Electronic Data Interchange (EDI)

What is Electronic Data Interchange (EDI)?

Operations

Electronic Data Interchange (EDI) is a computer-to-computer communication method used by businesses to exchange electronic documents in a standardized format. EDI allows businesses to automate the exchange of information, such as purchase orders, invoices, and shipment notices, without the need for manual data entry or paper-based documents.

EDI uses a standardized format for electronic documents, which enables different computer systems to communicate with each other seamlessly. This format typically includes a set of data elements and codes that represent specific pieces of information, such as product codes, shipping addresses, and order quantities.

EDI can help businesses to streamline their operations and reduce costs by eliminating manual data entry and reducing errors. It also enables faster processing times and increased accuracy, which can help businesses to improve their supply chain management and customer service.

EDI is commonly used in industries such as manufacturing, retail, and healthcare, where the exchange of electronic documents is critical to business operations. While EDI was traditionally transmitted over private networks, it can now be transmitted over the internet using secure protocols and encryption.

More Terms

You Might Also Like

This is some text inside of a div block.

Out of Home (OOH)

What is Out of Home (OOH)?

Out of Home (OOH) advertising refers to any form of advertising that reaches consumers while they are outside their homes or workplaces.

This is some text inside of a div block.

HTML (Hyper Text Markup Language)

What is HTML (Hyper Text Markup Language)?

HTML (Hypertext Markup Language) is a standard markup language used to create and structure content for the World Wide Web.

This is some text inside of a div block.

CPM

What is CPM?

CPM stands for "Cost per Mille" (also known as "Cost per Thousand"), which is a metric used in advertising to measure the cost of reaching one thousand impressions or views of an advertisement.