SPS Commerce Inventory Management
Gain visibility into your EDI transactions with Finale Inventory and SPS Commerce
With Finale Inventory's SPS Commerce EDI integration, sellers can accelerate large partnerships by automating the exchange of order, shipment, and invoice information with any physical or online retailer. When integrated with Finale, SPS Commerce functions as a sales channel while Finale Inventory functions as a control center for your entire selling operations.
By combining inventory and order management with a complete, end-to-end electronic data interchange (EDI) solution, Finale users can save money, increase productivity and automate key supply chain processes—to move orders faster and serve customers better.
SPS Commerce works to replace outdated manual processes with automated and efficient cloud-based EDI processes. They have a number of solutions in place for drop shippers and suppliers to receive orders from a number of major marketplaces—Walmart, Costco, and other large retailers via EDI. SPS integrates easily into your Finale Inventory account, making order management more seamless to manage.
When integrated with Finale, the EDI integration syncs purchase orders (850) directly into Finale as sales orders. When the Sales Order is shipped and you create the shipment within Finale, Finale will automatically generate an Advance Shipping Notice (856). Lastly, Finale will be configured to push invoices (810) back to SPS Commerce.
In addition to the above functionality, Finale can also provide SPS Commerce with stock levels (Inventory Advice 846).
What is EDI
Electronic Data Interchange (EDI) is the concept of businesses communicating electronically with each other as a replacement of traditional communication which happened on traditional pend and paper. Instead of sending invoices and purchase orders via a phone call, fax or mail, businesses can end this data electronically.
In order for this communication to be possible, traditional documents are translated into a format that is structured to be interpreted by EDI software. You do not need to understand this code, it is just to transfer data between systems, while the EDI software shows end-users readable versions of documents.
With Finale, the EDI Integration is used to import and export documents to and from SPS Commerce. The following EDI Documents are supported.
- 850 - Purchase Order
- 856 - Advance Shipping Notice
- 810 - Invoice
- 846 - Inventory Advice
To find out more about SPS Commerce EDI and the benefits of integrating EDI with Finale Inventory, contact a Finale service representative.
Benefits of Using Finale's SPS Commerce Inventory Solution
There are many benefits to using Finale Inventory as your inventory management solution.
Auto Update your other marketplace listings. Finale will keep track of all stock levels and will auto-update stock levels back to stock quantities to all your online selling channels every 5 minutes. Click here to see a tutorial video.
Instead of manually updating stock levels one product at a time, you can leverage Finale to quickly up bulk update stock levels.
Restock Forecasting. Finale Inventory’s sophisticated forecasting tools will look at your current inventory and historical sales data to give you an accurate estimate of when you should re-order from your supplier. Leveraging the sales velocity of a product, Finale will automatically calculate dynamic reorder points based on your inputs – supplier lead time, desired safety stock, and expected sales growth — to make smarter, faster-purchasing decisions.
High Transaction Volumes Support. Have peace of mind knowing that the architecture will easily support your growing business. Finale Inventory can currently support up 2 million products and up to 1M transactions per month. High transaction customers should consider leveraging our integrated turnkey mobile barcode solution to decrease warehouse operations times from receiving and picking while improving accuracy.
Multiple Shipping Location Support. The Shopify inventory management solution easily manages your inventory across multiple shipping warehouses from Finale.
Product Kitting. Present more selling options to your prospective customers by setting up kits or bundles from your existing products.