EDI Flow in Retail Industry

 

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.

Retailers satisfy demand identified through a supply chain.

The term ‘retailer’ is typically applied where a service provider fills the small orders of many individuals who are end users rather than a large orders of a small number of wholesales, corporate or government clientele.

EDI for retail industry can be viewed as a vital part of general company strategy regarding business development & delivering best services to customers.

Implementing EDI into company system gives a competitive advantage & raises efficiency. EDI Integrated into internal inventory gives possibility to take full control over goods supply & their delivery to clients.

The supply chain in retail is a system with a specific structure & tasks. The main task is to always provide customers with products available. 

Retail cannot stick to occasional orders or orders with delays. It must support efficient flow in order not to send clients to competition.

EDI helps to facilitate delivery process control over stock keeping units, to reduce check in times and human errors.