31
Jan

My first thought was either sales or financial statement, but since it is regarding information being electronically exchanged I think it might be vendor? Any assistance would be greatly appreciated. Thank you.


Answer:
EDI means electronic data interface. This is how most retailers share data with vendors, specifically purchase orders, ASNs, and cost changes. EDI is a great tool for eliminating human error.

EDI capability is definitely important when deciding to do business with a supplier. In fact, some retailers will not buy from vendors who are not EDI-capable.

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This entry was posted on Thursday, January 31st, 2008 at 3:54 pm and is filed under Other Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or TrackBack URI from your own site.

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