Make Your First ERP Software Purchase Be Your Last

Make your first ERP Software Purchase be your last

Every growing company should consider using an ERP tool, that’s for sure. However, when it comes to using them, there are many variants that can make decision making difficult.

 

As a business grows, so do its needs. Therefore, the idea of automating processes becomes a necessity. With an ERP system, these tasks become possible. Among all the tasks that can be streamlined are expense management, inventory, packaging and many others.

 

The general objective of any ERP system is to integrate and streamline the different departments. Thanks to its implementation, it is possible to have a specialized program that will give more time to employees. Thus, they can develop in different functions that require special attention.  

 

Another benefit of these systems is the implementation of a real-time database. Therefore, finding accurate statistics about the company becomes a fairly simple task.

 

There are three fundamental steps that every apparel brand owner should follow in order to make a successful purchase.

Every growing company should consider using an ERP tool

Know your operations

Knowing the different operations that your company performs is a fundamental step when hiring an apparel retail ERP. This gives you the possibility of specifying the real needs of the business.  

 

The importance of the Operations Area of a retail company is based on the fact that thanks to it you can know different areas of it. Among other aspects, you can know who your customers are and the target audience you receive. Therefore, it will be more accurate to obtain information about which products are the most successful.

 

If you identify the main sources of income and the company’s audience, you will be able to make more efficient plans. Based on this, you will be able to properly identify the business’ needs and shortcomings.

 

From the above, you will be able to choose an apparel retail ERP that meets all the requirements of your company.  

Choose a provider

Choosing an ERP provider requires time and dedication, it is necessary to evaluate carefully to avoid mistakes. It is recommended to generally evaluate the different alternatives in order to find the right vendor.

 

One aspect that should not be overlooked is the supplier’s longevity. Knowing the history and the clients they work with is very useful to draw accurate conclusions about the service. If you find good results and longevity in several aspects, you will be closer to finding the right vendor.

 

In addition, it is recommended to choose partners that have a good level of technical expertise. Thus, an efficient execution of all functions related to process streamlining is guaranteed.  

 

An experienced supplier will always be able to provide viable solutions to the different problems of your company.

Know more about the updates

This is perhaps one of the most important pieces of advice, as it will ensure the continued operation of the system. 

 

The different updates that the system presents must be up to the needs of your company. In addition, you will see a high level of commitment if the vendor you have chosen upgrades on a regular basis. This shows commitment and willingness to keep improving in order to provide a better service.

 

The key to choosing a system of this kind is to evaluate all these tips and put on the table some options that fit the requirements of your retail company. If you follow the steps above, you will know how to choose the right Apparel retail ERP.

Apparel retail ERP

5 Main Benefits Of An Apparel Inventory Software

5 Main Benefits of an Apparel Inventory Software

The performance of any fashion business can improve with an apparel inventory software. All apparel business owners are constantly faced with new goals to meet. These can become complicated and confusing if you don’t have the right tools.

 

It is well known that human labor has been effective for most of history. However, today there are technological tools that help streamline the processes of an apparel business.

 

When looking to create a proper organization of the company’s resources, an apparel inventory software is a great option. With this kind of software, you can automate storage systems, which facilitates daily tasks. It is also capable of counting and analyzing the data obtained in order to establish effective plans for materials management. 

 

In this guide you will learn about 5 great benefits that this kind of services can offer to your company. So, read on if you want to find new ways to optimize the organization of your business.

apparel inventory software

Reduce inventory errors 

This is the most important factor when it comes to automating a company’s tasks. If you start using a system with AI, it is possible to minimize the amount of errors made. 

 

It is well known that with employees controlling the various processes of the company, there will always be a margin of error. However, by using an inventory software apparel, you will notice that this risk factor is considerably reduced. 

 

Suitable software will be able to issue notifications that reach employees. As a result, specific situations can be addressed, for example, if a product runs out of stock. In other words, any irregularities will be identified and dealt with quickly, without causing major damage.

