Chargebacks are a costly and irritating part of doing business. You’ll see chargebacks when you don’t get a customer’s order correct, or you don’t uphold your end of an SLA. While they’re costly and irritating, chargebacks don’t have to be a necessary part of doing business.
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Fifty years ago, the supply chain was simpler: manufacturing was fairly local (if it wasn’t near your business, it was probably at least in the same country), and you weren’t dealing with many supply chain partners. Fast-forward to today, when the supply chain is quite complex due to the fact that many trading partners are distributed across the globe.
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The world is trying to figure out the long-term impact of the COVID-19 pandemic months after its outbreak. Yet, some effects were immediately clear—specifically, supply chain disruptions. These disruptions wreaked havoc on businesses, leaving them reeling and in some cases, struggling to recover.
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It is a widely used technology that is the backbone of the way we do business today. Yet, it is widely unknown and misunderstood. What is it? EDI systems. This guide explains:
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COVID-19 caused major supply chain disruptions, yet it can’t be blamed for all supply chain management woes. A number of supply chain disruptions have existed since before COVID-19, and they can even exacerbate some of the challenges the global pandemic has created.
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