Today, companies operating in international markets have to face many challenges when it comes to managing their supply chain. Getting a product to the right destination and as quickly as possible is no easy task. The manufacturing, transportation or fiscal and tax requirements of each country are just some of the aspects to be taken into account to achieve optimum service to the end customer.
Nowadays, supply chain management, or SCM, is no longer relegated to the company sidelines, but goes even further and includes a broad network of partners in various markets: suppliers, distributors, logistics providers, brokers, government departments, etc. In an ecosystem like this, the spread of technology and electronic data interchange systems (EDI) have been crucial in ensuring supply flow efficiency.
The Just in Time approach, initially used in the automotive industry, is becoming increasingly prevalent in a larger number of sectors. The aim is to cut management costs as far as possible and avoid warehouse losses due to unnecessary actions. In this sense, real-time information sharing among all supply chain stakeholders is indispensable for the process to run its course properly. Through electronic data catalogues, such as EDICOMData, suppliers and distributors are able to synchronize information on their products quickly and easily.
EDI solutions automate many of the company's administrative tasks. In addition, the data processing capacity of the tools implemented in EDI solutions make it possible to integrate business documents with the ERP and centralized management systems. Orders, delivery notes, invoices, inventory… any file can be created and sent in the format required by the partner, regardless of the country they are in or their technological capacity. Automated mass dissemination of documents is another great advantage of this system: it allows the implementation of platforms such as Business@Mail, which ensure secure document sending, even to clients who do not have EDI.
Beyond the operational benefits in supply chain management, EDI solutions have also become our best ally to help meet the requirements of the tax authorities in each State. e-Procurement, the use of e-invoicing and, in general, progress towards so-called e-government make it necessary to roll out this type of technologies, which streamline procedures and provide a secure connection to the Public Sector.
Through the Public Administration Hub, EDICOM solutions can link up automatically with any state or supranational agency. In addition, a team of experts is charged with keeping them constantly updated in line with the legal requirements laid down by the competent authorities in each country.