Why You Need To Automate Your Drop Ship Process Using The EDI Cloud Based Shipping Solution
Third party drop shipping has become extremely popular in supply chain management as this method offers e-tailers and eCommerce merchants an endless aisle without adding the extra costs that are typically associated with holding inventory in such situations. This typically works fine in many situations. However, many businesses find themselves in a situation wherein drop shipping is a very manual process. This can lead to many inefficiencies as well as errors thus resulting in less than optimal sales.
The right answer is to automate the drop ship process with the help of a cloud based solution called the electronic data interchange (EDI) provider. This has the capability to offer an endless aisle of virtual inventory.
- This means that you can offer an expanded product offering without the headaches of owning your own inventory. Thus, it becomes possible for you to instantly connect your Magento Store to hundreds of suppliers, who in turn can ship your product directly to your customer along with your branding.
- The best part of utilizing the EDI provider is that manual data entry is eliminated. Since as a trader, you are integrated with your trading partners, all EDI documents which are received, are translated and deposited directly into your internal systems. This means that docs such as QuickBooks, dynamics GP, M.O.M., are directed in to your internal systems directly, thus relieving you of unnecessary stress and mental strain.
- With the help of an EDI solution, Inventory updates faster as you can send a digital 846 document that replaces the paper inventory update. Since it is possible to send digital EDI documents quickly, you have the ability to work in real time. This ensures that the inventory is always up-to-date which also reduces back ordering.
- Also, the order-to-cash cycle is shortened. Therefore, automation with an EDI provider also consolidates much of the remaining data entry to just one point, which results in a much shorter order-to-cash cycle.
Following these four reasons will definitely help automate your drop ship process with the help of the EDI cloud based solution. Good Luck!!!