Benefits of Electronic Data Interchange

More commonly referred to as EDI, Electronic Data Interchange transfers data electronically between parties. The usage of this technology has been increasing steadily for the past few years, and for good reason. Electronic data interchange is one of the ways businesses are advancing their technology to overcome different challenges in their daily operations. Using EDI reduces errors, saves money, saves time, and has various other benefits.

Increased Efficiency with Electronic Data Interchange

One of the benefits of EDI is improved efficiency. When working with a client, shipping, receiving, and inventory information is shared almost instantly. This means that your clients will receive information about their order progress, making it easier to make adjustments if necessary.

In addition to improved efficiency and speed when communicating with clients, EDI also allows for increased transparency:

More Efficient Business Transactions

EDI allows businesses to communicate with each other without manually sending documents, which can save time and, therefore, money. Companies can also use it to avoid errors in data entry, making their transactions more efficient overall.

Electronic Data Interchange Improves Data Quality

EDI can help improve data quality by ensuring accuracy, consistency, reliability, and security. EDI data is more accessible to verify and validate than non-standardized files and documents.

• Consistent: Businesses can be more confident that their information will be accurate because it has been transmitted in a standard format with agreed-upon meanings.
• Reliable: When messages are exchanged electronically or near real-time, any changes are immediately visible to all parties without waiting for mail delivery or courier service. This makes it easier to ensure the validity of transactions and detect potential errors before they occur.

 EDI is the way of the future. More and more businesses are converting to EDI as they realize how much money, time, and resources they can save.

About Interstate Cold Storage

Established in 1973, Interstate Cold Storage is a leader in cold storage facilities, shipping and distribution, with a network of facilities strategically located across the Midwest. Headquartered in Fort Wayne, Indiana, ICS is a family-owned company with five locations and nearly 22 million cubic feet of refrigerated space. According to the International Association of Refrigerated Warehouses, ICS is a top 20 North American refrigerated warehousing company. The facility network currently supports temperature ranges from -15°F to 35°F with multi-room, multi-temp offerings. Interstate Cold Storage is a subsidiary of the Tippmann Affiliated Group and has two facilities in Columbus, OH; one in Napoleon, OH; and two in Fort Wayne, IN. For more information, call 260-428-2505 or visit https://interstatecoldstorage.com/.