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EDI(Electronic Data Interchange)

EDI(Electronic Data Interchange)   Traditional way of EDI EDI is an electronic exchange of business documents in a standard computer processable universally accepted format between the trading partners. It is different from e-mail/file sharing on network as both the trading partners have to agree on a common format of business documents that is to be send as data files over electronic message device. Once the data which is entered in desirable format it can be easily computed to and fro.   Reorder level: Ordering after a certain level/limit eg: barcode The repeated keying of identical information in the traditional paper based systems creates a number of problems such as increased time, low accuracy, high labor charges, increased uncertainty. EDI maintains common electronic format for business document such as purchase order, request for quotation, invoice etc. These are called electronic transaction sets. The communication occurs between computer and c