EDI (Electronic Data Interchange) is the transfer of data from one computer system to another by standardized message formatting, without the need for human intervention. EDI permits multiple companies, even in different countries, to exchange documents electronically.
Integrated B2B EDI is a superior option for high frequency ordering and the exchange of electronic documentation. Some of which, includes:
- Purchase Orders
- Purchase Order Acknowledgement
- Request for Quotation
- Advance Ship Notice
Immediate Advantages and Long-Term Benefits of EDI
Reduce Error, Increase Efficiency
By moving from a paper-based exchange of business documents to electronic, businesses enjoy major benefits such as reduced cost, increased processing speed, reduced errors and improved relationships with business partners.
Reduce Operational Cost, Increase Response Time
Data is entered into your business system and automatically sent to your supplier. Automatic transmission will cut out labor time and increase productivity. The less time it takes for a document to be transferred, the less time it takes to receive a response.
Make Use of "Green Technology"
The migration from paper to electronic transactions not only decreases cost, lead times, fulfillment cycles, and inventory levels -- but also paper usage, which is of benefit to the environment.