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In business, electronic data
interchange (EDI) refers to the process of exchanging information between two
or more parties in order to exchange knowledge, opinions, ideas, etc. through
computer-aided systems.
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In other words, it’s like
having an open line of communication with your customers. If you want to
connect with them and reach out digitally, you need the right technology to do
so.
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There are different types of
EDIs that can be used by both companies and individuals in today’s highly
complex world. Below we have listed some examples of these technologies.
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B2B
EDI Integration :
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B2B EDI integration is
basically Business to Business Electronic Data Interchange integration. This
means that this is a way for businesses to interchange information
electronically automatically.
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In addition to E-commerce
sites, there are several industries where B2B EDI integration has become
increasingly important, such as Manufacturing, Pharmaceuticals and medical
devices. There is also plenty of use cases in various sectors that require B2B
EDI.
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B2B
EDI allows you to create and manage relationships with
your clients. Here they are your potential customers. You need to understand
their needs and preferences so that you can tailor your offerings according to
those needs.
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B2B
EDI technologies offer many advantages over traditional
methods, including flexibility, scalability, speed, security, privacy,
compliance, and access control, among others. However, at times, one company
may have better management tools and expertise than another, which might lead
to misunderstandings.
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Examples of how Companies are using B2B EDI Integration:-
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Below are some of the best
example of organizations that have implemented B2B EDI integration:-
· Aerospace – Airplane manufacturers are making great progress in leveraging advanced digital solutions to improve customer service. For instance, Boeing uses enterprise software called ‘Boeing Digital Twin’ to deliver virtual training for its employees, along with real-time updates on critical equipment and operations. Metropolis provides an integrated platform for managing and supporting all aspects of aerospace manufacturing.
It includes everything from production planning, material procurement, supply chain, employee training, quality assurance, safety, and regulatory compliance. Siemens Group – One of the most global leaders in industrial automation and controls, which has been able to transform operations by applying new technologies like robotics, 3D printing, AI, IoT, and cloud computing.
The company has leveraged B2B EDI to provide complete
support for its IT and OT infrastructure. General Motors – GM is a well-known
American multinational automotive manufacturer that has adopted B2B EDI to
integrate its business processes. They implement a comprehensive solution that
combines sales, marketing, finance, HR, and inventory functions.
· · A prime example is Google GOOG, an online marketplace powered by artificial intelligence and machine learning, which helps users buy products for sale. Microsoft Azure – Azure is a cloud computing service provider, providing services to developers and enterprises across the globe. Through B2B EDI, Microsoft has provided Azure customers the ability to automate workflows with ease. Amazon Web Services (AWS) is another organization that has embraced B2B EDI. Its massive database, analytics, and artificial intelligence capabilities empower businesses to enhance insights and make informed decisions.
· Twitter – According to Statista, the number of tweets posted daily increased by 46% between 2015 and 2019, which is why Twitter recently announced plans to expand into B2B EDI. The social media giant will allow third party integrations to help brands reach consumers who have previously been unable to engage with brands on a personal level. LinkedIn – LinkedIn is a professional networking platform that provides connections and opportunities to learn and grow professionally. Since the beginning of 2020, LinkedIn began offering B2B Edi integration to attract and retain talent within the network. Facebook — Recently, Facebook introduced B2B EDI features to help businesses share files and documents.
· By sharing links to files and documents with outside groups within the network, businesses can build stronger connections and increase visibility through the group.
Apple Computer – Apple is now
allowing external link uploaders to access iCloud accounts, allowing end-users
to share files, images, music, and videos securely. The same feature is
available on macOS to let iPhone users upload files to Mac computers.
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When companies start
implementing B2B EDI, they benefit from many benefits for themselves, including
cost savings, improved collaboration, increased revenue and productivity, and
enhanced brand awareness through audience development.
