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Electronic data interchange: where are we today?
Electronic Data Interchange is described by Monczka and Carter as the direct electronic transmission, computer to computer, of standard business forms between two organizations. In the purchasing environment, documents are transmitted "over the wire," eliminating the need to generate hard copies and to distribute them manually.
By utilizing EDI in purchasing, a buyer and a supplier are operating in a near 'real-time' environment, which can reduce incoming material delays by shortening procurement lead times. This allows both the buyer and the supplier to become more market reactive, thereby strengthening their competitive position.
Electronic Data Interchange ...
- Electronic Data Interchange and Electronic Commerce: The Future of Appraising.
- Magazine article from: Appraisal Journal Waller, Bennie D. October 1, 1999 700+ words
...paper-based transactions. Electronic data interchange (EDI) is the standardization...come to the realization that electronic data interchange is a competitive necessity. ELECTRONIC DATA INTERCHANGE Electronic data interchange...
- EDI helps group practices manage costs. (electronic data interchange)(includes...
- Magazine article from: Healthcare Financial Management Girton, Thomas A. Haupert, Carolyn S. June 1, 1996 700+ words
ELECTRONIC DATA INTERCHANGE Electronic data interchange (EDI) experts in the healthcare industry are advising...and healthcare industry experts expect the use of electronic data interchange (EDI) by physicians and physician groups to grow...
- E-marketplace watch.(Electronic data interchange )(Brief Article)
- Magazine article from: Information Age (London, UK) June 10, 2002 700+ words
Electronic data interchange Electronic data interchange (EDI), the 30 year-old electronic transaction standard, is still very much in use - despite earlier predictions that it would quickly be usurped by cheaper, non-proprietary and more...
- The basics of electronic data interchange.
- Magazine article from: Purchasing Porter, Robert September 13, 1990 700+ words
The basics of electronic data interchange Electronic data interchange (EDI) is the intercompany electronic transmission of business documents in a standard format. In order for the exchange to be truly EDI, the process must extend from business...
- Using EDI for utilization management. (electronic data interchange) (Electronic...
- Healthcare Financial Management Moynihan, James J. July 1, 1994 700+ words
Medicare and indemnity claims processing have been the main focus of electronic data interchange (EDI) insurance standards developments to date. But the first EDI standard developed expressly to meet the needs of the managed...
- Towards paperless international trade: EDI and EDIFACT. (electronic data...
- Magazine article from: International Trade Forum Bellego, Alain July 1, 1991 700+ words
...the Pacific region, your customer is now running his or her purchasing and payment system on the basis of electronic data interchange change (EDI). You therefore have no choice but to comply with this requirement if you want to avoid weakening...
- To centralize or decentralize? (centralization of financial functions using...
- Healthcare Financial Management Moynihan, James J. September 1, 1995 700+ words
...corporate office or decentralize those functions to financial managers at each hospital site. The advent of electronic data interchange (EDI) can act as a catalyst for financial managers to make such decisions. At least three areas of healthcare...
- Bell Atlantic improves data interchange. (electronic data interchange)...
- Magazine article from: American Banker March 15, 1993 700+ words
Bell Atlantic has improved its electronic data interchange service with software that can automatically translate data between computer business programs -- such as purchase orders, invoices...