Improve Planning/Forecasting

When using an apparel inventory software, all the details of the company will be recorded in a database. Therefore, it will be possible to use that information to create sales analysis and better plans for the future.

 

This is especially important whenever you are looking to establish a supply chain organization. Thanks to automated systems it is also possible to make accurate market predictions.

Customer Relationship Management

As in the previous cases, the data collected by the software are of utmost importance. From them you would get to know your customers by understanding they buying behavior regarding the products they prefer.

 

On the other hand, the relationship between the company and its customers can be greatly improved. This is given through a better interaction between both, since there is a greater communication channel to be served by employees.

Supply chain accuracy

A large part of the success of a fashion company is based on maintaining a good organization in the supply chain. All of these processes benefit from the use of apparel inventory software. 

 

By contracting these services, you will improve warehousing, packaging, and be able to track the sale of products.

Cost savings

Discounts cause companies to lose a significant portion of their sales because of overproduction of certain merchandise. Thanks to artificial intelligence software, this excess production is reduced and there are cost savings.

 

To conclude, employing an AI system in your fashion business would be a great investment. It is guaranteed company growth and a higher level of organization both in terms of customers and resources. Using an apparel inventory software is a step that all businesses should take in order to become more profitable.

employing an AI system in your fashion business would be a great investment

AI Technology And Fashion Industry: The Future

AI Technology and Fashion Industry: The Future

Fashion ERP systems have become an important part of the apparel industry. Fashion companies worldwide have changed a lot in the wake of the pandemic. As a result, there has been a considerable change in terms of the distribution chain and customer purchasing.

Given this need to upgrade, fashion ERP systems have also been evolving. This has been done looking to offer greater benefits to different companies. It has been proven that the use of AI brings great benefits to apparel companies. This is evidenced by detailing improvements in supply chain and customer relationships.

It is expected that technology and AI will continue to support the fashion industry for many years to come. Therefore, it is necessary to know the different ways in which the service can help companies.

How the fashion industry uses AI

Today, the fashion industry works by making use of the combination of humans and machines. Fashion ERP systems can positively impact critical aspects of companies.

These improvement factors can be varied depending on the use of AI. Among them is market knowledge, supply chain optimization, or customer shopping experience. 

How the fashion industry uses AI

Aspects in the fashion industry that are improved by using AI

There are many factors that can be optimized by using fashion ERP systems in companies. Most of these are related to tasks that can be automated. Among them are the following.

Improved market knowledge

Allows users to identify trends, preferences and analyze competitors. This can facilitate predictions regarding customer tastes. With this, it is possible to create pieces that please the desired audience.

Channel optimization

In physical channels, artificial intelligence can manage store traffic. This is done to personalize the experience and identify the products of most interest to customers. In addition, identifying hotspots can help optimize out-of-stocks and increase sales. 

Improving the supply chain

Today, inventory is often stored in specific locations and distributed among different teams. The merchandise then arrives in physical stores, online stores and wholesalers. 

This type of approach is no longer working in today’s world. AI can help improve demand forecasting, pricing, multi-level inventory optimization. In addition, it optimizes intelligent inventory management and replenishment.

It also improves real-time fleet tracking and transformed sales planning. 

Improving business competitiveness

Every time an agent performs an action, new data is generated. In this way, the supply chain becomes an internal source of data. This ends up being of great value to the organization.

With artificial intelligence, information flow and costs can be optimized. This significantly increases productivity through greater visibility into the quality of all agents, processes, and products.

Talent management and human-machine collaboration optimization

It enables the implementation of a collaborative “human-machine” model. This gives a much greater value to a company’s personnel. Therefore, new growth opportunities are created in terms of employees’ professional development. 

This software allows employees to focus on tasks requiring human creativity and sensitivity. On the other hand, AI will seek to optimize the processing and analysis of data from various sources in real time. These kinds of opportunities allow us to see major improvements in business using fashion ERP systems.

