3PLs, 4PLs, and Beyond

1-2-3-4-5-fingers-on-hand1In every EDI application, knowledge of the business needs and functions is of paramount importance. If you don't understand a "purchase order" or a "load tender" or a "health care claim or encounter" you'll never be able to map the ANSI or EDIFACT EDI data format for these transactions. In my experience, logistics is the toughest because of the many, many unrelated (by ownership) parties who need to be in the loop.

Electronic Invoicing On Rapid Uptick

e-invoicingIf the state of the electronic invoicing industry is gauged on Invoiceware International, the leader in Latin American e-invoicing and fiscal reporting, then there’s no question mobile payment systems are revolutionizing the way people do business.

Electronic Invoicing On The Upswing Worldwide

switzerland 1It seems that nearly every day, another nation falls in line, like a domino, with other countries that have embraced electronic invoicing. The latest to do so is Switzerland, which recently announced that as of January 1, 2016, suppliers to the Federal Administration with contracts valued at or above 5000 CHF will be required to utilize e-invoices. 

Survey Reveals Paper Invoicing Overwhelming Company Billing Departments

paper-invoicesAccording to a survey recently released by Canon Business Process Services, a majority of account payable (AP) departments are overwhelmed by the volume of paper and investment of time necessitated by conventional billing practices. The survey also revealed that both elements decrease efficiency while increasing the likelihood for errors and late payments. 

HP Becomes The First IT Company To Establish Rules Against Exploiting Foreign Laborers

hp migrantsHP, the world’s largest computer manufacturer, has also become a leader in the fight against exploitative labor practices worldwide. In a November 10, 2014 press release, HP announced it will now require direct employment of foreign migrant workers in its supply chain. The additional standard “combines this direct employment requirement with rights relating to worker retention of passports and personal documentation and the elimination of worker-paid recruitment fees,” according to the release.

Swiss To Diss Paper Invoices

switzerlandThe Swiss Federal Council recently decreed that as of January 1, 2016, suppliers will be required to submit electronic invoices to the government if the value exceeds 5,000 Swiss Francs.

6 Ways EDI Removes Barriers to Commerce with Trading Partners

roadblockAs long as most of us can remember, there have been roadblocks to trading with our suppliers and customers. The noble EDI sales forces kept repeating how their product would knock down these roadblocks faster than a speeding bullet! Well, let's bring in the usual suspects and see.

Egypt Hopes New Suez Canal Dredging To Double Revenues, Improve Economy

Egypt-mapEgypt hopes it will reap a financial windfall when the new Suez Canal, being built alongside the existing 145-year-old waterway, opens for business in August 2015. In fact, that nation foresees the new shipping canal will bring in upwards of $13.5 billion annually by 2023.

When Supply Chains Merge: Mistakes To Avoid

mergingMost mergers and acquisitions fail to live up to expectations. All too often companies focus on quick-fix cost-cutting opportunities and ignore the long-term, strategic supply chain implications. Following these steps will help you avoid that trap.

Turkey Slicing Its Way Into The E-Invoicing Format

Turkey PoliticalThe laws in Turkey regarding electronic invoicing are decidedly different from statutes in other nations. For example, e-invoicing is voluntary for most companies in Turkey, however those operating in the hydrocarbon sector or with products subject to special taxes, such as tobacco, alcohol and light beverages have no choice in the matter. In fact, those entities had to begin delivering invoices electronically as of September 1, 2014.

Supply Chain Buzz




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