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8 Cards in this Set
- Front
- Back
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what is EDI
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the computer to comouter exchange of data necessary to process business transactions
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When should you use EDI.....4 examples
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Established partners
Time critical transactions Routine transactions Frequent transactions |
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what elements do you need to use EDI
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EDI standards( X12, EDIFact), EDI software, EDI communications network (value-added network)
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What activities does the sender perform in EDI
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1) process business transaction
2)translate to transaction set (functional group) 3)Add to envelope 4)Transmit envelope |
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What activities does the receiver perform in EDI
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5) recieve envelope
6) Extract and verify transaction set 7) Send functional acknowledgement 8) translate to business transaction 9)Process business transaction |
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What are the integrity checks in an EDI transaction
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A)verify control totals
B) check for functional acknowledgements C) check transaction details |
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What are some costs of using EDI......6 examples
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Personnel costs
Training Software Communications network restructuring Lost productivity |
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What are some benefits of using EDI...5 examples
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Faster processing
Reduced costs(Inventory,Handling) Reduced errors Competitive advantage Improved cash flow |