Talent management and human-machine collaboration optimization

Benefits Of Apparel ERP Software For Your Business

Benefits of Apparel ERP Software for your business

Apparel ERP has seen a huge change in relation to the apparel and textile industry. This is also due to the growing evolution of the internet and social media. As a result, various apparel brands have sought to make the most of their resources.

Online shopping is growing more and more in terms of lifestyle. Therefore, every owner of and apparel brand needs to keep up with it. Using an Apparel ERP software is an ideal option if you are looking to optimize your online sales.

What is an ERP software and how to choose one 

An ERP is a program that allows you to manage your business’s resources. With that in mind, an apparel software will help to keep organized all aspects related to your merchandise.

If you’re looking to use an ERP system, you will surely find a wide variety to choose from. Therefore, there are several factors that an owner should consider when starting the process.

Factors to consider when choosing an apparel ERP software

When looking to optimize sales through an ERP system a company should consider:

  • Capacity for growth and optimization of the system:

    Whenever seeking to optimize processes it will be necessary to be constantly updated. Technologies advance continuously; therefore, the company’s software must do the same. This allows you to keep up to date with the best ways to classify and organize the apparel.

  • Versatility of ERP software:

    It is vitally important to get the most out of the service. This would streamline processes such as supply chain, developing effective plans or optimizing distribution.

  • Effectiveness in meeting objectives:

    It is well known that all businesses operate in different ways. Therefore, sometimes specific software does not fit the needs of a company. Consequently, it is necessary to carefully evaluate which processes need to be improved. After that, it’s important to evaluate different service providers in order to obtain the best results.

Factors to consider when choosing an apparel ERP software

Ways in which an ERP System can improve an apparel company.

There are several ways in which using an ERP system can improve a business’s performance. Among them are the following:

It lowers expenses.

When a company chooses functional software, this will end up optimizing the costs. This process is carried out using AI. One of the objectives of the latter is to analyze a business’s expenses. From this analysis, a better budget can be planned to have costs under control.

Consider all users 

Online shopping has become an indispensable part of the global apparel market. With that in mind, ERP systems have taken care to consider the needs of a wide variety of customers.

Facilitates inventory processes

Apparel ERP systems are especially useful when it comes to inventory. They classify merchandise in an organized manner and can even automate the transportation of merchandise. 

After knowing all this information, you will be able to draw an accurate conclusion. You’ll see that both your company’s personnel and the processes you develop can be improved with AI. Therefore, whenever a company is looking to optimize and keep up with the competition, an ERP software apparel should be a great option.

Apparel ERP systems

Apparel EDI Set Up

EDI

EDI Set Up Using BizLink

How to set up the EDI invoices creation to run at night.

– Only invoices shipped through Fedex or UPS using processes Prpsinti and Ptrktrnsf will generate an EDI invoice at night.
– Freight used needs to have clicked the option: ‘Automatic invoice when packing’.
– Customers need to be set up as an EDI Trading Partner for document 810 (Invoice).
– Scheduler has to have scheduled the process: Prpsinti, Ptrktrnsf and Pediinvq to run everyday and Prpsinti and Ptrktrnsf have to have ObjSchNbr < Pediinvq ObjSchNbr so they run before Pediinvq (or else cause status to finished Q again).

EDI Cross Reference Price Validation

Option can be found on the Customer Master under the EDI tab. Options are: “Check against the Cross Reference/Price List/Style Color/Style” will check in the hierarchy described in the description. The incoming EDI price will first try to validate against the cross reference. If there is no cross reference price, it will validate against the price list for the customer. If this is not found it will validate against the style color price and finally the style master price. “Check against Cross Reference” will validate the incoming EDI price only against the cross reference price. “Ignored and price taken from Price List/Style Color/Style”. The incoming EDI price will be ignored and the first price found between the price list, style color or style master will be loaded into the order.

