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1. Essential for B2B commerce 2.Electronically data interchange 3. Not required for B2B commerce 4. Still being evolved
Segments (or sentences) are combined to create a Transaction set (or paragraph or document). Two commonly used EDI standards are: EDI for Administration, Commerce, and Transport (EDIFACT) - generic international. American National Standards Institute/Accredited Standards Committee X12 (ANSI ASC X12) - generic.
Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners.
By moving from a paper-based exchange of business document to one that is electronic, businesses enjoy major benefits such as reduced cost, increased processing speed, reduced errors and improved relationships with business partners.
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option 2 .Electronically data interchange is the answer
It comes on 2.Electronically data interchange
Electronically data interchange..............................................
EDI stands for Electronic Data Interchange.
Hello Team,
There are several EDI standards in use today, including ANSI, EDIFACT, TRADACOMS and ebXML. And, for each standard there are many different versions, e.g., ANSI 5010 or EDIFACT version D12, Release A. When two businesses decide to exchange EDI documents, they must agree on the specific EDI standard and version.Businesses typically use an EDI translator – either as in-house software or via an EDI service provider – to translate the EDI format so the data can be used by their internal applications and thus enable straight through processing of documents.EDI standards are generally independent of communication methods and can be transmitted using any number of methods, also called protocols. One common way is called Applicability Statement 2 or AS2 providing specific security measures for data transmitted over the Internet
Regards,
Saiyid
This is not Area of my specialization, I hope to invite only specialists in this area
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