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The benefits of EDI can transform the fortunes of businesses, large and small.
Using EDI can transform the fortunes of businesses, large and small.
For small firms, the overall benefits of EDI is that it’s an engine for growth, it frees up valuable time for key tasks like business development and it improves cash flow.
For larger organisations, moving to a 100% EDI-enabled supply chain produces significant economies of scale and business efficiencies. Therefore, organisations that have EDI systems in place much prefer to work with suppliers using EDI and, in fact, many make EDI a trading requirement.There are many benefits of EDI:
Free from the administrative burden, agile firms can focus on what they do best, building long-term relationships with customers, developing new products and services and opening up new markets. EDI is a real game-changer.
Larger businesses with an EDI-enabled supply chain benefit from streamlined, consistent and integrated business processes. Real-time information about individual suppliers helps inform management decisions and builds strategic partnerships, encouraging buyers and suppliers to collaborate with each other.
Improved supplier management also contributes to the achievement of corporate social responsibility, sustainability and ethical trading goals, while the business efficiencies and economies of scale that EDI delivers also reduces carbon footprint and boosts environmental credentials.