Electronic data interchange (EDI) is a way of conducting inter-organizational transactions electronically. It is 'the inter-company computer-to-computer communication of standard business transactions in a standard format that permits the receiver to perform the intended transaction’.
There are many benefits of EDI for businesses of all sizes, operating in many sectors including retail, food, logistics, distribution, construction, manufacturing and many more.
Electronic transmission of data between trading partners is the only way to get rid of a bad synchronization between a fast goods flow and a slower document and data flow.
In an EDI environment the sending application generates a business transaction, transmits it to the receiver, and the receiver uses the data as input to the receiving application.
EDI is intended to allow the receiver to perform a 'standard, structured business transaction' automatically, e.g. accept and process a purchase order or bill a customer.
EDI enables the fast, accurate, reliable and automated exchange of business documents, removing the need for manual paper-based processes.
Electronic data interchange
A computer system comprises hardware and software components, aiming to offer a powerful computational tool. These systems play a crucial role across diverse domains, aiding us in numerous tasks. The prevalence of the internet has significantly bolstered the utilization of computers for information sharing and communication. Computer systems empower us to store, process, display, and transmit information. Even in a basic modern computer system, multiple programs are typically required to carry out various functions effectively.
The Most Popular Posts
-
Doxxing is the word coined to describe the process of releasing of personally identifying information to the public without their consent. ...
-
The utility programs is a type of system software that allows a user to perform maintenance-type tasks, usually related to managing computer...
-
The trash can has been a familiar presence on computer desktops starting with the early Macintosh systems. Unwanted files can be moved t...
-
Spreadsheet is a simple worksheet consisting of rows and columns in which any data can be entered. It does calculations and other operation ...
-
CyberCash Inc. was founded in 1994 and is performing secure credit card presentations since April 1995. CyberCash provides a range of commer...
-
-
An international team of researchers from Switzerland, the United Kingdom, and Canada has identified the gene responsible for a rare but life-threatening...
-
Adenosine diphosphate (ADP) is a key molecule in cellular energy regulation, consisting of adenosine and two phosphate groups. It is central to the cell's ...