|February 19, 2014|
|19.02.2014 In 2013 the volume of e-invoices in Baltic retail increased by 25%|
Close to 10 million EDI documents were transferred by Telema in 2013 between Baltic retailers and suppliers. The document volume grew 25% compared to previous year. The annual paper savings generated by Telema customers using EDI documents instead of paper documents equated to 370 tons of wood, saving 2 580 trees.
“The biggest electronic document growth in 2013 was in the DIY sector. In Estonia, DIY suppliers and large chains like Bauhof, Optimera and Rautakesko exchanged six times more documents than in 2012”, says Hele Hammer, CEO of Telema. Over 60 new suppliers, among them Saint-Gobain, Kiilto, Mecro, Baltic Agro and Caparol, formed EDI partnerships with their retailers. Also Latvian and Lithuanian DIY sectors have started implementing EDI.
Robert Viira, Prisma’s IT Director in the Baltics, explains: “EDI simplifies supply processes and ensures better data quality resulting in lower costs. That is the reason why Prisma sends already 90% of purchase orders as EDI orders and 75% of the invoices received are e-invoices.”
EDI documents are most widely used in the FMCG sector. Year 2013 brought long-awaited news about Maxima’s decision to implement 4-document EDI in 2014. During last year, majority of the retail chains in the Baltics (Selver, Prisma, Rimi, ETK, ABC Supermarkets) continued to increase the share of EDI documents.
Telema transfers about 20 different document types of which e-invoice and e-order are the most common. In 2013, 3,4 million orders and 3,2 million invoices were sent through Telema network. As 4-document supply model is gaining popularity, one of the fastest growing (by 39 %) document types was receive advice sent by retailers to their suppliers notifying them about amounts of goods accepted.
The growth in EDI traffic clearly reflects companies’ strive towards efficiency. Both retailers and suppliers as well as public organizations have realised that replacing paper documents with electronic data exchange saves time, avoids mistakes, increases customer satisfaction and revenue throughout the supply chain. This allows to predict a continuous growth for EDI services also in 2014.