Impact of Information Technology in Garment Industry

You can’t overlook the importance of Information Technology in the industrial as well as business sectors. Just like any other industry, garment or textile industry is strongly dependent on information technology and the reason behind so is, to ensure that their departments are running smoothly. Using IT, businesses now are creating a strong impact on the global market, within a short span of time.

Today, we are here to talk about the growing importance of Information Technology in the garment industry and how the technology is benefitting and changing the apparel industry.

Defining the Role of IT IN Garment Industry

Like the other industrial sectors, Garment industry has separate IT departments that manage the supply chain. This tech savvy department delivers the much needed edge to an organization. Many of the companies are using the technological power to add value to their business.

Excess inventory is considered as one of the common problem faced by the managers which further results in poor sales, low price, less demand and all these finally leads to customer dissatisfaction. The procurement process in traditional garment industry is extremely slow. Thus the retailers need to focus on demand and recognize consumption trends at the very initial stage. Not having clarity about future leads to early stock out and overstock.

It was getting difficult for the garment industry to carry out several processes involved right from designing, getting approval, to payment issues. This is when you need IT the most. The more you share information with customers all over the globe, the more your business will get popularity in global platform. Planning is also an important part of garment industry. The supply chain members decide their roles which is perfectly coordinated through the IT system.

With e-commerce websites gaining popularity, customers are looking for products online. Without IT, it is not possible at all to help your products reach the customer. Companies prefer direct route to consumers by scrutinizing individual customer’s tastes, habits and preferences. Why wait for the customers to visit your shop, when you can promote your business online? This is the reason why Internet has created quick response system. With the help of web enabled technology, you can have automatic customer replenishment system.

Enjoy the Benefits:

  • IT enhances the method of analyzing the Demand and Supply
  • Helps in designing as well as developing samples
  • Online promotion of products
  • Facilitates the process of manufacturing and dispatching
  • Strongly helps in human resource management

IT tools and apparel software systems that are popular in Garment Industry

  • CAD/CAM systems for pattern making, plotting etc
  • Online FIT approval,
  • Computerized cutting machine
  • ERP for inventory tracking, production management,
  • Preparation of MIS reports
  • Voice chatting,
  • Semi-automatic and fully automatic sewing machines and
  • Communicating through Skype
  • PLM software

Without IT, it is not at all possible to reach the global market anymore. If you want to rise high, all you need to do is proper execution of IT.

In the current fashion industry, Information Technology has taken a vital role in a company’s success. It is impossible to sustain a competitive business without proper software technology adjusted to the fashion industry’s characteristics. Every day, and with every technological advancement, having quality Information Technology software becomes more important. It becomes increasingly clearer that those in the fashion industry that do not make a conscious effort to maintain their technology up to date will inevitably lag behind their competitors.

Why the Textile Industry benefits so much from I.T. (Information Technology)  Support

The textile industry is an incredibly complex industry, with a constantly increasing amount of different processes, operations, transactions and departments.

This implies that the fashion industry stores and moves huge amounts of data and information.

The faster and more efficient you are at handling this information, the better your business will be. 

This is why the impact of information technology in the fashion industry is so high, and why software technology for the textile industry is such an important subject.

What Information Technology can do for your fashion business

Information Technology in the fashion industry has numerous applications.

As you can imagine, software can aid your fashion business to generate reports and logs. But its uses are not limited to this at all. 

Fashion industry’s supply chain involves a lot of different parties, both internal and external. Getting a product out implies a very long and arduous sequence of steps. This process is plagued by inefficiencies, due to factors such as slow information  transactions between departments (something that needs to be done constantly in the fashion industry), unclear information, losing important data, an incoherent information flow, and many more.

Software technology for the fashion industry can aid this process tremendously. Giving the company a much tighter control over the information being handled, providing much more efficient and convenient means of transferring this information between the departments that  need them, ensuring that access to sensitive information is reserved only for those that have proper authorization.

Furthermore, Information Technology software for the fashion industry can allow the use of new business models, such as E-Commerce, where you sell to businesses or directly to consumers through the internet, or E-Retailing, where you use technology to get clients to know about your business and its products.

