How electronic data interchange, Operation Management

Assignment Help:

Describe how Electronic Data Interchange (EDI) has helped transform Business to Business (B2B) operations. 

Business to business (B2B) operations refers to the way in which buyers and sellers trade with one another in a supply chain without dealing with the ultimate consumer. It thus includes manufacturers, wholesalers and retailers but not end customers.

 B2B operations have been transformed by technology and information systems containing Electronic Data Interchange (EDI). EDI is the structured transmission of data among organisations by electronic means. The technology permits a transfer of electronic documents or business data from single system to another and hence from single trading partner to another. 

The adoption of EDI has led to the use of consistent documentation and a faster exchange of paperwork when transacting business like purchase orders and invoices so saving time.  

 


Related Discussions:- How electronic data interchange

What is basic naive method, 1. The monthly sales for Telco Batteries, Inc.,...

1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20

Explain fundamental purpose of supply chain design, 1. The purpose of suppl...

1. The purpose of supply chain management is to synchronize a firms processes with those of its suppliers and customers. 2. Supply chain management tries to match the flow of ma

Explain legal side of the decision-making process, Assume that as a result ...

Assume that as a result of HR planning, a mental hospital identifies a shortage of therapists but a surplus of case workers. Discuss the actions that you would take to address the

Define organizational behaviours in certain situations, A number of persona...

A number of personality dimensions are identified (Big Five, attitudes, locus of control, etc.). What are the strengths and weaknesses of some of the personality dimensions in vari

Explain intangible services are perishable services, Which of the following...

Which of the following is not a characteristic that distinguishes services from goods? Service jobs are unskilled A service is intangible Services are perishable Services are heter

Explain maintaining both individual and team identity, What are some of the...

What are some of the challenges inherent in maintaining both individual and team identity? Please provide real world examples.

Illustrate overview of operational functions or departments, Illustrate the...

Illustrate the overview of operational functions or departments? Organisations create products or deliver services and act rely heavily onto operational processes to create eff

Explain what happens to throughput and cycle time, Consider a production sy...

Consider a production system that consists of a single station with a production rate of 1 part per minute and a process variability given by Ce=1. a) Suppose the system is run

Importance of layout, Importance of Layout 1. Economic in Handling : ...

Importance of Layout 1. Economic in Handling : Nearly 30 per cent   to 40 per cent of the manufacturing costs in accounted for by materials handling. Every effort should ther

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd