Companies using the ‘traditional’, non-EDI methods of exchange, such as post and fax, are losing out significantly, according to Colin Fisher, Head of Sales at Data Interchange. He explained: “Post, in particular, has a massive cost and time impact, both on the customer and the supplier, because it is a completely manual process.”
A GS1 UK white paper identified a £14 per order cost saving gained when using EDI compared to manual processes including phone, fax, post and email to order stock from suppliers. These cost savings are gained through the reduction in disputes caused by inconsistent data, reduced administration and paper work, faster moving stock and less compliance checks needed.
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