When most SMBs think about implementing EDI with suppliers there is a common belief that you need to be forced into EDI by enterprise customers or other changes to business requirements. However, EDI is gaining momentum in becoming a non-mandated technology, delivering significant ROI for both customers and suppliers.
Implementing EDI with suppliers will minimize error-related costs. By opting to transact electronically with suppliers, carriers or public warehouses, SMBs can eliminate unnecessary labor and paperwork. Take for example ASN management and integration: vendors can send you an ASN at the time of shipment that is integrated into your purchasing, inventory and billing applications.
Large enterprises often mandate their suppliers to do EDI because it saves money, which goes straight to the bottom line. The same can be said for SMBs and it doesn’t have to cost an arm and a leg.