How information technology can also aid your Product Lifecycle Management

In addition to the previously mentioned technology, there also exists software for the fashion industry specifically aimed at aiding with the design and manufacturing process of garments.

This type of technology provides companies with simple and easy-to-learn interfaces for creating 3D prototypes of their products. This also allows for comfortable communication and participation of the different departments that are involved in the design and production process.

Moreover, this technology allows for fast prototypes to be created and shown to interested parties (customers, for example) before the actual garment is fabricated.

It’s clear that software technology plays such a vital role in the fashion and garment industry that it simply cannot, and should not, be taken lightly.

Top Tech Trends Ruling the Fashion Industry

Today, when we think of purchasing something, “online” is the word that instantly hits our mind. You can simply research about apparels or any other product on your mobile devices or internet and purchase the one you think will suit your style and persona. It’s so simple…isn’t it? Gone are the days when fashion existed only for the wealthy class. In the last few decades, a lot has changed in the world of fashion. Technology influenced the entire fashion industry to a certain extent, making all types of fashion easily accessible for everyone.
Though it is difficult to divulge where technology will take fashion in the coming years, we are here to discuss about the top tech trends ruling the fashion world or industry.

  • Influence of Smartphones

Nowadays, consumers make use of their smartphones for shopping and purchasing. According to Chris Mason (Branding Brand CEO), “Smartphones are redefining the way retailers are connecting with consumers, and it’s clearly being reflected in the bottom line”.
This is the reason why fashion retailers are trying hard to build up a proper mobile experience that meets the expectations of shoppers.

  • Designing for Online Stores

In an ambience where you can’t touch or feel a product, your responsibility is to create fashion that captures the attention of customers. One part should focus on the way you present and market your brand or product and the other part should include the visual aspects of the product.
Because of virtual browsing, richly textured fabrics and impactful prints are getting more attention. On the other hand, apparel business software solutions allow designers to experiment with their creative ideas. Retailers are capable of using technology for data collection and interact with shoppers on social channels. This helps them make strategic adjustments for better consumer success.

  • Wearable Technology

Wearable technology will dominate the fashion industry in the coming years too. Everything from your shoes to your bag, your watch to your specs will be smart. After the emergence of Google Glass, everyone was in doubt about its existence. But making those glasses more fashionable served as a vital factor for consumers getting attracted to it.
Just imagine your clothing fitted with solar panels in the future. Strange…isn’t it? When technology is developing so fast, we can surely expect of something like this in the future decades. Anything can happen!

  • 3D Printing

3D printing technology is opening new doors for the fashion designers. It is all about innovation in materials and processes for producing and designing clothing. The CAD software make pattern designing easier, offering less lead times for producing items, enabling designers to produce items without any expensive initial layout.
3D technology also allows items like jewelry, eyewear and buckles that carry unique designs and trademarks, to be copied cheaply and quickly.

  • Fashion Shows Organized as Tech Events

Today, production companies are making use of technology to escalate events to new heights. Fashion shows have now become technological extravaganza as they are a forum to unveil the latest creations by the latest designers. Bloggers as well as retailers broadcast live from events to voice their opinion and influence purchasing decisions of shoppers and buyers to a great extent.

  • Tech at its Best

In-store shopping is revolutionized through innovations that are both functional and creative. Retailers can now cultivate more satisfying experience that fulfills the expectations of shopaholic people.
Features like virtual fitting rooms that help you try on apparels without undressing and scannable QR codes that set off product information and marketing displays on handheld devices are using tech to engage shoppers.

Conclusion

Fashion may be changing every day but the impact of technology in the fashion industry will continue to disrupt and improve the customer experience. Fashion conscious people will definitely love experimenting with the latest trends ruling the fashion world as they are exposed to loads of options and benefits.

