EDI and Candid
What is EDI?
Electronic Data Interchange (EDI) is a system or method for exchanging business documents with trading partners. These can be your suppliers, customers, carriers, 3PLs, or other supply chain connections.
EDI originated as a way for companies to send and receive documents digitally in a standardized way. It was widely adopted by many large companies, and though technology has progressed in leaps and bounds in most other areas of life and business, EDI has persisted and it's not going anywhere.
A simple example: Target creates an order in their internal system for your products, and that order shows up in Candid, all via EDI.
How Does Electronic Data Interchange Work?
EDI optimizes business processes by replacing manual data entry processes such as mail, fax, and e-mail with electronic exchanges of business documents between two companies that may use vastly different internal business systems.
Why do you need an EDI solution?
Because of the sheer number of orders and suppliers, large retailers like Target, Walmart, and Amazon make integrating via EDI a prerequisite for would-be vendors. If your B2B sales strategy involves these retailers, EDI becomes a necessity. While it may seem outdated and cumbersome, EDI remains the industry standard, powering tens of billions of dollars in transactions every year. Candid is a quick and cost-effective solution to make this often intimidating process a lot less painful.
Why choose Candid EDI?
- Candid offers a seamless and user-friendly experience, a stark contrast to the often cumbersome and unfriendly nature of EDI systems. Unlike EDI, Candid doesn’t demand legacy browsers or operating systems just to access the network.
- Even when it’s running smoothly, EDI is another expensive piece of your overall operations puzzle. Fewer moving parts make for a smoother and more cost-effective overall solution.
- Everything in one place. Consolidating all your data and operations into one centralized platform not only saves time but also minimizes the risk of costly errors and missed opportunities.
How Candid works with your EDI destinations
Everyone’s setup is different, but broadly speaking orders and inventory can flow back and forth between Candid and your EDI destination. Our dedicated team takes charge of the integration setup and testing, while working closely with the various stakeholders at your company. The rest of the experience retains the familiar and user-friendly features of Candid you already know.
To learn more contact our support team at: team@candidwholesale.com