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Electronic Data Interchange (EDI): An Introduction.

Business Credit

| October 01, 2001 | Clarke, Roger | COPYRIGHT 2001 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Definition

Electronic Data Interchange (EDI) may be most easily understood as the replacement of paper-based purchase orders with electronic equivalents. It is actually much broader in its application than the procurement process, and its impacts are far greater than mere automation. EDI offers the prospect of easy and cheap communication of structured information throughout the corporate community, and it is capable of facilitating much closer integration among hitherto remote organizations.

A more careful definition of EDI is "the exchange of documents in standardised electronic form, between organizations, in an automated manner, directly from a ...

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Source: HighBeam Research, Electronic Data Interchange (EDI): An Introduction.

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