EDI (Electronic data Interchange)
Electronic data Interchange (EDI) is the electronic, computer to computer transfer of standard business documents between organizations. EDI is used extensively in LIS (Logistics Information System) to enhance the breadths, timeliness, and quality of data. EDi applies to almost every aspect of integrated Logistics ranging from paperless documentation flows to warehouse management with barcode scanner. EDI transmission allows a development to be directly processed and acted upon by the organization which receives the information. EDI replaces traditional transmission of documents such as mail, telephone and even fax.
Advantages of EDI:
- Cost reduction
- Productivity gains
- Faster order cycle times
- Better focus on the customer
- Reduced clerical work, paper and postage
- Means to achieve a competitive edge, better working relationships with trading partners.
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