Intoduction What is an EDI Trading Partner? Before delving into the financial implications, it’s crucial to understand what an EDI trading partner is. Essentially, an EDI trading partner is a business or entity with whom another business exchanges electronic documents, such as purchase orders, invoices, and shipment notices, using standardized EDI formats. Suppliers Losing Approx. […]
Introduction In the competitive world of digital commerce, providing accurate and compelling product information is essential to attract and convert customers. However, managing large catalogs of diverse products across multiple channels can be challenging, leading to inconsistencies, inaccuracies, and delays in product updates. To overcome these hurdles and maximize sales potential, businesses can leverage a […]
Define GDSN GDSN stands for Global Data Synchronization Network (GDSN) and is the world’s largest product data network. GDSN makes it possible for any company, in any market, to share high-quality product information seamlessly. Because companies of all sizes need the same thing—timely and reliable product information—to ultimately benefit consumers and patients. The GDSN enables manufacturers and […]
What is a GPC? The Global Product Classification (GPC) is part of the GS1 System of supply chain standards. GPC is the chosen standard classification system for the Global Data Synchronization Network (GDSN). How does the GPC work? The GPC standard helps global trading partners to group or categorize products in the same way, everywhere […]
GTIN stands for Global Trade Item Number. The Global Trade Item Number (GTIN) can be used by a company to uniquely identify all of its trade items. GS1 defines trade items as products or services that are priced, ordered or invoiced at any point in the supply chain. GS1 Global Registry holds information on who […]