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![Q3_23_Blog_Images [Recovered]_How to Grow Your Wholesale Business with TrueCommerce EDI](https://www.truecommerce.com/wp-content/uploads/2023/11/Q3_23_Blog_Images-Recovered_How-to-Grow-Your-Wholesale-Business-with-TrueCommerce-EDI.png "Q3_23_Blog_Images [Recovered]_How to Grow Your Wholesale Business with TrueCommerce EDI")
How to Grow Your Wholesale Business with TrueCommerce EDI
In the world of wholesale distribution, collaboration with major retailers like Walmart and Costco is essential for business growth. Electronic Data Interchange (EDI) is a vital tool that streamlines communication and ensures compliance with industry standards, simplifying processes and enhancing productivity. However, many wholesale businesses find navigating the world of EDI challenging. In response to…
Alternatives to Just-in-Time Inventory
Just-in-time (JIT) inventory has long been a standard inventory management strategy. This lean inventory model requires businesses to order new products from their suppliers only after customers have placed an order. JIT requires careful orchestration between all supply chain partners to produce and ship goods on a precise schedule and avoid excess inventory. While JIT…
Advancing Pharmaceutical Traceability: Top 10 Traceability Essentials and How EDI Can Help
The pharmaceutical industry is a highly regulated sector with stringent government standards and requirements to ensure drug safety and quality. Manufacturers in this industry must comply with various traceability, serialization, and quality control regulations. In this blog, we’ll explore why manufacturers in the pharmaceutical industry need traceability and how Electronic Data Interchange (EDI) plays a…
Cloud EDI vs. On-Premises EDI
Efficiently communicating order data is critical for continued business growth. For years, businesses used electronic data interchange (EDI) to speed up order processing, increase efficiency, and comply with retailer requirements. The ability to automate and streamline document exchange with EDI makes it easier, more efficient, and more cost-effective for partners to do business with you, helping you…
Simplify Shipping with EDI
Suppliers must have efficient and streamlined shipping processes in today’s fast-paced environment. Delivering orders to customers quickly allows businesses to remain competitive. According to a worldwide study about online purchases, about 41% of buyers hoped to receive their orders within one day. About 24% of the surveyed buyers reported wanting their order delivered in less than two…
Meet Your Efficiency Goals Faster: How Supply Chain Managers Can Leverage Integrated EDI to Boost Productivity, Cut Costs, and Scale Operations
According to the National Association of Manufacturers Industry Outlook Survey, 65% of business leaders say supply chain challenges are the number-one challenge for their companies. When you consider the compounding issues of a looming recession, supply shortages, and labor constraints, it’s no surprise that more efficient supply chain processes are at the forefront of business…
Cloud Supply Chain
With constant supply chain disruptions and changing consumer demands, many companies see an increased need for automation, enhanced data analytics, and better insights into their operations to improve efficiency. That’s why many companies are already implementing cloud supply chain solutions in their operations. In fact, cloud computing and storage is the most frequently adopted technology…
You Don’t Need to Wait to Implement EDI
Whether you’re a supply chain manager, merchandising operations manager, IT director, CFO, or other business decision maker, the fact is, you have a lot of projects to consider. What’s more, most of those projects are expensive and take significant effort and time. When your business is trying to decide when and how to implement or…
The Hidden Cost of Delay: Why Waiting to Implement EDI Software Can Cost You More Than You Think
In a recent study, Gartner® found that 29% of supply chain leaders viewed technology as “critical to the success and growth of their business.” When it comes to the type of technology to implement, Gartner identifies “automation (i.e., supplementing, enhancing or replacing humans with things that can perform tasks independently), intelligence (i.e., leveraging technology to…
Traceability in Food Supply Chain
Traceability is an essential component of the food supply chain, since documenting food quality and movements through each supply chain step helps prevent the spread of disease and keeps consumers satisfied. The Food and Drug Administration (FDA) passed the Food Safety Modernization Act (FSMA) to address necessary tracking measures for food as it goes through…