Job-Specific Pricing for B2B Customers Using eCommerce EDI System

Posted by Vogueboard Inc on October 17th, 2018

In the not so distant past, there really was no getting around paper-based transactions. Retailers typically used purchase orders, filled out and then sent to a supplier for processing. Once this purchase order has been processed, an invoice is then filled and mailed out to the retailer and the entire transaction is recorded in a manifest. Today, there are a lot of more efficient options that don’t require any paper trail. Paper and post transactions prove unwieldy, error-ridden, and time-consuming. Ripe for copy errors, it could also result in costly mistakes like wrong product shipments or wrongjob pricing, scheduling, and product quantities—hence the need for technological interference in the form of manufacturer B2B ecommerceEDI systems. 

Computer-aided filing work and data entry has made purchase transactions more manageable for businesses with quite a stable list of trading partners. However, basic systems like these may prove insufficient should you get the opportunity to trade through big-box retailers or perhaps larger scale marketplaces. For these applications, you will likely require manufacturer B2B ecommerce EDI or electronic data interchange. 

EDI is often a necessary access point if you ever want to expand your business and be able to trade with larger scale retailers. Electronic data interchanges are the very systems that companies use to send purchase orders and receive invoices, as well as to facilitate all direct exchanges of business documentations between each partner’s computer system. Big retailers require this of their manufacturers and suppliers as this allows for a more efficient exchange of information, especially when dealing with substantial quantities and frequencies of transactions. 

Electronic data interchange systems are by no means a brand-new concept. However, they take on new life as integrated manufacturer B2B ecommerce systems that enable computer-to-computer exchanges of critical business data, from business documents to purchase orders and transaction invoices in standard electronic formats. A major game changer in trade industries, EDI integrations come in the form of data and people-level integration, which refer to the automation business-data exchange between businesses (as in procure-to-pay andjob pricing processes) along with B2B collaboration between representatives of different companies that are facilitating business processes like new vendor registration and dispute resolution. 

About the Author:

Vogueboard is a cloud-based B2B platform that enables building material suppliers and their customers to connect for networking and process transactions services online. Vogueboard offers integrated ecommerce platform, CRM and Networking modules which provides all the necessary tools for a secure payment processing, and manage relationships and process online orders in a totally paperless medium.