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News and interesting information about EDITEL and Electronic Data Interchange (EDI)!
Would you like to stay up to date in all things EDI? Are you looking for specialized events that revolve around EDI? And are you also interested in EDITEL’s client projects? Would you like to read media reports about EDITEL and Electronic Data Interchange? Or are you looking for answers to specific questions our experts have addressed in our blog entries?
Our info zone offers all this and much more. Explore the world of supply chain management, digitalization and Electronic Data Interchange.
"Everything that can be digitized must be digitized." This is the only way for businesses to stay competitive in the long run and to emerge stronger from the crisis. While this insight brings a lot of opportunities for SMEs, it also goes hand in hand with huge challenges. This is especially true for the financial side.
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The automotive sector has always been at the forefront of EDI. The continuously growing exchange of business documents among business partners has helped to continuously refine and perfect this proven technology for the digitalization of the supply chain.
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Zanini manufactures roughly 90 million hubcaps per year, supplying almost all car manufacturers in the world. To manage this feat of logistics, the family-owned group relies on EDITEL, an Electronic Data Interchange (EDI) expert, at its production site in the Czech city of Kadaň.
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Wouldn’t it be highly convenient if you no longer had to exchange all orders, despatch advices, and invoices with your business partners by fax, e-mail or even mail, but everything happened automatically via electronic data interchange (EDI) instead?
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Depending on the model and make, an average car consists of roughly 30,000 parts. The pyramid of suppliers and subcontractors consists of several levels (Tier-1, Tier-2 etc.) and requires all involved parties to work together to perfection. Luckily, EDI is there to help and connect all parties with each other.
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According to the "Working Group Automotive Supplier Industry", approximately 900 Austrian companies work directly in the automobile supplier industry. While the use of EDI is standard practice among large suppliers to automotive corporations (OEMs), some subcontractors have yet to embrace this technology.
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Every year, PGV Austria, a magazine and newspaper distributor, delivers approximately 5,250 publications from 290 different publishers to 8,400 retailers. Sophisticated logistics processes must be in place to achieve that. For more than 20 years, these have been handled exclusively via EDI using eXite.
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It is particularly important when a company wants to switch its ERP system and update its EDI processes at the very same time. This was successfully done at GoodMills Bulgaria, with hands-on support by EDITEL.
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It is not only this crisis, which is hopefully merely temporary, that poses ever-growing challenges to the industry. An increasingly complex market environment, guidelines imposed by authorities, and fast-paced changes all force companies, especially SMEs, to be quick to adjust and evolve.
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EDI is a perfect tool for optimizing business processes. Many steps are automated, especially in the case of integrated solutions. This leaves little to no room for mistakes because almost no manual action is required. However, there are a few basics you should keep in mind.
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