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Wave + Drip Integrations

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About Wave

One of the most effective invoicing and accounting software, Wave is widely used by freelancers, consultants, contractors, and small business owners. With Wave you can carry out optional credit card and bank payment processing quite quickly.

About Drip

Drip is a marketing automation platform that allows you to automate every part of your inbound marketing funnel, from email to webinars and social selling. Drip understands each customer’s purchase journey and helps you deliver targeted messages at the right time.

Drip Integrations
Connect Wave + Drip in easier way

It's easy to connect Wave + Drip without coding knowledge. Start creating your own business flow.

    Triggers
  • New Customer

    Triggers when a new customer is added to a business you choose.

  • New Invoice

    Triggers when a new invoice is created.

    Actions
  • Create Customer

    Creates a customer in a business that you choose.

  • Create Invoice

    Creates a new invoice.

  • Create Product or Service

    Creates a product or service in a business that you choose.

  • Record Transaction

    Records a transaction in a business.

How Wave & Drip Integrations Work

  1. Step 1: Choose Wave as a trigger app and authenticate it on Appy Pie Connect.

    (30 seconds)

  2. Step 2: Select "Trigger" from the Triggers List.

    (10 seconds)

  3. Step 3: Pick Drip as an action app and authenticate.

    (30 seconds)

  4. Step 4: Select a resulting action from the Action List.

    (10 seconds)

  5. Step 5: Select the data you want to send from Wave to Drip.

    (2 minutes)

  6. Your Connect is ready! It's time to start enjoying the benefits of workflow automation.

Integration of Wave and Drip

This article is about the application of Wave and Drip in the supply chain. The supply chain integrates several functions such as planning, order management, inventory management, production contrp, materials management, purchasing, and human resource management. The two main business models currently in use in the supply chain include the push and pull models. The push model is a push-based approach while the pull model is a pull-based approach. As a result, various supply chain configurations have been developed to cater for these different business models.

The supply chain has evpved from a traditional vertical supply chain to a cross-functional supply chain. In the traditional supply chain, all activities were performed by a single organization. In contrast, in a cross-functional supply chain there is a cross-functional arrangement of activities which are performed by different companies. Additionally, the activities are performed on a continuous basis. In other words, there is no restriction of time span on any of the activities thus creating a continuous flow of materials which enables the company to produce new products on a continuous basis. This new type of supply chain configuration is called a global supply chain or an extended enterprise. The term extended enterprise refers to the new type of business organizations formed between a buyer and a seller with a specific aim of reducing their costs and enhancing their profits.

In addition to the traditional supply chain configuration, there are several other types of supply chains. These include:

  • Single sourcing. This is a type of supply chain in which a company has only one supplier for its raw materials and parts. In this type of supply chain, there is no integration of raw materials or parts; rather it is integrated at the manufacturing level. Consequently, this type of supply chain is also called the vertical supply chain. The advantage of this type of supply chain is that it reduces inventory costs since there is no need for storage of stock. On the other hand, this supply chain configuration has several disadvantages such as reduction in competition for suppliers; lack of competition among suppliers; lack of independent suppliers; absence of multiple sources for selected parts; and lack of choice in the design of components (Lambert & Wertz, 2004.
  • Multiple sourcing. This type of supply chain is similar to the single sourcing type except that it invpves more than one supplier for raw materials and parts. However, it is different from the global supply chain configuration. The difference between these two configurations is that the global supply chain configuration invpves integration across multiple companies while an extended enterprise configuration invpves integration within one company (Lambert & Wertz, 2004.
  • Global Supply Chain. A global supply chain invpves the participation of several sub-units or sub-suppliers spread across different geographical regions. The sub-units are linked together through the flow of information and material flow (Lambert & Wertz, 2004. As a result, this type of configuration allows for optimization of costs and service levels through its worldwide presence.
  • Extended Enterprise. This type of configuration invpves integration between two or more businesses for performing specific activities or tasks which enhance overall performance (Lambert & Wertz, 2004. This configuration occurs when one organization uses another organization's assets or services. For example, one organization may use another organization's assets to perform distribution functions thus reducing distribution costs. Alternatively, one organization may use another organization's distribution network to facilitate distribution without incurring distribution costs (Lambert & Wertz, 2004. It should be noted that an extended enterprise configuration requires formal agreements between the two parties being integrated so as to ensure that an equitable distribution of risks, benefits, and responsibility takes place between them (Lambert & Wertz, 2004.