Data Migration

Data Migration

Dynamic method to migrate data from excel sheets, for example when importing data to master tables for a new implementation or any other import to any table on the system.
First, it is needed to set up the excel project in the menu CONFIGURATION, Data Migration, Dynamic Imports tab.
A dynamic import is an excel project with a 3 levels structure: the main level where to set up a description and excel file path, second level with tables where need to set up the action to be done, the excel sheet name and number of rows to be processed. And third level for columns where it indicates the mapping between the table attribute and the excel column.

Click New Dynamic Import to create a new excel project, this will allow you to enter the project and action levels.

Finally, option Execute will process the actions defined in the project.

Growing Significance of Ecommerce ERP Integration: Why ECommcerce makes sense for Wholesale

According to a recent study by the Commerce Department, “web sales are rising rapidly every year. This is the fifth consecutive year in which the web sales increased by 15% or more”. Ecommerce has increased even faster during the Covid-19 pandemic. Changes that were probably going to take five to ten years, happened in just one or two years. For small and medium sized companies, it is hard to adapt to this very fast-changing world.

ECommerce is any channel that facilitates you to make online sales. Different channels include your own webstore run by Magento, Amazon, eBay or Shopify.

On the other hand ERP is a system that manages business data or back office operations for example NetSuite or Microsoft Dynamics AX or Microsoft Dynamics GP. ECommerce has become the number one platform that helps businesses increase their sales prospects.

If you are a wholesaler then you shouldn’t miss on eCommerce ERP integration, which is a must have if you want to streamline your sales and distribution.

Most wholesale companies rely on an accounting or ERP system combined or integrated with an inventory management solution to run their daily wholesale operation.

The need for eCommerce ERP integration is usually ignored because these type of integrations usually have a high cost and require careful planning to avoid business interruption caused by the change in existing computer systems. But the integration has a vital impact on your operations and customer experience.

Why it is Crucial for You Organization to Integrate eCommerce and ERP

  • It allow you to function more proficiently as a business. Your main processes – orders, inventory, customers, and shipping/tracking – are communicated effortlessly between your once independent systems. ECommerce and ERP integration has the capability to harmonize information between systems and enables them to co-operate with each other.
  • It trims down the hassles of manually entering data from one system to another. It saves time and lessens the errors, when entering order, inventory, item, and customer and shipping data.
  • ECommerce ERP integration lets you to easily account for new orders and process these orders without delay, regardless of where the sale is made.
  • Through this integration the tasks like products and pricing can be managed from one place which allows you to have precise and reliable information of the product.
  • With streamlined inventory synchronization you can track updates, and give exact inventory levels to customers, avoiding backorders, delays and reducing customer service load.
  • It automatically notifies the customers when orders have shipped and they can easily track the delivery of products.
  • When you run multiple business systems that are not integrated, many times the information does not match, resulting in mis-communication and repetitive bi-directional data entry. The integration of ECommerce and ERP eliminates these problems.

In today’s fast moving and competitive business world the integration of eCommerce and ERP is a requirement to wholesalers, just as it is to retailers. It improves the way in which your data is processed and it ultimately improves the company’s performance.

Are you seeking expert assistance for your fashion brand’s ERP requirements? Get in touch with InStyle today!

Apparel EDI: Changing the World of Fashion Industry

Fashion industry, to describe in the simplest form, is the business of making clothes. However, this illustration does not justice the clear distinction between clothing, fashion, and apparel. While apparel is functional clothing, fashion incorporates its own prejudices of style and individual taste to apparel. To take it to a further level, the fashion apparel industry is evolving at a rapid pace, especially over the last two decades. Highly changing dynamics of the industry have forced fashion apparel retailers to desire flexible designs, higher quality, and low cost. Meanwhile, apparel EDI (Electronic Data Interchange) is becoming a widely accepted practice for fashion and apparel manufacturers and wholesalers to remain competitive in an increasingly demanding global marketplace.

Let’s take a look at how apparel EDI is changing the world of the fashion industry.

