When you are getting started on your B2B integration project, your first step must be network documentation. There is no getting around it; network documentation is crucial.
Why does it matter so much for B2B integration? Network documentation enables you to assess integration needs, troubleshoot networking issues, and spot areas for potential improvement in the EDI environment.
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When you think of your B2B payment processes, what comes to mind? Do you think of them as being efficient and cost-effective? What do your suppliers and customers think? Do they find it easier to do business with you because of your processes?
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When someone says “the check is in the mail,” do you believe them? Or, have you been burned too many times before to trust that person? You are not alone; many business owners have become jaded by the lack of sincerity behind that phrase.
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The world depends on EDI, it has for decades. But the world is changing and with it, the future of EDI is evolving. Read the IBM point of view regarding the future EDI and blockchain.
In the coming years, blockchain will play a larger role in the supply chain. The technology brings greater transparency to every level of the supply chain, from suppliers to consumers. However, the question remains for many companies: how do we implement blockchain in supply chain management.
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