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An EDI system is basically the system in which business data is exchanged, mostly purchase orders and invoices.
An EDI sytem, or electronic data interchange, is basically the electronic transferring of data between a vendor and a consumer.
An EDI system (Electronic Data Interchange) is used to transmit data from one source to another, usually translating from one format to another. In practice, EDI is used to send billing from one company (for example, on a Unix system) to another company (On a NT network) in a format that is readable. It is also sent automatically, without any human intervention. Other applications typically include shipment tracking (updates when it gets to certain key points), inventory updates, and other mission critical tasks. This is a simplified answer, as it is much more complex and useful than that, but that is the gist of it! ;-D
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What are the differences between internet based edi and traditional edi system?
Type your answer here... edi is a electronic data interchange
What is a web edi and what is it used for?
A web edi is an electronic data exchange system. It is used for transferring data safely between two organizations via electronic means. It is basically a more secure version of email.
What are the components of EDI system?
EDI System ComponentsAn EDI system consists of all of the components necessary to exchange EDI transactions with trading partners who are EDI capable. The major components are EDI translation software, user or system interfaces, hardware, maps, EDI guides, a communication network and EDI experienced personnel. A company that wants to be EDI capable will have to either buy the components or outsource all of the EDI systemcomponents to a third party.EDI transactions are very compact and difficult to read and manipulate. EDI translation software provides the ability to translate EDI data into a file format that can be interfaced with a company's in-house systems or translated into forms that can be used by users.EDI translation software supports the development and maintenance of maps. Maps are required to manipulate each transaction type. Every transaction type with every partner will be formatted differently. The map translates the EDI transaction into a useable file format.EDI guides are provided by EDI trading partners to communicate how each transaction type will be formatted. The EDI guides must be followed exactly in order to be EDI compliant with a particular EDI partner. The EDI guides are used to develop maps. Follow this link to see an example of an EDI guide.Hardware is required to run EDI translation software. The computer hardware must be sufficiently powerful and reliable to support exchange of EDI transactions 24 X 7 in compliance with trading partners' transmission schedules.A communication network is necessary to send and receive EDI transactions. A company can elect to either communicate EDI transactions using a direct AS/2 connection to a trading partner if the trading supports such a connection, or communicate with trading partners using a VAN. A VAN is a third party network provider that is a communications intermediary with other trading partners.And perhaps most importantly, expertise is required to implement each of the EDI system components and maintain each of the specific maps for all of a company's EDI trading partners
How edi works?
EDI works in such a way that a buyer prepares an order in his purchasing system. Upon approval, the EDI order is translated into an EDI document format. The EDI purchase order is then securely transmitted to the supplier via supplier's Value Added Network.
What happens in EDI?
In the EDI system, interlinked computer systems are placed at every point of the manufacturing and sales process
What is the difference between Paper based Business EDI Business?
In paper based system the user is automatically notified non electronic when he places a order in the inventory system whereas EDI business doesn't do that. Also EDI system trigger's a buyer signal electronically.
What type of information system is an EDI or EFT?
e- commerce information system
What is electronic data interchange used for?
EDI is used by financial institutions and supply chains to process transactions. A prime example of EDI are the automakers - they rely upon EDI to maintain SCM and their production goals.
What is special about EDI transactions?
EDI transactions are special in that they are used as transactions that are specially reviewed and in case of error occurring. EDI stands for Electronic Data Interchange.
What type of informaiton system is an EDI or EFT?
E-Commerce
What is EDI application in business?
EDI is a standard used for all business documents, like Purchase Orders, Ship Notice, Ship Manifest, Invoices and Freight Bills. EDI standards are used by companies that wants to conform to standard way of transacting business documents. X12 and EDIFACT are two widely used EDI standards.
What does EDI mean for an insurance product?
Electronic Data Interchange... So an EDI Insurance policy would be sent from a broker/intermediatery system to the Insurance companies system without any need for the insurer to process anything.