EDI, as the name suggests, is the electronic interchange of structured data according to agreed message standards between computer systems. This information exchange is in the context of pure EDI that effectively proceeds without human intervention. While fashion professionals struggle with tight deadlines, top efficiency, and hiked margins, EDI allows companies to improve communication with B2B partners, to ultimately transfer the required data seamlessly and streamline the entire process within the given timeline.

Moreover, fashion companies are able to quickly get desired products to the market with reduced margins and improved efficiency. Manual data entry is time consuming and can naturally be associated with human errors. EDI automation, on the contrary, helps them save a lot of time as well as money – without manual errors. Since EDI enables fashion professionals to transfer their business documents quicker than ever, they can achieve their goals faster and more efficiently. It effectively cuts time from the order fulfilment cycle to accelerate information transfer and order processing.

Today’s fashion merchants are embracing the advantages of apparel EDI to improve inventory optimization and SCM integration. If you still haven’t recognized the necessity of incorporating EDI in your business processes, this is the right time to know that in such a globalized world, it’s critical to establish an electronic relationship with retailers and partners so as to expand your sales channels. In fact, you can hardly sell in the big leagues without EDI.

Advantages of Apparel EDI

  • Improved order accuracy
  • Better operational efficiency
  • Faster communication of critical information
  • Shorter order processing time
  • Lower transaction costs
  • Stronger customer relationships & improved customer service
  • Greater visibility to the global supply chain

Apparel EDI has become a vital part of the fashion industry, and a major player in determining the success or failure of a business.

Being a constantly evolving and ever changing industry, it’s absolutely imperative to adapt to the current market trends and the changes in the consumers’ buying behavior and patterns.

A recent trend seen in the fashion industry, and in plenty of other industries, is E-Commerce. E-Commerce is the sale of your products through online mediums (a website, for example). Companies that do not incorporate E-Commerce into their business are limiting themselves and their potential.

Instead of relying on clients having to go to your retail store and make their purchase there, they can simply look at your different products online and go through the entire purchasing process from the comfort of their home or office.

Apparel E-Commerce and fashion EDI go hand-in-hand. Implementing an E-Commerce business model in the fashion industry implies handling huge amounts of data and information, and having constant transactions between a lot of different (both internal and external) parties. Since wholesale EDI software helps companies manage and streamline their information, it becomes practically a necessity to incorporate some sort of apparel EDI to your business if you are adventuring into the E-Commerce world, or even if you’re already using E-Commerce in your business.

For this purpose, fashion companies incorporate apparel EDI into their day-to-day operations.

How does apparel EDI software help fashion companies?

EDI stands for Electronic Data Interchange, and it’s a simple electronic format made to replace paper-based documents. EDI allows for information transactions to happen seamlessly between different applications.

EDI helps companies with a lot of different elements of their information transactions, such as:

  • Sharing documents: Sharing documents is one of the most common administrative tasks apparel companies have to do, so it’s important to be able to do it in a way that is fast, easy, and reliable. EDI is a type of technology specifically built for this purpose.
  • Improving inventory visibility: linked to the previous point, EDI allows for all interested parties, both internal and external, to see the numbers in the different departments. For example, buyers can see an updated count of how many jackets are left in the warehouse.
  • Tracing documents: Making sure every involved agent can, at any point, know where the document is located and whether or not it has successfully reached its destination.
  • Accuracy: Since the possibility of human error is greatly reduced, EDI makes for much more accurate processes and transactions. Since every human error needs to be fixed, and therefore implies a cost, it becomes clear how much the perfect accuracy that EDI provides helps improve efficiency and productivity.
  • Cost effectiveness: as mentioned before, EDI automation heavily reduces the human involvement in information processing and management. This allows the previously involved manpower to be transferred to other sectors or tasks, therefore providing even more value.

It becomes clear that apparel EDI is the future of the industry, and a necessity for companies interested in staying competitive.

Are you seeking expert assistance for your fashion brand’s EDI requirements? Get in touch with InStyle today! Visit https://www.instylesoft.com