What is EDI?
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Electronic Data Interchange, short EDI, defines the automated electronic exchange of business documents which are being exchanged frequently and in large numbers among trading partners. These documents can be e.g. orders, delivery notes or invoices. The exchange is based on a globally unique identification- and encodingsystem for adresses, products, dispatch units, services and locations by the standardization organisation GS1.
Benefits through EDI
The efficiency of the automated process grows with the number of documens and the frequency of the electronic exchange. Your company benefits thus from:
- Efficient and fast business processes
- high data quality
- low error rates
- High cost efficiency
The pioneer of the branch-wide realization of electronic data interchange is the consumer goods industry. Meanwhile there are many other branches such as automotive, banking, D.I.Y., Drugstore, gastronomy, furniture, textile sector, pharmaceutical, logistics and many others who actively use EDI.
EDI from A to Z
Here you find the most important terms and explanations used for Electronic Data Interchange.
