Unleash the Power of EDI with Verizon Logistics!

Verizon Logistics is committed to providing creative logistics and electronic commerce solutions that create value and reduce costs throughout our supply chain. In addition to our WebCommerce Program, Verizon Logistics also has a full scale EDI Program.

Verizon Logistics supports the ANSI ASC X12 standard as the medium for exchanging EDI electronic documents. The electronic business transactions we currently support with our suppliers include:

The benefits of EDI include:

Reduction in document processing costs: The elimination of paper-based documents also eliminates costly functions and tasks in an organization including faxing, printing, re-keying, paper costs, etc. Organizations can manage by exception rather than manually review all documents.

Increased Data Accuracy: Utilizing EDI eliminates the errors that can occur from redundant manual data entry.

Reduction in personnel costs and better use of personnel: EDI has helped to displace many of the labor-intensive duties associated with collecting, sending and receiving information. The displacement of many of the labor-intensive duties has allowed companies to increase information handling activities without an increase in labor cost. EDI has helped companies automate tasks, relocate people to other tasks, and gain a productivity edge.

Improved speed of communication: Electronic transmission of business data compresses cycle time. Details of transactions are sent, received, evaluated and processed in a fraction of the time usually associated with manual business processes. The entire ordering and receiving cycle is shortened considerably, permitting higher productivity in manufacturing, delivery systems and customer support. Organizations are now capable of controling certain logistical processes in real time.

Better customer service: Customer service can be improved in the following areas:

Gained competitive advantage/reinforce competitive position: The implementation of EDI could be applied to improve the current competitive position or to alter the current industry structure. EDI allows companies to reduce the cost of transactions along the supply chain, and at the same time to differentiate themselves from the competition by increasing the information intensity of either products or processes. This will lead to comparative efficiency through the increase of both internal efficiency as well as interorganizational efficiency.

Improved internal processes: Implementing EDI provides both a chance and a necessity to re-engineer and improve the internal operations. Generally, business processes are reviewed, evaluated and improved to work with the new automated systems process. Also, internal systems can be fully integrated with the use of EDI.

Better supply chain management: The term supply chain is used to refer to the chain linking each element of the production and supply process from raw materials to the end customer. Supply chain management looks across the entire chain, rather than just to the next entity or level. Better supply chain management means better coordination of business processes and activities, such as inventory management across the entire chain, not just between a few channel pairs. One of the reasons for managing the entire supply chain is to increase customer service. EDI has the ability to quickly and efficiently move data electronically between trading partners. This increased speed of communication allows the parties in the chain to receive information about customer demands sooner. Secondly, the relevant parties in the chain are more timely informed when something goes wrong, and subsequently can react to the problem sooner. EDI also improves the content of the message due to the structured format. Parties in the supply chain will understand each other better, so that ultimately the customer is served faster and more efficient.

Improved invoicing: The direct benefits of EDI in the financial area can be significant. By reducing communication times, and by automatically matching invoices with the actual performance, several costs can be reduced. The speed improvement for communication makes it possible to send invoices sooner and shortens the payment cycles. By receiving the invoice in a timely manner, the buyer has the opportunity of taking advantage of discount terms offered, thereby paying less for the product. The seller, in turn, can receive payments sooner, improving their cash position and allowing them to pay less for supplies by also taking advantage of discount terms. By shortening the invoice / payment cycle, money can be saved on interest and loans.