The Edict Systems Blog

How EDI Helps Stock the Shelves For Large and Small Grocers

Written by Edict Systems | Mar 11, 2024 5:00:00 PM

In today’s technology-forward world, Electronic Data Interchange (EDI) helps grocery and retail stores stock shelves, move orders more seamlessly, and process invoices and other business documents without errors. For decades, paper-based business transactions were the norm, and manual data entry, errors, and delays caused headaches and issues between trading partners.

As EDI emerged, it transformed the way businesses communicate, and its value can be seen across the grocery and retail industries in the following ways:

Streamlined Efficiency:

  • Faster Orders: EDI helps put an end to using fax and email to exchange business documents like purchase orders. EDI transmits these documents instantly, accelerating order processing and getting products on shelves quicker. If businesses must still rely on fax and email to exchange business documents, solutions like Edict Systems’ Fax and Email Conversion to EDI make it easy to automate transactions so buyers still receive EDI from their suppliers. 
  • Automatic Invoicing: No more manual data entry errors or chasing invoices. EDI automates invoicing, ensuring faster payments and happier vendors.
  • Reduced Receiving Times: Gone are the days of manually counting inventory. EDI Ship Notice/Manifests electronically inform grocers and retailers about incoming shipments, streamlining receiving and saving valuable time.
Enhanced Inventory Management:
  • Accurate Stock Levels: Real-time data exchange through EDI keeps inventory levels precise, minimizing stock and demand issues.
  • Improved Demand Forecasting: EDI data helps retailers predict customer demand more accurately, leading to better planning and reduced waste.
  • Faster Tracking and Corrections: With electronic document exchange, issues and bottlenecks can be identified quickly and handled without much delay. 
  • Supply Chain Transparency: EDI provides insights into the entire supply chain, enabling better collaboration and risk management.
Competitive Advantage:
  • Reduced Costs: EDI eliminates manual processes and saves time, money, and resources like equipment and specialized teams.
  • Improved Customer Satisfaction: Efficient operations translate to better communication and data exchange between trading partners. Transactions occur faster and are more accurate and reliable.
  • Enhanced Collaboration: EDI fosters stronger relationships with suppliers through efficient communication and data sharing, ensuring they maintain EDI compliance and meet EDI requirements set by their customers.

The Future is Electronic

While paper still remains prominent in some areas, EDI continues to make business more efficient for buyers and suppliers of all sizes. As grocery and retail industries continue to embrace digital transformation, EDI will continue to play a central role in driving efficiency, transparency, and a higher ROI. 

With EDI providers like Edict Systems, businesses can remain competitive with EDI solutions that meet their needs. From data mapping services designed to replace costly translators, to web-based solutions that make doing EDI possible within days, Edict Systems helps buyers and suppliers in a multitude of industries lower costs and maximize the value of EDI.

Learn how Renfro Foods used Edict Systems' EDI solutions throughout their business growth.

 

Visit us during The NGA Show - March 10-12, 2024

The National Grocers Association (NGA) represents independent supermarket operations around the country. The NGA show brings together retailers and the wholesalers who serve them along with Consumer-Packaged Goods manufacturers to learn, engage, share, and network.   

Edict Systems uses the NGA show to meet with wholesalers who provide goods and services to the independent operators throughout the country. We enjoy discussing how implementing EDI and expanding grocers’ EDI capabilities can create tremendous cost saving opportunities for their organization.  

We are proud to have a relationship with the Retailer Owned Food Distributors and Associates (ROFDA) for over 10 years. ROFDA supplies more than 2,700 independent supermarkets in all parts of the US. The independent grocery business is at the heart of the US economy and its communities, and we are excited to be part of this unique group. 

 

We do EDI so you don’t have to®

Edict Systems has been providing Electronic Data Interchange (EDI) services since 1990, and today, works with thousands of businesses of all sizes to maximize the value of EDI by lowering costs and increasing efficiencies. Whether your needs are full or partial EDI outsourcing, our solutions allow buyers and suppliers to eliminate the need for manual data entry, focus resources on core business needs, and remove complexities from the EDI process.