administrative overheads as low as possible. This objective can be accomplished by mitigating errors and reducing human intervention in the procure-to-pay cycle. But how do organizations do this? Well, the best way is to automate daily and repetitive processes which will save time and effort. As all major retailers and also end-users are now EDI-enabled, they trade with partners and businesses through this electronic mode of data exchange. EDI VANs make sure that all the buyers are happy with the products and services, maintaining long-term and healthy relationships with a seamless flow of transactions between the parties.
Your top-quality products, reliable services, smooth connectivity, everything is of no use if they are not backed up by seamless services. Buyers these days have become a bit demanding and look for personal attention while purchasing products online. So, leaving the entire process to the automated system may fail to offer the finest services. E-commerce businesses need occasional human intervention to interact with users and resolve their issues. EDI network for eCommerce can bring this most valuable service to the operations. The local service network in an organization is familiar with the operations and business, it can communicate with people, saving your time and effort.
This is the benefit that you will not witness instantly but in the long-run. After running your online business for years, you will see a huge reduction in the administrative work as EDI VAN will simplify the workflows. Initially, you will be managing most of these tasks yourself, employing personnel to take care of the administrative functions. However, the e-commerce network will gradually deal with these activities by streamlining manual business processes and data validation. With your business growing, you will definitely sell more products and have more buyers on board. Needless to say that you will need to allocate a data entry team for urgent and important roles. EDI VAN network will automate this part of your online store which will increase employees’ satisfaction as they are no more involved only in typic numbers and also provide you with accurate output with no more costly human errors.
VANs have been adapting and evolving continuously with the ever-growing online business. While focusing on the specific industry, EDI VAN now offers a wide range of services, ranging from mapping to translation to various customized packages. It is a trusted e-commerce network that promises reliability, precision, accuracy, and more.
Author’s Bio: Alicia works with the editorial team of A3logics, a leading software development company. Exploring the latest technologies, reading about them, and writing her views have always been her passion. She seeks new opportunities to express her opinions, explore technological advancements, and document the details. You can always find her enjoying books or articles about varied topics or jotting down her ideas in a notebook.