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

Explain relationship between planning and organizing, Fully describe relati...

Fully describe relationship between planning and organizing. Explain how the controlling function does or does not relate significantly to the planning function.

What is grapevine, What is Grapevine? Ans: Grapevine is an informal ...

What is Grapevine? Ans: Grapevine is an informal communication system.

Digitra; cell phone, Ask que Prepare Paul Jordan’s report to John Smithers ...

Ask que Prepare Paul Jordan’s report to John Smithers using regression analysis. Provide a summary of the cell phone industry outlook as part of Paul’s response. stion #Minimum 100

What is queuing theory in operation management, What is queuing theory in o...

What is queuing theory in operation management? Queuing theory is usually seems a branch of operations management since the results can be used to plan for resources require

What are long-term, What are long-term, departmental and Non-Economic decis...

What are long-term, departmental and Non-Economic decisions? If long term decisions, the time period covered is long and the risk included is more. Departmental decisions rela

The transformation process model and systems thinkin, #qu1) Using the trans...

#qu1) Using the transformation process model and systems thinking concepts, explain the key operations TGL works. Pay particular attention to flow of materials and the role played

Explain how would you evaluate this contest, Part 2: Case Floor-Shine Clea...

Part 2: Case Floor-Shine Cleaning Products Case Focus: This case illustrates the use of a sales contest in an attempt to boost sales. Several potential problems resulting fro

Platts and gregory approach - operation management, Platts and Gregory Appr...

Platts and Gregory Approach - Operation Management The Platts and Gregory approach has three steps and is based on the approach of comparing what the market wants with how the

Define high inventory holding cost can lead to low eoq value, 1)The standar...

1)The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is

Normal distribution of frequency in the histogram, Normal Distribution of F...

Normal Distribution of Frequency in the Histogram The frequency distribution in the histogram was obtained from 200 measurements segregated into seven classes, each class havi

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