Given the huge impact the EDI system has on global business, there is still a lot of room for improvement in the improved business processes. One of these potential holes in inventory analysis in EDI systems.
With the now efficient EDI service, your company can easily monitor products, accounts, and documents through the additional integration of inventory check documents and manage them better than ever before. You can find the best edi inventory system via https://www.cin7.com/features/built-in-edi/.
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What is an inventory document?
Inventory documents are electronically generated documents that suppliers can use to communicate all types of inventory information and product updates with their trading partners. This makes the whole process smooth and automatic.
The main areas where you can benefit from inventory documents:
Simplification of product questions and suggestions: An inventory survey provides information on a specific quantity of a product that a supplier has previously purchased.
Simplification of business decisions: From initial information on product availability, retailers make decisions, i.e. whether he places an order, does an advertisement, or even chooses another supplier, if the uptime of the first product seems short.
Ensuring Efficiency: Since the promotional flow described above makes it easy for suppliers to notify retailers of overloaded products at lower prices, this prompts retailers to offer special promotions or pricing.