Edi: Cost vs. Benefit

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Preparing a Cost/Benefit Analysis for your EDI
Implementation Project: How a new type of EDI can help you save money and grow your business
The Telegraph was perhaps the first big invention that allowed companies to communicate with each other by exchanging documents that exceeded the postal service. It allowed information to travel end-to-end at the speed of light, at what was then accepted to be an affordable cost. Then there was Teletype and Telex systems which grew to span the world , allowing businesses to exchange a whole page of information in around two minutes. While this allowed companies worldwide to do business with each other more effectively , it was still largely paper-to-paper based, and did not allow for the
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Strategic benefits include longer term wins that impact the functioning of the company such as enhanced responsiveness, improved trading partner relationships, improved management due to the availability of better data to base decisions on , and improved customer service.

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Despite the many advantages of the new type of EDI solutions out there, the lower cost of implementing it, improved quality of computers, communication equipment and infrastructure and the fact that the disadvantages of the old system have been virtually eliminated, many organisations, especially those in the SME category, are still reluctant to adopt this technology unless required to do so by a large customer of theirs. Top researchers in the field are baffled as to why, with all of these improvements, and the huge decrease in cost, that companies still have this attitude towards EDI, and have come up with the following theories:
1) There is still difficulty in outlining the actual advantages of EDI
2) There is a lack of top management decision making in committing to EDI implementation 3) That the immense scope of benefits EDI now offers spans across so many departments that it is difficult to name an owner of the project
4) That the perceived complexities of implementing EDI and of mapping internal files to
EDI
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