You are on page 1of 4

Industries Using EDI

Healthcare:

EDI systems keep medical and surgical supplies in stock and distribution services
operating seamlessly. At EDI Partners, Inc. we support manufacturers, distributors and
hospitals to insure that the intricacies of healthcare needs are handled in the fastest,
most efficient manner possible.

We’ve been there since the first JIT projects to automate supply chain management
between hospitals and providers, and our experience continues to grow.

Medical/surgical supplies:
Order to cash — 810, 820, 850, 855, 860, 865
Inventory management — 846, 852, 855, 856, 861, 867
Rebates & Pricing — 832, 844, 867

EDI Partners was at the leading edge of HIPAA with early implementations of the 837
transaction in the mid ’90s. Armed with that experience, EDI Partners served as lead
HIPAA 4010 EDI architects for a number of large payer organizations. With more than
25 years of healthcare experience, EDI Partners is poised to assist you with your
HIPAA 5010 needs.

See the listing below for examples of some of the transactions we manage. We’re
committed to finding innovative solutions for your company and we’ve got the tools to
do the job right.

Claim / Payment – 837, 835


Eligibility Inquiry and Response – 270, 271
Claim Status Inquiry and Response – 276, 277 
Health Claims Attachments – 275 and Enrollment 834.
HIPAA 5010.

Grocery/Food Service:

Keeping the food service pipeline running smoothly is a complex process. The
relationships between suppliers, private labelers, brokers, distributors and retailers can
be complicated, and that makes the corresponding EDI transactions challenging too.
EDI Partners has the broad experience and technology to deliver the best solutions to
each partner in the food service chain. Whether your company requires a specially
designed EDI program, additional support for trading partners and documents, or cost
savings outsourcing services, EDI Partners has the tools to streamline your business.

Automotive:

OEM and tier 1 suppliers are among the most experienced EDI users in any industry.
One of the challenges in automotive implementations is the wide variety of standards
and requirements. EDI Partners has implemented automotive EDI in Europe, Asia, and
the Americas. We understand the nuances of JIT, Kanban, X12, and UN/EDIFACT EDI
requirements. We’re experts on the complexities of industry standards, and we’ll keep
your company on track, so that you can focus on growing your business.
Banking:

It’s been a year of dramatic change and upheaval in the banking and financial sectors
and more than ever clients need partners who are reliable. At EDI Partners, we’ve been
monitoring the security of banking systems and providing exceptional service for more
than 12 years. Call on us for implementation of secure, credit-driven, guaranteed
payment EFT systems with the 820, 824, and 997 transactions. 

In addition, the team at EDI Partners is experienced with integrating security firms and
title search companies with the banking community. We’ll give you faster, more efficient
operations with the confidence of safeguarded systems you can trust.

Energy:

EDI Partners is about customer relationships, mastery of technology and the ability to
adapt to changing markets. These strengths proved invaluable when Old Dominion
Electric Cooperative selected EDI Partners as their preferred outsourcing vendor. We
were able to handle complex EDI implementations for them utilizing enrollment 814,
invoicing 810, usage 867 and payment 820 transactions. We’re proud to partner with
them to keep EDI processes flowing smoothly and faster than ever. 

Whether using EDI in a deregulated market or just doing a better job of managing
power consumption, EDI Partners is the answer to your EDI needs.

Legal:

EDI Partners implemented the first debt collections network based solely on EDI. We
worked with trading partners including American Express and Sears to streamline the
debt collection process and improve efficiency.

Finding flexible solutions and delivering exacting results is the EDI Partners team focus.

Manufacturing: 

In the world of manufacturing, producing more output in the fastest, most precise way
possible is the key to success. EDI Partners helps to maximize that efficiency with
customized EDI integration with production planning, purchasing, inventory control,
sales order to cash and an array of other functions that enable manufacturing
companies to reach new heights of productivity. Our team guides customers through
the process of strategizing and implementing systems and is there with prompt
customer service whenever needed. By streamlining supply chain operations and
reduce expenses we give you more for your money.

Supply Chain: 

EDI is a key component of supply chain management. While the technology is fairly
straight forward, coordinating the activities between suppliers, intermediaries, third-
party service providers, and customers can be quite challenging. This is where
customer service and specialized attention become critical, and the EDI Partners team
excels at both. Our experts will collaborate with you in order to integrate your business
requirements with the supply chain business entities.
We'll oversee your EDI needs to insure seamless supply chain functionality and
excellent visibility from start to finish.

The EDI Partners team gives you a global view of your business pipeline so that you
can be optimally informed and responsive for maximum success.

What is the difference between Procurement, Purchasing and


Sourcing
Posted on April 4, 2017 by Shivani Paturkar

difference between Procurement , Purchasing and Sourcing

The most challenging task for a Procurement professional is getting his procurement
terminology right in order to define his scope of work. The pain area is, these terms are
often used interchangeably. Though it’s a fact that these terms mean the same, but the
can’t be used interchangeably.

One of the very good examples of this is “ Purchasing”, the term Purchasing is used as a
synonym to procurement but, holds a different meaning altogether under procurement
industry. As a result, such variations can hinder the effective communications among
the businesses.

The concern at the top level is unless we understand the basics of procurement, we
wouldn’t be able to effectively communicate our scope of work. So, here in this article,
We pen down some key terms or Procurement concepts that would help you get your
procurement terminology right.

We start with defining Procurement; What is Procurement?


Procurement is a business management function. Procurement is essentially an
acquisition of products and services, especially for the business purpose. It covers a
complete range of activities from identifying the need of goods and services to its
allotment. In a more broader sense if we talk, Procurement involves activities like;

1)Selecting vendors
2)Establishing payment terms
3)Negotiating Contracts
4)Regulatory compliance
5)Analysis and sourcing

Thus, procurement is an umbrella term under which Purchasing is just a component.


Since procurement is an umbrella term and includes all the core business activities, it
should be considered an important corporate activity.

Coming to Purchasing, Purchasing is a subset of Procurement. Though these terms are


being used interchangeably they mean different. Purchasing simply involves buying and
selling of the goods and services. Purchasing is only restricted to receiving and making
payments. Purchasing can be best known as the transaction-oriented function of
Procurement.
Sourcing, as the name implies, is a finding a source from where the goods and services
can be procured. It is a subsection of the procurement, where, procurement is concerned
with acquiring of goods and services, sourcing is finding a least expensive supplier for
those goods. Since the business profits heavily rely on finding the best source of
suppliers it is considered to be the first step taken by the business before its first sale.
These are the some of the basic concepts of the procurement used in the business world
and by getting a fair idea of the differences in the procurement terminology, will help us
enhance the understandability of the procurement industry and stop letting us from
using these terms interchangeably to avoid any miscommunication.

You might also like