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If you are looking into getting into business with large retailers like Sears, Wal-Mart, Target, Costco, HBC, Amazon, etc., then you will most certainly require EDI. Nowadays, most large retailers demand that their Trading Partners exchange all documents, like Purchase Orders, Invoices, ASNs, electronically [EDI]. This may seem like such a hassle at first but once you find the right EDI Provider (at the right price), it’ll all become quite easy and quick. (To know what’s involved in the setup of EDI accounts by EDI Providers, read this article.) Read more
This post was updated to reflect current trends and information
Not long ago, most Enterprise Resource Planning (ERP) software solutions were too costly for small and medium sized businesses. Only the larger corporations were able to afford the high initial investments associated to these systems. This problem caused many SMEs to either adopt more affordable systems for the different aspects of their business or simply use Excel spreadsheets, etc. These outdated methods slow companies down and prevent them from expanding and growing properly and efficiently. ERP systems are designed to streamline and automate all aspects of a business, which in turn increases ROI considerably. Read more
