Logistics make for an indispensable part of the entire supply chain. Transportation industry facilitates the movement of goods across continents for every sector, making it a driving force for the world economy. But this industry processes perhaps the most substantial amount of information that is being shared between supply chain participants via mountains of paper every day. Fluid communication & optimum exchange of information between logistics partners & other participants in the supply c...

The business environment in the retail sector has witnessed an incredible shift over the past decade. Nowadays, customers not only have a vast range of products to choose from, but they also have choices in regards to how they want to make their purchase. Modern Day Retailing Retailing these days is defined by two primary indices, Innovation & Choice. ...

Lately, several industries have opted for the digitization of their business processes. Moreover, post COVID19 is being marked as a new era of a paperless workflow by communicating all the business data electronically. Healthcare Digitization Healthcare industry has also been at the forefront of harnessing the digital change. This sector generates a massive number of documents in the form of patient documents, prescriptions, insurance claims, healthcare billing and more. Most of these...

Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. EDI includes business documents such as purchase orders, invoices, shipping notes, dispatch data and more. EDI Vs Traditional Systems Typically, such documents would have to be transmitted via paper, fax or mail. This information will then have to be processed manually by the receiver in their own system. This increases the overall t...

Fast Moving Consumer Goods (FMCG) markets witnesses dynamic demand that is generated from a range of millions of different products that are bought by consumers daily. Registering a rapid growth rate of 5.4% CAGR, today's FMCG market has become an extremely competitive environment. Retailers not only have to focus on increasing their revenue but also on providing an exceptional customer experience. It requires them to create a strategy that focuses on in-store as well as online sales. This,...