EDI (Electronic Data Interchange) allows companies to exchange structured business data electronically between computer systems. It facilitates quick and easy transmission of common business documents like purchase orders, invoices, shipping notices between trading partners, typically a supplier and customer. EDI uses standardized formats to convert documents so they can be exchanged and processed electronically without manual re-entry of data. The two main EDI standards are EDIFACT, the international generic standard developed by the UN, and ANSI ASC X12, the US national standard.
E-Commerce Topics:
» Introduction of E-Commere
» The Advent of E-commerce
» Types of E-commerce
» The Scope of E-commerce
» Supply Chain Application
» What is E-commerce?
» Advantages of E-commerce
» The Business Model
» Developments in Supply Chain Management
» Business-to-business transactions in E-commerce
» Business-to-consumer transaction in E-commerce
» Electronic Data Interchange (EDI)
E-Commerce Topics:
» Introduction of E-Commere
» The Advent of E-commerce
» Types of E-commerce
» The Scope of E-commerce
» Supply Chain Application
» What is E-commerce?
» Advantages of E-commerce
» The Business Model
» Developments in Supply Chain Management
» Business-to-business transactions in E-commerce
» Business-to-consumer transaction in E-commerce
» Electronic Data Interchange (EDI)
Management information system in banking sectorApoorv Bijekar
MIS in banking, database design, Role and need of MIS, Network technologies, Hardware and software used in MIS, Key features and core functions of MIS, Workflow of MIS in banks, Advantages from MIS
Electronic data interchange (EDI) is an information technology that standardizes the exchange of information between transacting parties.
#EDI is a complicated mixture of three disciplines parts:
1.Business logic
2.data processing
3.data communications
Conclusion:
*Short Time required to processes
*Cost effective
*Built business logic
*Built business processes
*Improve performance in sells & ordering process
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
Management information system in banking sectorApoorv Bijekar
MIS in banking, database design, Role and need of MIS, Network technologies, Hardware and software used in MIS, Key features and core functions of MIS, Workflow of MIS in banks, Advantages from MIS
Electronic data interchange (EDI) is an information technology that standardizes the exchange of information between transacting parties.
#EDI is a complicated mixture of three disciplines parts:
1.Business logic
2.data processing
3.data communications
Conclusion:
*Short Time required to processes
*Cost effective
*Built business logic
*Built business processes
*Improve performance in sells & ordering process
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
This project is related to EDI (Electronic Data Interchange) given all the information related to EDI like their meaning, features, Benefits, Types, Working of EDI, EDI Business Cycle, Components n etc.
EDI Integration Process Overview & Benefits for Multiple Channel PartnersJade Global
EDI Integration process ensures that the documents are electronically transferred with minimal errors and maximum accuracy. Check out the best practices!
Videos are more engaging, more memorable, and more popular than any other type of content out there. That’s why it’s estimated that 82% of consumer traffic will come from videos by 2025.
And with videos evolving from landscape to portrait and experts promoting shorter clips, one thing remains constant – our brains LOVE videos.
So is there science behind what makes people absolutely irresistible on camera?
The answer: definitely yes.
In this jam-packed session with Stephanie Garcia, you’ll get your hands on a steal-worthy guide that uncovers the art and science to being irresistible on camera. From body language to words that convert, she’ll show you how to captivate on command so that viewers are excited and ready to take action.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
SEO as the Backbone of Digital MarketingFelipe Bazon
In this talk Felipe Bazon will share how him and his team at Hedgehog Digital share our journey of making C-Levels alike, specially CMOS realize that SEO is the backbone of digital marketing by showing how SEO can contribute to brand awareness, reputation and authority and above all how to use SEO to create more robust global marketing strategies.
Search Engine Marketing - Competitor and Keyword researchETMARK ACADEMY
Over 2 Trillion searches are made per day in Google search, which means there are more than 2 Trillion visits happening across the websites of the world wide web.
People search various questions, phrases or words. But some words and phrases are searched
more often than others.
For example, the words, ‘running shoes’ are searched more often than ‘best road running
shoes for men’
These words or phrases which people use to search on Google are called Keywords.
Some keywords are searched more often than others. Number of times a keyword is searched
for in a month is called keyword volume.
Some keywords have more relevant results than others. For the phrase “running shoes” we
get more than 80M relevant results, whereas for “best road running shoes for men” we get
only 8.
The former keyword ‘running shoes’ has way more competition from popular websites to
new and small blogs, whereas the latter keyword doesn’t have that much competition. This
search competition for a keyword is called search difficulty of a keyword or keyword
difficulty.
In other words, if the keyword difficulty is ‘low’ or ‘easy’, there won’t be any competition
and if you target such keywords on your site, you can easily rank on the front page of Google.
Some keywords are searched for, just to know or to learn some information about something,
that’s their search intention. For example, “What shoe size should I choose?” or “How to pick
the right shoe size?”
These keywords which are searched just to know about stuff are called informational
keywords. Typically people who are searching this type of keywords are top of a Conversion
funnel.
