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4 Common Supply Chain Pitfalls and How to Prevent Them

The role of the supply chain in an enterprise’s operations are changing. Businesses continue to create value for their customers by providing fast delivery right to their doorsteps and optimizing websites for more convenient mobile experience. While these changes are occurring, several supply chain pitfalls also emerge. This should not be a surprise, considering the number of suppliers involved in a…

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edi

Embracing The ROI of EDI

Electronic trading is rapidly replacing human trading all over the world. Many large organizations such as high tech, automotive and retail companies already recognize the significance of Electronic Data Interchange (EDI) in their supply chain process. By replacing manual processes, they are able to manufacture high volumes of products without increasing labor costs. What should drive businesses from investing in…

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compliant

eInvoicing in Europe? What does it mean to be compliant? What are the requirements?

Each country has its own unique set of rules and regulations and maintaining compliance is one of the key challenges for e-invoicing. While B2B efficiencies can be captured through Electronic Data Interchange, you need to adhere to government requirements in compliant e-invoicing in all countries you do business at. Regulations have different requirements and adhering to them is what it…

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PIDX: Forced Compliance within the Oil and Gas Industry

The approval of the latest version of PIDX standards marks another turning point of the oil and gas industry. It is an important element to increase standardization of billing communications and supply chain management. With the diversity in the national standards and technology solutions, international suppliers need standardization and connectivity. With a pool of international companies adopting the new PIDX…

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ebXML: Global Standard for E-Business

Electronic business XML or ebXML is an international enterprise founded by the OASIS or Organization for the Advancement of Structured Information Standards and the UN/CEFACT or United Nations Center for Trade Facilitation and Electronic Business. It is established to standardize XML business specifications. It also serves as a framework that enables XML to be used in electronic data exchange consistently….

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GS1 Standards: Global Business Language

Whenever I run into people in the industry, I often ask them if they are aware of the GS1 standards organization and the answer is an almost overwhelming “no”. The fact that they are using the standards supported by GS1 is the main reason why they need to be aware of them. So, I take the pleasure of explaining to…

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What is “Managed File Transfer”? Why do companies need it?

Many companies, both large and small, have certain issues they want to resolve. One of the areas they are at risk is the transfer of files within the business process. Business processes rely on efficient transfer of important business records between people and applications. In fact, the transfer happens more frequently between applications. Approximately 2/3 of the purchase orders, invoices,…

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AgGateway and the 8 Segments Supporting the Ag Industry

AgGateway is a group of organizations that aims to promote, enable and expand the agriculture industry. Realizing the role of e-business to modern agricultural production, it enables e-business as a means to improve business processes, deliver excellent customer service, streamline the supply chain, enhance food safety and support viable agricultural practices. It brings people together in a collaborative process across…

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