COVID-19 KILLED YEAR OVER YEAR COMPS Part 1: Every retail report presents data in a nearly identical way: TY LY % CHG +/- VOL. This traditional method of measuring business performance is useless in the face of COVID-19, and the hangover is going to continue through all of 2021. See the nearby chart which shows... Read more »
COVID-19 KILLED YEAR OVER YEAR COMPS Part 1: Every retail report presents data in a nearly identical way: TY LY % CHG +/- VOL. This traditional method of measuring business performance is useless in the face of COVID-19, and the hangover is going to continue through all of 2021. See the nearby chart which shows… Read more »
COVID-19 Retail Industry Updates For the retail industry and those responsible for their brand’s POS data, supply chain, and retail sales analytics, COVID-19 has become an unwanted, but apparently long-reserved guest. As we all work to better understand the virus and the various ways it will impact our industry ahead, we wanted to share the… Read more »
The EDI 870 Order Status Report transaction set is commonly used by vendors to report on the current status of a customer’s order. Each status report transaction refers to a customer’s single order but it can involve multiple previously-sent purchase orders. The 870 is replacing what is known as a Paper Status Report, which provides… Read more »
This X12 Transaction Set contains the format and establishes the data contents of the Order Status Inquiry Transaction Set (869) for use within the context of an EDI -Electronic Data Interchange environment. The transaction set can be used to request all pertinent information relative to an entire purchase order, selected line items on a purchase… Read more »
The EDI 830 Planning Schedule transaction set is really used as an electronic sales forecast. In fact, it can be used in 3 different ways: Just as a sales forecast As a forecast and an authorization for the recipient to commit to resources As a forecast that also includes order release levels The senders of… Read more »
This X12 Transaction Set contains the format and establishes the data contents of the Report of Test Results Transaction Set (863) for use within the context of an EDI – Electronic Data Interchange environment. EDI 863 can be used to transmit the results of tests performed to satisfy a specified product or process requirement. This… Read more »
The EDI 862 Shipping Schedule transaction set is responsible for accounting shipping requirements. These shipping instructions would replace those forecasted in a previous Planning Schedule 830 transaction, though the 862 does not actually replace the 830. 862 transactions are important for supporting Just-in-Time (JIT) manufacturing because they provide detailed shipping requirements more frequently versus EDI… Read more »
The EDI 867 transaction set represents the Product Transfer and Resale Report. EDI 867 is used to give information on a product that has been relocated to a new location within a company. It can also be used to report sales of a product from multiple locations to an end customer, such as point-of-sale, or… Read more »
The EDI 861 transaction set is an electronic version of a Receiving Advice/Acceptance Certificate. This EDI transaction can be used to report shipment receipts or it can be used as a formal acceptance for defective items that are being returned. In the case third-party receiving, such as a drop-shipment, the sender may transmit an 861… Read more »
The 853 EDI document type is an electronic version of a paper Routing and Carrier Instruction. The 853 EDI document type is used to wire detailed routing and carrier information relevant to a specific route. Now, EDI 853 doesn’t provide information about shipping events or any type of authorization. An EDI 853 – Routing and… Read more »