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  • Why EDI

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    Aisha Singh
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    EDI refers to the electronic exchange of information between businesses using a standard format. While implementing EDI requires an initial investment in technology, it provides ongoing business benefits that outweigh the costs. EDI improves business processes like workflow and documentation, lowers costs, and strengthens supplier and customer relationships. Therefore, EDI is considered 90% business and only 10% technology due to the significant business advantages compared to the relatively minor costs of the technical implementation.

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    EDI refers to the electronic exchange of information between businesses using a standard format. While implementing EDI requires an initial investment in technology, it provides ongoing business benefits that outweigh the costs. EDI improves business processes like workflow and documentation, lowers costs, and strengthens supplier and customer relationships. Therefore, EDI is considered 90% business and only 10% technology due to the significant business advantages compared to the relatively minor costs of the technical implementation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    23 views1 page

    Why EDI

    Uploaded by

    Aisha Singh
    EDI refers to the electronic exchange of information between businesses using a standard format. While implementing EDI requires an initial investment in technology, it provides ongoing business benefits that outweigh the costs. EDI improves business processes like workflow and documentation, lowers costs, and strengthens supplier and customer relationships. Therefore, EDI is considered 90% business and only 10% technology due to the significant business advantages compared to the relatively minor costs of the technical implementation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Why EDI IS 90 PERCENT BUSINESS AND 10 PERCENT

    TECHNOLOGY?
    EDI refers to the computer to computer exchange of information into the
    standard format between the two parties. The development and installation of
    EDI in a business requires one –time investment but the benefits continued for
    the long period. EDI benefits the business in the various ways and includes
    reduced cost, automated workflow, faster documentation and better and smooth
    relationship between the supplier and customers. It helps the business towards
    the goal of profit maximization and gives accuracy, speed and efficiency to its
    business transaction. The investment cost in technology consists of 10 percent of
    its total cost but it gives 90 percent business to the business organisation. So
    that EDI IS 90 PERCENT BUISNESS AND 10 PERCENT TECHNOLOGY.

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