Saturday, 23 August 2014

E.D.I



When I in primary school, I have a dream to be a businesswomen and have a big company that can export and import product from oversea. Now, I have been in related track with my dream. Because I want exports and imports product there be one system that can I communicated with others company by use internet only. Its call EDI or full name ELECTRONIC DATA INTERCHARGE.


Hows EDI be using 



·         Did you know EDI? EDI means the computer system from one company can talk to other company system of another company and have digitally exchange data.

  •           Important learning about EDI is important for having a productive           dialogue with customers that require it.

  •          While utilizing EDI maybe a result of a mandate by our customer, it          can certainly bring significant benefits to our operations.


COMPONENTS :

  1.          EDI software translates information from our accounting system into the EDI format
  2.          EDI mapping allows our accounting system to sync with our customer’s system
  3.          EDI VAN - Transaction Network needed to send and receive transactions.



BENEFITS :


  •          TIME DELAYS

Delays are caused primarily by two factors. Paper documents may take days to transport from one location to another. Manual processing delays are caused by the need to key, file, retrieve, and compare data.

  •          ERRORS

Information is keyed multiple times and documents are transported, stored, and retrieved by people, non-EDI systems tend to be error prone.

  •          UNCERTAINTY

Uncertainty exists in two areas .First, paper transportation and other manual processing delays mean that the time the document is received is uncertain. Second, , the sender does not even know whether the transaction has been received at all nor whether the receiver agrees with what was sent in the transaction.


  •       LABOUR COSTS


While automated equipment can help with some of these processes, most managers will agree that labor costs for document processing represents a significant proportion of their overhead. In general, labor-based processes are much more expensive than non-labor-intensive operations involving computers and telecommunications.






Note said :
#EDI very important to the business environment it will make works more faster and easier.
References :
#edibasics.com
#www.up.com
#wikipedia.com

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