News out of the European Union these days seems to be all about divisiveness and imminent economic chaos. So it's easy to overlook the latest reforms that promise to make life easier for traders doing business in the region.
Companies have a pretty good grip on the movement of physical goods in their supply chains. But they often overlook the accompanying flow of funds - and the opportunity to make better use of limited working capital.
TrueCommerce has made available its electronic data interchange (EDI) application for Microsoft Dynamics NAV in the North American and European market.
In today's world of web-based ordering, consumers expect the right products to be available all the time, delivered quickly, and for status updates to be provided at every stage of the process until the product is received. This places very high expectations on wholesalers, suppliers, distributors and retailers alike to ensure they are able to meet this demand, and they have little margin for errors and delays. The manual processes businesses have historically relied on make them vulnerable to the factors that contribute to these shortcomings and can negatively affect production, margins, reputation, scorecard performance and, ultimately, the bottom line. Because of this, supply chain executives are embracing real-time visibility and system collaboration.
The latest news, analysis, trends and solutions regarding electronic data interchange (EDI) and extensible markup language (XML) and their impact on supply chain management. New developments in EDI and XML communication - both formats for exchanging business data - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using EDI and XML communication for supply chain optimization.
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