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Role of EDI Integration in The Global E-commerce Trends 2023

This post was updated to reflect current trends and information.

We get a lot of questions about the relationship between our EDI Services and e-commerce; So, we have decided to close this year by predicting the global e-commerce trends for 2023, and the role of EDI Integration in e-commerce. In this article, you will learn how our popular EDI2XML Fully Managed Services can help increase your e-commerce success in 2023.

The Global E-commerce Trends 2023

EDI Intergation and e-commerce

2023 is around the corner it’s time to plan your actions. E-commerce continues to show rapid growth, but competition is growing faster than the market itself. This means that it will be not so easy to “win hearts” of buyers, and you can lose them more easily. Customers will be more and more capricious about delivering goods and prices.

2023 will be the year when competition in e-commerce will reach a new level. More and more young companies are appearing in the online marketplace. The big, strong brands are heavily promoting their online offerings on the Internet. They are looking to occupy a significant part of the e-commerce market, because consumers are increasingly going online.

According to Statista  in 2022, e-retail sales surpassed 5.7 billion U.S. dollars worldwide.

E-commerce in the United States of America

Since the dawn of e-commerce, the main driver for the growth of this market was the United States. Online trading has become a global phenomenon, but the US remained one of the most important markets for e-commerce.

The annual increase in sales via the Internet has led to an explosive growth in e-commerce in the United States over the past 15 years.


According to Digital Commerce 360 US eCommerce grows 7.3% in Q2 2022


Although growth rates remain active, the US market is not so far from saturation point. We can expect that sales to stop growing at such a rapid pace.

The American e-commerce market gave way to China

The situation in the Asian markets is directly opposed, especially in China. According to forecasts, the rapid growth of e-commerce will continue in China. The growth of Chinese online sales is taking a huge share of the global e-commerce market.

Despite the large volume of sales in America, the world record set by the Chinese online giant Alibaba that records $56bn in first post-virus Singles’ Day sales, beating 2019 high.

According to John Caplan, head of North American B2B, Alibaba Group, More than 150,000 brands and merchants doing business on Alibaba’s online platforms.

Revenue is expected to show an annual growth rate of 13.9 % resulting in a market volume of US$956,488 m in 2022.

China e-commerce market

Source: Statista

The growth of e-commerce in Asian countries has serious consequences for companies engaged in online business. To benefit from the new trend, they need to enter the international market with their proposals.

EDI – unlimited possibilities to sell across the globe

The advantage of online trading is that you do not need a physical store in order to start selling in a new country. International delivery of goods is becoming more and more accessible.


Read: Must-Have BigCommerce Integrations


However, you should always keep in mind that it is practically impossible to carry out online business, without full integration of systems between your eCommerce platform and your vendors, including Electronic data interchange (EDI); especially we are now in the international trade and transactions are becoming very “time-sensitive”.

EDI and systems Integration, play a major role in e-commerce. To be a supplier of companies such as Amazon, Wal-Mart, Cabela’s, Bed Bath & Beyond, Costco, and other important retailers, you need to be able to send and receive documents electronically.

EDI has proved its reliability and importance for businesses. Processing orders in digital format automatically increase the speed, accuracy and efficiency of any business.

Fully Managed EDI Service for E-commerce

EDI2XML Managed Services is the perfect option for businesses looking to simplify their entire EDI and integration process with their Trading Partners. This service is ideal for businesses of all sizes, from various industries.

EDI2XML is a full-service offering. Our team of EDI and IT integration experts handle a company’s entire EDI project from start to end. All conversions of EDI files are done at our end, leaving customers with no on-site installation of software or hardware. Their EDI project is on time and within budget.

Keep learning about EDI integration and the MANY benefits it has for your online business by visiting our website EDI2XML.com or contacting us directly today!

Free EDi Consultation

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What is EDI (Electronic Data Interchange)?

eBook: EDI – Key Information You Need to Know

JD Edwards, or JDE, is an Enterprise Resource Planning (ERP) system by Oracle. There are currently two editions, JDE Enterprise One or JD Edwards World. In many ways, this ERP solution is great for corporate-level enterprises, as it offers many tools and connectors for data integration. One key challenge, however, that companies using a JDE system, no matter its edition, are faced with is the lack of ease for EDI integration within the system. Currently, there is no out-of-the-box integrated EDI solution or connector that would make this process easy, quick and seamless.

JDE EDI integration

Our team has encountered many companies struggling with this inefficiency. As we are not JDE experts, but instead EDI integration experts, we’ve teamed up with our partners at Magic Software Enterprises, who have worked in the JDE world for many years. By leveraging our combined expertise, teamwork and solutions (which will be mentioned below), JDE users can have an EDI integration project that is efficient, successful and within budget.

Therefore, how do we help companies overcome common EDI challenges with their JD Edwards system? By using our popular EDI2XML services, along with Magic Software’s powerful business integration platform called Magic xpi & certified JDE adaptor.

