New Study: B2B Electronic Integration – 2016 and Beyond
The University of Tennessee’s Global Supply Chain Institute has released a new study that uncovers the evolution of B2B electronic integration and indicates that more organizations are investing in B2Bi in an effort to increase business flow efficiency and cut costs.
The survey asked over 200 professionals from a wide range of industries to weigh in on such issues as supply chain costs, inventory visibility, new enterprise resource planning (ERP) integration, customer responsiveness and more.
Of those surveyed, a full 94% saw a significant improvement in their overall electronic connectivity capabilities while 68% reported that, after implementing cloud-based B2Bi managed services, their trading partners were easier to do business with.
Although it has been around for decades, many of those surveyed felt that B2Bi is still in its infancy – especially globally – as integration solutions are implemented extensively across some industries while sparse in others. It is estimated that over the next three years, electronic connections will increase more than 20%, with 69% of those surveyed saying that they intend to add the number of trading partners with whom they do electronic business.
DataTrans Solutions provides a broad range of quality EDI and B2Bi solutions designed to enable companies to communicate business data electronically. We provide EDI maps pre-configured for the vast majority of corporations who conduct business and require EDI today. This, in combination with our canonical mapping model, allows us to rapidly implement a comprehensive, integrated EDI solution on your behalf.