API is an abbreviation for the phrase Application Program Interface.
Essentially, API’s are rules that programmer’s follow when building software applications. They specify how software components should interact.
Each piece of software has its own unique APIs. Developers can use these APIs to build integrations between software solutions.
This is how SkuVault is able to integrate with so many various eCommerce software solutions; from shipping solutions to online storefronts, we’ve got an integration built for most all-major eCommerce software solutions.
For a more extensive overview of how SkuVault uses APIs to integrate with our partner companies, please visit our features page here.
FTP is an abbreviation that stands for File Transfer Protocol. This is a standardized procedure for transferring computer files between a client and server via a computer network.
SkuVault utilizes FTP to keep you constantly updated on your suppliers’ quantities. It becomes both time consuming and tedious to have to constantly contact your supplier to find out if they have the products you need to reorder. Let’s face it, email, while convenient, isn’t the most efficient form of communication. We understand that when retailers run low on inventory, they need to reorder more quickly.
SkuVault can pull the available quantities from your supplier and send it directly to you via FTP – keeping you constantly up to date on what is available to be purchased. This, in turn, helps to constantly keep your products in stock. Out-of-stocks can be detrimental to retailers and our FTP based product feeds work to eliminate out-of-stocks for retailers.
The technical definition of Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners.
EDI’s are a standardized method of exchanging electronic data for businesses. For eCommerce companies this could be purchase orders, invoices, or receipts.
The universal standardized format of EDI’s allows companies to electronically interpret and record the data that is being exchanged rather than requiring humans to interpret and record the data. This speeds up the processing of these documents and eliminates the potential for human error.
When our partners build custom EDI’s via SkuVault, they have used our API’s to retrieve our data, convert that data, and then send it to their partners or suppliers. Once built, SkuVault can automatically send your purchase order via EDI to your designated supplier. But SkuVault doesn’t just streamline the purchase order process; we also do the same with invoices, receipts, and sales records as well.