An effective supply chain and electronic data interchange (EDI) go hand in hand. Companies that take advantage of EDI capabilities in Minneapolis, MN, provided by Strategic Warehousing maintain the ability for streamlined communications with partners, vendors, suppliers, and customers.
True EDI capabilities include the ability to send and receive documents like HIPPA, X12, Tradcoms, and EDIFACT, while providing a set of concrete governance, management, and onboarding processes.
Companies looking to take advantage of EDI capabilities have the choice of working in-house or outsourcing. While it might be tempting to try and maintain in-house EDI, doing so can be tricky.
In-house EDI requires extensive software and hardware, and enough available IT resources and support to work through issues and maintain capabilities. Companies that work with in-house EDI also must strategize to try and determine the best way to onboard and update trading partners.
Working with Strategic Warehousing for outsourced EDI is a more simple and effective solution for a few important reasons.
- Comprehensive Management: As Minnesota and the Midwest’s leading warehouse provider, Strategic Warehousing has years of experience managing and performing EDI-related processes for companies. Businesses can rest assured that the hardware and management are the focus of professionals who are vetted and experienced.
- Opens Up Other Opportunities: In-house staff who and IT departments that do not have to focus on EDI can devote work to other projects for the business. This ability helps a company optimize its resources and devote valuable tech knowledge to in-house systems. Strategic Warehousing also devises plans to onboard and train partners, and to migrate old solutions to newer alternatives.
In addition, organizations that are EDI capable stand to reap significant advantages. A standardized communication system equates to reduced transaction costs through digitization and predictable workflows. Both of these advantages also help speed up processing times.
EDI solutions can also integrate with ERP systems to ensure transferred data is accurate. Manual relay into order systems without EDI capabilities opens up the door for errors and other issues.
Efficiency is an important KPI for any business—especially as packages, documents, and shipments are moving to be delivered in a safe and expedient manner—and EDI capabilities help with this.
Finally, EDI solutions offer businesses secure archive tracking and audit trails that comply with industry standards and the operating procedures of many businesses.
Global business and the interconnectedness of companies in the modern world means a lack of EDI capabilities renders an organization as not ready for business. To take advantage of effective and professional EDI capabilities in Minneapolis MN, reach out to Strategic Warehousing to learn more about how we can serve your company.
Give us a call at (651) 405-1920 to work with Strategic Warehousing.