EDI2XML

Our team of EDI experts handle the entire EDI portion of the project, where we convert all EDI X12 or EDIFACT documents into the desired format that is requested by the client, such as flat file, XML, CSV, etc. For outgoing files, EDI2XML works by converting the XML / CSV file into the EDI format, requested by the Trading Partner. We take care of all EDI mapping, Trading Partner configuration, XML/CSV/flat file translations, and back and forth transactions with Trading Partners. Visit us at http://www.edi2xml.com


Read: The Definitive Checklist For Oracle JDE and EDI Integration Projects


Magic xpi for JDE

Magic Software’s xpi platform is an ‘Oracle Validated Integration’ solution that can be used to orchestrate the entire business process, no matter if you are using JD Edwards Enterprise One or JD Edwards World. It comes with a ton of built-in components to build workflows and streamline an entire business flow;

  • Database Gateways to connect with common databases, such as SQL Server, Oracle, DB2, Pervasive, MySQL, ODBC, etc.
  • Connectors that allow users to directly connect to JDE, SAP, Dynamics, Salesforce, etc.
  • Triggers & Data Mappers to monitor folders and to map from one file format to another.
  • Connectivity & Messaging through FTP, SOAP, MSMQ, etc.

Therefore, if an incoming EDI document is received by a company, our EDI2XML service will convert this file into the client’s desired format (let’s say XML), then using Magic xpi, will be mapped to JDE by;

  • Creating a step with a Data Mapper
  • Source: XML based on the EDI2XML .xsd (schema file)
  • Destination: the JDE table to feed from the XML format

Once the source and destination are defined, the user can use his or her mouse to drag and drop to map fields from the source to the destination (JDE table).

why-we-love-edi2xml-for-edi-integration-with-jde-and-you-should-too2

In this day and age, EDI integration within management systems should be seamless but for many it is not. This is can cause major headaches for managers. Companies no longer want to hire in-house EDI experts when they already have a full team of in-house JDE developers. It’s about time JDE users can rely on an outsourced EDI Integration Partner that will ensure their daily EDI transactions are processed and streamlined, without difficulties.

Call us today  +1 450-681-3009  to learn more about our EDI2XML Service and JDE Integration capabilities with our Magic Software partner.

 

In today’s business world, the right technology can make a world of difference. IT experts are always pushing to install the best hardware, software, IT services and cloud applications to simplify the lives of business people. This year has been another big year for IT advancements and we couldn’t be more excited about that. We love seeing businesses leverage technology with the right solutions for them, in order to benefit from efficiencies and cost savings.

Here are our most popular and most requested management software solutions and services.

EDI2XML Translation Service

Year after year, we keep seeing an increase in demand for EDI (Electronic Data Interchange) services. Business executives don’t want to hire a full-time in-house EDI specialist anymore to handle their EDI transactions. Nor do they want to hire more customer service reps to manually enter all incoming purchase orders anymore. Many retailers and suppliers are now requiring that any company they do business with must send and receive documents, like Purchase Orders Invoices and Advance Shipping Notices, via EDI.

Companies today are looking not only to implement EDI but to automate this entire process with an outsourced EDI provider. This is why our EDI2XML Translation Service has been one of our most popular services this year. We handle our customers’ EDI requirements from A to Z; we convert their incoming EDI documents into their preferred file format, such as XML (and convert their outgoing XML documents into EDI), as well as handle all new Partner and document setups and manage their continuous communication with their Trading Partners. Our service is affordable, our setup phase is quick and our EDI support team is easily accessible and available; making it the perfect EDI service for any business.

EDI2XML Translation Service

Try it for yourself today!

 

QBR Business Continuity

With ransomware cyberattacks increasing worldwide, it’s not unusual for business executives to come running, asking about our QBR solution. Using the latest technology on the market, this Business Continuity & Disaster Recovery solution is THE best way to protect your data from hardware/software failures, human error, natural disasters, ransomware, computer viruses and more.

No matter the disaster, QBR allows you to recover your data quickly and easily. Businesses can no longer afford to incur downtime that lasts days or weeks, only to later realize that their old, dusty backup tapes haven’t been working for months! With on-site and off-site virtualization, ransomware detection, advanced screenshot verification emails, infinite cloud retention, unlimited agent licensing, instant recovery of entire servers/workstations and more, a company’s data is well protected!

QBR Business Continuity

Learn more about QBR here.

Management Software Solutions – The ErpWizard Suite

We are definitely still seeing a demand for complete Enterprise Resource Planning (ERP) systems in the business world. The demand comes from companies that either don’t currently use IT systems to manage their business operations, but instead still use Microsoft Office tools like Excel and Word, as well as companies looking to update their outdated, complex, expensive ERP software.

