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Showing posts from February 1, 2012

EDI

--> Supply Chain Management is the management of interconnected businesses involved in procurement of goods and services required by the end customer. Often EDI (Electronic data Interchange) supply chain work companies see the value of handling all master data electronically which helps them in eliminating data entry errors and verbal misunderstandings, since all the data is stored on the computer system, and so, it becomes easy to even find the data which was stored a number of years ago. This concept is very widely used in retail stores in the malls and grocery stores. It helps in eliminating paper work to a large extent for big stores, since all the information is stored on the system for each and every item available in the particular store. There are basically two aspects in Supply Chain, namely; 1)       Primary Aspect       This includes: i)                     Inbound Logistics For this inventory management system is maintained to keep the track of