How EDI for Shopify is Required and Why it is Useful?
Today, many efficient EDI integrations are changing the dimensions of online business. The development of EDI solutions has turned out useful for online businesses in streamlining their key processes and driving the output. The powerful EDI for Shopify is one such EDI solution that is the best available option to deal with the crucial online business tasks.
Now, before understanding what is EDI for Shopify and its advantages, let’s have a quick view at Shopify.
What is Shopify online store?
In recent years, the Canada-based online store, Shopify is slowly increasing its market presence across the world. It is rich in functionalities and assists both businesses and individual sellers in achieving their goals.
Shopify serves as the 3-P online platform and helps in building a well-structured online store. With it, creating a selling space for different products, and promoting them becomes much easier. But, a certain monthly subscription fee must be paid for this service.
So, anyone can easily open an account in Shopify, subscribe to the service, showcase the products, and sell directly to the customers.
Now, you may ask why Shopify EDI is required for, that too for an online store, and how the EDI eases online business operations? Let’s find out the answer to these questions.
Why is EDI for Shopify required?
As mentioned earlier, Shopify is utilized by individual sellers as well as businesses of all sizes. Both of them can easily sell their products to interested B2B and/or B2C customers. On the other hand, Shopify also provides them a competent platform to run their business on single or multiple online stores easily.
But, when the business grows more, introducing new products to the website or online store becomes tricky. The effective handling of multiple product listings demands a considerable amount of time. Also, updating and handling many inventories becomes a difficult task.
Moreover, improving overall efficiency has turned out to be essential for any business in the present time. Because most of the online platforms are looking towards integrating Drop Shipping in their business model.
In such conditions, the EDI for Shopify becomes highly useful as it offers many benefits in this regard. For instance;.
Dropshipping is gaining popularity these days due to rapid technology growth. With it, the businesses are not required to carry their product inventories anymore. When an order gets placed for a specific product, the business forwards the order to the product manufacturer who directly ships the orders to the customer’s address within the scheduled period. Hence, there is no need for storing different products at the local warehouse.
The EDI plays an important role in making drops shipping simple and hassle-free. It not only eases different processes but also facilitates smooth contact with trading partners. Besides, it further supports error-free data exchange and ensures vendor compliance.
- Business data exchange:
With the integration of EDI, businesses can quickly exchange crucial data with their trading partners. The flow of data is much faster in EDI as compared to e-mails, faxes, or phone calls. More importantly, there is no risk of any kind of data tampering in the case of EDI.
- Order processing:
The EDI facilitates easy order processing as all the key documents linked to procurement are sent quickly. With it, several papers can be exchanged without any human interference, for instance,
- Purchase Orders – EDI 850
- Advanced Shipment Notices – EDI 856
- Purchase Order Acknowledgements – EDI 855
- Invoices – EDI 810
Once the business receives EDI 856, it can contact the customer to inform about order shipping. Furthermore, the quick exchange of EDI documents also simplifies the entire ‘pick, pack, and ship’ process.
- Real-time monitoring:
By automating the data entry process, EDI facilitates quick and accurate updating of multiple inventories. With it, businesses are not only able to track the data, but also can easily access real-time data.
- Bulk data:
EDI integration becomes more vital if the businesses are dealing with large volumes of shipments daily. It syncs the Shopify with different business systems and eases the EDI data process.
- Shipment tracking:
Nowadays, the majority of online customers are preferred to be informed about their orders at any moment of the day. They want to know each information right from the order acceptance to the product delivery at their doorsteps. The integration with EDI comes extremely useful in this case. Since, it supports real-time tracking of orders processing and shipment.
- Business expansion:
Most of the online business platforms, currently, are asking their suppliers for EDI integration. Thus, in the next few years, EDI integration might become a compulsion for surviving in the business world. The businesses that are looking to expand their businesses must think of investing in an efficient EDI solution at the earliest.
As you noticed, the EDI integration offers great benefits for any business. With it, the business can easily add new vendors to the supply chain to offer a wide range of products in its online store. Further, it streamlines transactions with the trading partners and boosts strong relationships.
In this hostile market, the success of your business is mostly determined by your enhanced output and improved ROI. These can be achieved by simplifying key processes and reducing day-to-day expenses. Besides, the presence of vast product offerings in your online store may boost sales.
The execution of EDI for Shopify may make everything possible. For your business. So, integrate a powerful EDI into your business at the earliest to achieve success.
If you have more questions about EDI for Shopify? Contact one of our EDI Experts representatives.