EDI Strategy

EDI Strategy (Myer Suppliers)

EDI strategy regarding the electronic exchange of information between Myer and its Suppliers ensures timely and accurate ordering, delivery and tracking of merchandise. EDI is a key plank in the quick response programme to facilitate the flow of information between Myer and suppliers in response to consumer demand. The components which make a quick response strategy possible are supplier generated Global Trade Item Numbers / GTIN (EAN, UPC, APN) and bar code symbols, combined with the use of Point-Of-Sale (POS) scanning, Electronic Data Interchange (EDI), Logistics labels (that include Serial Shipping Container Codes) and Evaluated Receipts Settlement (ERS).

Through EDI the possibility of a ‘paperless order process’ is a reality. The commitment to electronic trading enables a much more efficient business relationship between Myer and Suppliers. The quick response strategy forges new partnerships. These partnerships involve the mutual benefit of shortening the order cycle and optimising the level of Inventory held. For Myer, quick response means improved customer service, resulting from improved management of the order cycle, accurate information, timely flow of information and the opportunity a stronger partnership.

EDI allows Suppliers to process orders quickly eliminating manual data entry, improving accuracy and data integrity. Therefore, purchase orders are produced and transmitted in an efficient and timely manner. It enables Myer to manage the transmission of orders and Suppliers to manage the processing of orders, when they move efficiently without delay. The introduction of scan packing and applying the Serial Shipping Container Code on a logistic unit further increases the accuracy of the packing operation. Advance Ship Notes (ASNs) allow for the paperless reconciliation of the receiving process at Myer’s receiving points and facilitates automatic payment to the Supplier.

Myer acknowledges that EDI involves a major commitment making it work effectively. However, as a key plank in the quick response programme, EDI provides Myer with information that is more reliable and accurate in maintaining data integrity. Trading partnerships are no longer viewed as just another exchange of contractually binding documents necessary for business. EDI and quick response strategies enable Myer to achieve stronger partnerships, better relationships and greater understanding of both partner’s business operations, as together we unlock the mutual benefits of sharing information electronically.

To learn more about EDI and become a certified  EDI Professional please visit our course schedule page.

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