The business critical supply chain

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Manufacturing firms depend on the efficiency of their supply chains for sourcing and procuring raw materials, producing goods, and fulfilling orders on time and in full. Nevertheless, escalating supply chain expenses are eroding profit margins, encompassing the costs associated with processing transactions among producers, suppliers, and customers. Process automation is a top priority, and that extends to automating data exchange as well.

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How EDI helps manufacturing companies

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Electronic Data Interchange (EDI) facilitates a streamlined exchange of data within modern manufacturing supply chains and is routinely employed for essential supply chain documents like purchase orders, invoices, and despatch advices (shipment notices).
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Not only does EDI increase supply chain productivity through increased speed, accuracy, and visibility of transactions. It can also streamline a complex, often global, delivery chain with numerous suppliers, vendors and clients.
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Through EDI you can communicate business documents electronically with suppliers, customers, distributors, wholesalers, eCommerce marketplaces, 3PL providers, Freight carriers, and other parties involved in your ecosystem.

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The benefits of EDI include:

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• Faster transaction times
• Accelerated production
• Higher accuracy
• Reduced labor and storage costs
• Enables automation across the supply chain
• Real-time supply chain visibility
• Improved efficiency in all related business processes
• Enhanced business relationships with retailers, wholesalers, and customers

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Why Logiq?

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When the speed, efficiency, and accuracy of information exchange in your supply chain is paramount, the quality of your EDI connections to your business partners are essential.

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Logiq is a leading digital trade network in the Nordics for businesses in high-volume supply chains. Our cloud-based platform supports all document types in the purchase-to-pay (P2P) and order-to-cash (O2C) processes. Along with our value-added services, this enables you to interact digitally with all your trading partners – regardless of their work processes and systems.

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Our goal is to offer you the best support in the market, the most reliable services, and the most skilled experts to assist you in achieving your digitalization objectives.