How can you tell if your B2B integration strategy has been implemented successfully? One of the ways you can measure positive outcomes is by looking at return on investment. Yet, when companies look at B2B integration costs, they tend to ignore a crucial aspect of ROI: total cost of ownership (TCO).
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When you think of EDI systems, there are some very obvious use cases that come to mind, such as retail. However, EDI solutions are an excellent fit in a variety of industries and verticals, and the food and beverage industry is no exception.
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The next time you put your fork to your mouth or your glass to your lips, think about where that food or drink came from. Today, we know so much more about what we consume than “it came from some factory somewhere.” That’s due to greater traceability, which is, in no small part, thanks to lot tracking.
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It is an irritating situation. You ship a product to a customer, and when it gets there, you get an angry call that the invoice or advance ship notice (ASN) does not match the PO or the shipment. However, it is not just the angry call – there are chargebacks associated. Not only can too many chargebacks add up, but they hurt your reputation.
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B2B integration tools are used in, and useful to, a variety of industries. While the use cases for these industries look different, B2B integration tools can actually provide the same benefits to these disparate companies.
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