GS1 Cost and savings calculators for EDI Implementation Cost and savings calculators are important tools to help companies implementing EDI to determine the investment and return from the implementation. Some GS1 Member Organisations have developed cost and savings calculators that demonstrate that using GS1 EDI in Healthcare brings competitive advantages. The Challenge Manual, paper based processing of business transactions exchanged … Read More →
How to overcome GS1 EDI and global standards implementation barriers There are a few barriers when it comes to companies adopting GS1 EDI standards. Healthcare companies not aware of the benefits. Today, many pharmaceutical and medical device manufacturers, as well as wholesalers and distributors leverage global standards for data exchange. More and more hospitals and retail pharmacies are also starting to … Read More →
Analyzing data from EDI transactions and documents The goal of EDI analytics is to extract insights from this data that can be used to improve business performance. EDI analytics can be used to track a variety of metrics, including: Transaction volume Order fulfillment accuracy Inventory levels Customer satisfaction Supplier performance Market trends By tracking these metrics, … Read More →