HISTORY OF EDI ¢ It was not until the 1970’s, when work began for national EDI standards. ¢ Both client and vendors input their requirements to create a set of standard data formats that were hardware independent; were unambiguous and could be used by all trading partners; reduced labor-intensive tasks such as data-entry; allowed the sender of data to control the exchange including receipt confirmation of by the other party EDI implies the computer-to-computer exchange of business data in a standard, machine-processable format. The information is generally patterned after a conventional paper document, such as a purchase order or invoice. It is a “paperless trading” Components of EDI ¢ Trading Partner A trading partner is any company, government department, or commercial or non-commercial entity with whom an organization regularly exchanges documents of formatted data (not just letters or memos ¢ Tradin
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