Title: The Fututre of EDI
1The Future Of EDI
Brilliant Info System Pvt. Ltd.
www.brilliantinfosys.com contactus_at_brilliantinfosy
s.com
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3- EDI replaces postal mail, fax and email. While
email is also an electronic approach, the
documents exchanged via email must still be
handled by people rather than computers. - Having people involved slows down the processing
of the documents and also introduces errors. - Instead, EDI documents can flow straight through
to the appropriate application on the receivers
computer . - Companies worldwide have been using electronic
data interchange technology for many years now,
and there were not few times when people declared
its end.
Introduction
4- Cloud computing is changing the framework for EDI
technology deployment and service consumption
models. - Companies have started to migrate their data and
applications to the cloud, and EDI is no
exception. - When companies are facing skills shortage the
only solution that can help them survive in the
market is outsourcing. More and more companies
have started to collaborate with external
businesses to get 24/7 coverage and reduce costs.
- When it comes to EDI, they prefer to outsource it
because they no longer consider it an internal
requirement.
IT Skills Shortage
5- Without a doubt, e-commerce is by leaps and
bounds the fastest growing sector in retail.
Online shopping is everywhere, its become a way
of life - As the e-commerce growth in the market expands by
record margins, a new challenge begins to present
itself. - The growing enterprise technology stack is a
reflection of the impact that e-commerce is
having by adding complexity to virtually every
supply chain. - EDI is a foundational technology at connecting
ecosystems for the seamless flow of supply chain,
inventory, and retail data. EDI continues to act
as the existing communications standards for most
industry-specific supply chains.
E-commerce Growth
6Benefits of Modern EDI
- Any-to-any format transformation, data mapping,
and integration - Process orchestration for intelligent automation
- Asynchronous, synchronous, and real-time
transactional capabilities - Visibility and analytics capabilities that serve
operational and business intelligence use cases - Extensive integration capabilities for on-premise
and cloud applications, systems, data, and
partners
- EDI must coincide with integrated business
processes with ERP systems and other core
business applications that run the enterprise. - Its EDI that connects the data, applications,
trading partners, and underlying
revenue-generating business processes.
Business Process Integration
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