The cost of sending the same data to multiple EDI trading partners
This series of blog posts looks at how EDI costs can constantly fluctuate. The first post “Get Ahead of Your EDI Costs with Predictable Pricing” addresses how EDI costs can constantly fluctuate. Pricing is often based on the number of transactions sent or the number of kilo-characters. The second post in the series looks at the cost of sending the same data to multiple EDI trading partners. This is also known as a carbon copy (or “cc’ing” data).
Along the supply chain, goods are transported from raw material suppliers, manufacturers, distributors, retailers and finally to end users. Brokers, 3PLs and carriers are involved in every step along the way to get a product to market. As a result, real-time visibility into the location and status of a shipment have become essential.
There are a number of parties wanting visibility into your supply chain data. In transportation specifically, carriers are being hammered on by trading partners wanting full visibility into the shipment lifecycle. This includes the initial point a load is tendered, to the time it gets invoiced. During this process, any number of partners can get involved and the carrier must comply with their request.
For example, suppose you’re a shipper and you send out a 204 (Motor Carrier Load Tender) to a transportation carrier. Your visibility provider (e.g., Project44, FourKites, Trimble Visibility, JDA Control Tower or any transportation management system) may require you to send them a 204 as well, showing that the load you’re sending is being tendered to the carrier. There may also be a factoring company or insurance company that expects to receive these updates as well.
Let’s take a look at how cc’ing multiple EDI trading partners can increase your EDI costs.