EDI (Electronic Data Interchange)
EDI(Electronic Data Interchange) refers to a data transmission/reception function that supports logistics partners, organizations, and customers to deliver data necessary for logistics-related tasks in a defined format through a network. EDI has become a standard practice in logistics and supply chain management to streamline communication, increase efficiency, and reduce errors.
With EDI, trading partners can exchange documents such as purchase orders, invoices, bills of lading, and customs declarations electronically, eliminating the need for paper-based documents and manual data entry. EDI systems allow for seamless integration between different systems and enable faster and more accurate processing of transactions.
Some advantages of EDI are as follows: EDI can help to reduce processing times and costs associated with manual data entry and paper-based documentation, while also improving the accuracy and speed of transactions. It also allows for real-time tracking and monitoring of shipments, which can improve visibility and reduce the risk of delays or errors.
Source : ChatGPT