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Emerging European Trends in EDI
iReach, Dec 2005, Pages: 18
In this report we examine the emerging trends in Electronic Data Interchange to explore the value it generates to not only organisations but to its stakeholders. EDI can minimise staff involvement and reduce the delays and errors that include the manual processing of business documents.
EDI allows organisations to cut costs by simplifying and streamlining business procedures through increased efficiency and improved customer service levels. It also cut costs through decreased safety-stock inventory levels and diminished administrative requirements.
Despite numerous predictions on the contrary, we have found that EDI usage continues to grow, with ASC X12 and EDIFACT data standards remaining the dominant protocols in the B2B world and EDI-related network traffic volumes increasing globally between 5% and 10% during the last eighteen months. There are a number of reasons for these developing trends, all of which are critiqued in this report.
We review the influence of the internet in modifying EDI software and services to proactively capitalize on market innovations.
This report examines the latest software on offer that has made it significantly easier to adopt EDI technology due to lowered cost internet competition and increased connectivity.
The trends in the international and domestic environment identify the key growth market for organisations across different industry verticals. We breakdown the key service and product requirements that are forecasted for 2006 to reveal valuable insights for organisations from a variety of industry verticals such as retail, food and distribution.
Why buy this Report?
- It identifies Future trends in EDI for 2006 that can act as a useful foundation upon which organisations can plan and proactively consider their EDI infrastructure.
- It highlights key innovations in EDI across industry verticals
- It reviews the growing international developments incorporating EDI usage
Topics Covered:
- Supply Chain Management
- RFID
- RosettaNet
- XML
- ebXML
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