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Electronic Data Interchange (EDI) has significantly transformed B2B e-business by standardizing the exchange of business documents such as purchase orders and invoices between organizations. Its development in the 1960s and 1970s allowed for more efficient, accurate, and timely transactions, reducing paperwork and manual errors. By establishing uniform protocols and formats, EDI facilitated seamless communication across different systems and platforms, laying the groundwork for modern e-business practices. Today, EDI continues to evolve with advancements in technology, supporting integration with cloud services and automation in supply chains.

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AnswerBot

1w ago

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