The transition to a simple, modern ERP system, like our homegrown system – The ErpWizard Suite, has allowed companies to increase visibility into their operations, improve data quality, reduce manual data entry, improve customer service and increase productivity. At the end of the day, when a company has found the right ERP system and Software Provider for their business, they can automate and streamline their processes and improve business agility and performance. That’s the goal of any ERP system. Unfortunately, not many companies realize these benefits at the end of their software implementation (you’d be surprised how many companies don’t even successfully make it to the end of their implementation!).

Technology in the workplace is meant to make business people’s lives a whole lot easier, which is why executives are realizing the importance of a helpful, available, and accessible support team, a flexible, easy-to-use system, and affordable IT costs.

ERP system qualities

Here are some of the main qualities of an ERP system that business executives are looking for:

  • Flexibility
  • Can easily integrate with other systems
  • Is effortlessly accessible from anywhere, at any time to allow users to stay in touch with business operations, even while on vacation or on a business trip
  • Easy to use, with a simple, modern interface
  • Is continuously updated to accommodate to the ever-changing business environment
  • Is well supported by an available and accessible IT support team
  • Is affordable !!

This year we have been especially excited about our newly improved ErpWizard Suite. Now, with its new modern, sleek interface, end users will actually enjoy using an ERP system. It’s about time companies moved away from those complex, boring looking, out-dated systems and towards simple, visually appealing management applications, that won’t break the bank.

What do you think of ErpWizard’s new look?

WIMS 2.0 – Warehouse Management

 

Warehouse Management is another popular software solution, usually integrated within a company’s ERP system. This system allows for better visibility and control of all warehouse activity, which is an absolute must today. A Warehouse Management system allows businesses to know;

  • What’s been delivered and when

  • Where all items are stored in the warehouse facility

  • Which items to pick and how much to pick for delivery

  • The right items to pack using the right shipping cartons and materials

  • What items to ship and where to ship them

All of this is exceptionally important in order to reduce operating expenditures, increase data accuracy, shorten fulfillment lead times, move inventory faster and increase data accessibility. By using wireless scanners, this inventory data collection system is truly bringing better control and insight into warehouse processes. If a company’s warehouse is in order, customers are better served and happy!

Business Intelligence & AnalyticsBI

A big favourite among our customers is our Business Intelligence offering. Our Business Intelligence experts are integrating Tableau Software’s BI solution into our customer’s management system in order to provide detailed analyses with customized drillable dashboards, using all real-time data. Our customers are now able to identify hidden trends and strategic information, turn raw data into visual graphs and tables, identify new business opportunities, spot areas of weakness and avoid problems. The insights that our customers are getting from this Business Intelligence solution is giving them the ability to stay ahead of competition.

Contact us to see how our Business Intelligence experts can help you!

The Best Management Software Solutions

mobile-app-1We are certain that demand for these management solutions will only increase, as executives are actively looking to transform their businesses using the latest technologies on the market. We predict that mobile business applications will make this list next year, as business owners are looking to supply their on-site teams with access to their management system to input and review real-time data. Modern, visually appealing, easy to use applications don’t just have to be for personal use; companies should be benefiting from these types of applications as well! One thing is for certain; businesses are looking beyond the brand name when it comes to software systems and taking the time to ensure that the Software Provider and offerings are a good fit for their company.

Contact us today to learn more about how we can help YOU.

 

EDI Communication is in high demand right now. Many companies are quickly realizing how beneficial it is to trade important documents with their suppliers, retailers or business partners via electronic means. Others are receiving direct instructions from their partners to begin using EDI in order to continue doing business with them. Basically, some companies aren’t getting the choice and others are taking proactive steps to ensure they are ahead of the game so that they are as efficient as possible. Read more

What is EDI “as a Service”? At Namtek Consulting Services, we have been providing a service called EDI2XML Translation Service. As many already know, EDI requires expertise and knowledge in the field; not any IT professional can handle a full EDI project. This often makes it difficult when businesses are told by suppliers or retailers […]

EDI Translation Methods_Pros + Cons

It’s difficult for SMEs to find a ‘middle ground’ solution when it comes to EDI translation & communication. When looking to get started using EDI, there are currently three options:

– buy an EDI translator, targeted to developers

– go with a large EDI Vendor to outsource your EDI communication

– do it all from scratch, in-house Read more

Take a look at today’s  Infographic that goes on to briefly describe how companies can get started using EDI Communication with their customers/suppliers/partners.

Every company needs to analyze their EDI requirements first and foremost to determine which solution or service will be needed to easily and securely exchange documents with their Trading Partners. To learn more about EDI Communication, visit EDI2XML. Read more

EDI communication is known to be complex and expensive. In recent years however, many small and mid-size businesses are looking into EDI in order to do business with major retailers, like Target, Wal-Mart, Sears, etc., or simply to gain a competitive advantage. It is one of the best ways to exchange important business documents, such […]