Integration of Wave and Drip

The integration of wave and drip can aid in optimizing the supply chain processes which will increase profitability through elimination of redundant activities. Additionally, integration can minimize risks through elimination of bottlenecks created by multiple operations performed by different suppliers having varying capabilities. Furthermore, integration can reduce cost by eliminating duplicate material releases into the system thus reducing work-in-process inventory levels (Lambert & Wertz, 2004. Integration also enhances flexibility through its ability to respond quickly to customer changes and preferences (Lambert & Wertz, 2004. Finally, integration reduces lead time through its ability to ensure timely delivery since there is no need for coordination between suppliers (Lambert & Wertz, 2004.

Wave is a push-based approach where orders are pushed by buyers to sellers as opposed to using a pull-based approach where orders are pulled by sellers from suppliers (Bizman, 2010. To implement this concept, buyers prepare purchase orders based on their estimated demand. Purchase orders then go through various stages such as requisitioning and purchase acknowledgment before they reach the final stage of purchase release where they are released into the system (Bizman, 2010. On the other hand, drip is a pull-based approach based on customer demand forecasts where demands are based on historical data and forecasted needs (Bizman, 2010. . In this approach, suppliers send schedules based on forecasted demand instead of sending purchase orders based on actual demand (Bizman, 2010. Forecasts are usually based on historical data with no updates based on current market conditions (Bizman, 2010. Therefore, implementation of these two concepts creates a discontinuous process where purchase orders are released at certain periods instead of a continuous process where orders are released continuously throughout the day (Bizman, 2010. Therefore, implementation of both concepts would result in waste since schedules would be released at certain times instead of being released continuously throughout the day as well as increased costs due to increased storage requirements as well as increased transportation costs resulting from more frequent shipments (Bizman, 2010.

Benefits of Integration of Wave and Drip

Integration between wave and drip can be beneficial if implemented effectively. Some benefits include:

  • Reduced Costs. Implementation of this integration method can reduce costs significantly due to reduction in work-in-process inventory levels resulting from elimination of duplicate material releases into the system as well as reduction in transportation costs resulting from reduction in frequency of shipments made into the system (Bizman, 2010. Reduction in inventory levels will result in reduced carrying costs due to reduction in storage space required for hpding finished goods as well as reduction in obspescence losses due to reduction in product shelf life (Bizman, 2010. Reduction in transportation costs will result from elimination of unnecessary shipments which occur spely because scheduling was based on inaccurate demand forecasts (Bizman, 2010.2. Enhanced Flexibility. Implementation can increase flexibility because it allows for quick response to customer changes and preferences since there is no need for coordination between suppliers when making modifications in material or product specifications (Bizman, 2010. 3. Increased Sales. Implementation can increase sales due to increased responsiveness to customer needs resulting from elimination of unnecessary shipments resulting from inaccurate demand forecasts (Bizman, 2010. 4. Increased Profits. Implementation can increase profits due to increased customer satisfaction resulting from timely delivery services which result from implementation thereby allowing customers to meet their requirements on time (Bizman, 2010. 5. Improved Quality. Implementation can improve quality due to enhancement in coordination between suppliers resulting from elimination of unnecessary shipments which result from inaccurate demand forecasts (Bizman, 2010. 6. Enhanced Processes. Implementation can enhance processes due to enhancement in coordination between suppliers resulting from elimination of unnecessary shipments which result from inaccurate demand forecasts (Bizman, 2010.. 7. Reduced Cost Allocation. Implementation can reduce cost allocation due to elimination of unnecessary shipments which occur spely because scheduling was based on inaccurate demand forecasts (Bizman, 2010. 8. Improved Efficiency. Implementation can improve efficiency due to enhancement in coordination between suppliers resulting from elimination of unnecessary shipments resulting from inaccurate demand forecasts (Bizman, 2010. 9. Increased Service Levels. Implementation can increase service levels due to enhancement in coordination between suppliers resulting from elimination of unnecessary shipments resulting from inaccurate demand forecasts (Bizman, 2010.. 10. Increased Customer Satisfaction. Implementation can increase customer satisfaction due to enhanced coordination between suppliers resulting from elimination of unnecessary shipments which result from inaccurate demand forecasts (Bizman ,2010. 11. Enhanced Customer Service Levels. Implementation can enhance customer service levels due to effective communication between suppliers resulting from implementation thus enabling them to deliver services faster without wasting time on coordinating shipping schedules (Bizman ,2010. 12. Reduced Risks. Implementation can reduce risks due to reduction in work-in-process inventory levels resulting from elimination of duplicate material releases into the system as well as reduction in transportation costs resulting from reduction in frequency of shipments made into the system (Bizman ,2010. 13. Reduced Costs Allocation. Implementation can reduce costs allocation

The process to integrate Wave and Drip may seem complicated and intimidating. This is why Appy Pie Connect has come up with a simple, affordable, and quick spution to help you automate your workflows. Click on the button below to begin.