Conversion funnel is the journey that search visitors go through on their way to an email
subscription or a premium subscription to the services you offer or a purchase of products
you sell or recommend using your referral link.
For some buyers, research is the most important part when they have to buy a product.
Depending on that, their journey either widens or narrows down. These types of buyers are
Researchers and they spend more time with informational keywords.
Conversion is the action you want from your search visitors. Number of conversions that you
get for every 100 search visitors is called Conversion rate.
People who are at different stages of a conversion funnel use different types of keywords.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Monthly Social Media News Update May 2024Andy Lambert
TL;DR. These are the three themes that stood out to us over the course of last month.
1️⃣ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2️⃣ Instagram’s new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3️⃣ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ‘collabs’ more too.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
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Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
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5 big bets to drive growth in 2024 without one additional marketing dollar AND how to adapt to the biggest shifting eCommerce trend- AI.
1) Romance Your Customers - Retention
2) ‘Alternative’ Lead Gen - Advocacy
3) The Beautiful Basics - Conversion Rate Optimization
4) Land that Bottom Line - Profitability
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Core Web Vitals SEO Workshop - improve your performance [pdf]Peter Mead
Core Web Vitals to improve your website performance for better SEO results with CWV.
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- The impact of user experience and SEO
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No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
10 Video Ideas Any Business Can Make RIGHT NOW!
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Key Takeaways:
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How to use additional "Lenses"
Where to source original video ideas
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
In this session, Demandbase’s Stephanie Quinn, Sr. Director of Integrated and Digital Marketing, Devin Rosenberg, Director of Sales, and Kevin Rooney, Senior Director of Sales Development will share how sales and marketing shapes their day-to-day and what key areas are needed for true alignment.
2. What is EDI ?
• EDI stands for Electronic Data Interchange.
• EDI is the exchange of structured business data in
electronic form direct from one computer system
to another.
• The data is transferred electronically between
two parties(Trading Partners), usually a supplier
and a customer.
• EDI makes it quick and easy for trading partners
to send each other information relating to their
everyday business transactions such as ordering,
shipping and invoicing.
3. The most common trading partner relationship is that of supplier and customer. Sometimes
there may be a different relationship, such as that of seller and buyer, payee and invoice, or
supplier and carrier. Each trading partner may play different roles during the business
process, as illustrated in the diagram below, or each role may be played by a different
partner.
4. EDI Document
• Invoice
• Purchase orders
• Shipping Requests
• Acknowledgement
• Business Correspondence letters
• Financial information letters
5. Working of EDI
• Each company has their own format of sending
these documents. Suppose we have two
companies A and B.
• Company A sends its purchase order (PO) to
company B. As the format of the document is
different for the Company B, it will manually read
the data from PO sent by Company A and creates
a Sales order (SO) from it in order to carry out
further processes.
• EDI provides the data exchange formats and
reduces the manual intervention in the process.
6.
7. Advantages of EDI
• Reduction in data entry errors.
• Shorter processing life cycle.
• Electronic form of data.
• Reduction in paperwork.
• Cost Effective.
• Standard Means of communication.
8. Disadvantages of EDI
• Expensive.
• Initial setup is time consuming .
• EDI standard changes.
• System electronic protection.
• Staff training cost.
• Proper backup.
• Limit your trading partners.
9. Steps in an EDI System
• A program generates a file that contains the
processed document.
• The document is converted into an agreed
standard format.
• The file containing the document is sent
electronically on the network.
• The trading partner receives the file.
• An acknowledgement document is generated
and sent to the originating organization.
10. EDI Standard
• To exchange documents with trading partners,
you must convert the data to and from EDI
Standard formats. EDI standards are the
requirements for the format and content of EDI
business documents.
• EDI standards determine the correct order and
location of the units of data in an EDI document.
All EDI transactions are defined by EDI standards.
• Two commonly used EDI standards are:
– EDI for Administration, Commerce, and Transport
(EDIFACT) - generic international.
– American National Standards Institute/Accredited
Standards Committee X12 (ANSI ASC X12) - generic.
11. EDIFACT
• EDIFACT is the international standard for EDI.
• The term stands for Electronic Data Interchange For
Administration, Commerce and Transport.
• The three major components of EDIFACT are a standard
syntax for structuring data, i-EDI (interactive EDI), and
standard messages to accommodate interaction among
various industries and countries.
• The EDIFACT standard was developed by the United
Nations. Further development of the standard is also
overseen by that organization’s Centre for Trade
Facilitation and Electronic Business. The standard is
sometimes seen as UN/EDIFACT.
12. ANSI ASC X12
• Developed by the American National Standards
Institute (ANSI) in 1979.
• Stands For Accredited Standards Committee X12
• it is a US standards body that is responsible for defining,
developing, maintaining and publishing the X12 EDI
standards, which help in driving business processes
nationally and globally.
• This committee is the globally favoured standards body
for setting the requirements of electronic business
document content and also influences international
forums by providing contents for message design
architecture as well as universal core component works.
• It also initiates reduction in costs and expands
organizational reaches along with enhancing business
processes.