More commonly referred to as EDI, Electronic Data Interchange technology is being used more and more across various industries for good reason—it’s giving businesses the real-time data they need to maximize efficiency and grow their profit. But what is EDI? And how can it be used to grow your business?
EDI is a way of exchanging documents and information with other businesses electronically using a structured format. Instead of using paper-based documents, such as purchase orders, invoices, and shipping notices, EDI transfers these documents electronically between computer systems. Using EDI inventory management improves efficiency, reduces errors, saves money, saves time, and gives you the real-time information you need to make your business more profitable.
EDI inventory management systems eliminate manual data entry tasks. In an EDI warehouse, shipping, receiving, and inventory information can be shared with customers almost instantly, reducing time and labor spent on individual transactions and providing a seamless — and more transparent — customer experience.
We live in an on-demand world, and today’s customers are used to getting what they want, when they want it. EDI inventory management allows you to move at the speed of your customers, processing transactions on the spot.
EDI inventory management minimizes errors caused by manual data entry by passing information electronically, making data more reliable. EDI data is also more accessible to verify and validate than non-standardized files and documents.
Businesses can be more confident that their information will be accurate because electronic data interchange logistics data is transmitted in a standard format to minimize alternative interpretations.
When electronic data interchange logistics data is exchanged electronically or near real-time, any changes are immediately visible to all parties. This makes it easier to ensure the validity of transactions and detect potential errors before they occur.
More and more businesses are converting to EDI as they realize how they can keep their businesses competitive while saving money, time, and resources and improving their customer experience.
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. We use Accellos One 3PL to enable our real-time inventory tracking capabilities. This advanced EDI technology allows you to precisely monitor your inventory levels, track the movement of your goods, and manage your inbound and outbound shipments. 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/.
