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Ecommerce Articles >> What is EDI

EDI: Short for Electronic Data Interchange, the transfer of data between different companies using networks , such as the Internet . As more and more companies get connected to the Internet, EDI is becoming increasingly important as an easy mechanism for companies to buy, sell, and trade information. ANSI has approved a set of EDI standards known as the X12 standard.

What is EDI?

Electronic Data Interchange (EDI) is the computer-to-computer exchange of business data in standard formats. In EDI, information is organized according to a specified format set by both parties, allowing a "hands-off" computer transaction that requires no human intervention or re-keying on either end. All information contained in an EDI transaction set is the same as on a conventionally printed document.

Organizations have adopted EDI for the same reasons they have embraced much of today's modern technology-enhanced efficiency and increased profits.

Benefits of EDI include:

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Reduced cycle time

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Better inventory management

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Increased productivity

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E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Reduced costs

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Improved accuracy

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Improved business relationships

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Enhanced customer service

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Increased sales

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E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Minimized paper use and storage

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E-Commerce sites in India, UK, USA, France, Germany, Australia, Europe, Middle East, US & Europe

Increased cash flow

The standards are designed to work across industry and company boundaries. Changes and updates to the standards are made by consensus, reflecting the needs of the entire base of standards users, rather than those of a single organization or business sector. Today, more than 300,000 organizations use the 300+ EDI transaction sets to conduct business.

Our CEO's Findings & Detailed Project Report on Ecommerce

Incentives Engaging In E-Commerce Preface Economic Potential of Electronic Commerce The Eco System Benefits of the Internet for Electronic Commerce What is EDI? Some other relevant services to consider Tips for Beginners Website Quality E-Commerce-Skills & Training Institutes Advanced E-Commerce E-Commerce Case Studies Offline (conventional) marketing Online marketing Five Levels of Internet Marketing and the Sales Process Top 10 keys for online retailers to build their bottom lines How to Define Your Brand ? What is a lead?	Electronic Payment Schemes Layered Protocol Model Payment Protocol Models What is E-commerce? Benefits of E-commerce What is E-marketing? Ecommerce: Search Engine Optimization Ecommerce: Marketing Tools History of E-commerce Key success factors in e-commerce E-commerce problems Acceptance of e-commerce What advantages do huge corporations have? What advantages do smaller companies have? PPC Search Engines: Web Analytics Making a Hit with Your Marketing Campaign – Part 1 Making a Hit with Your Marketing Campaign - Part 2 20 points to consider when selling online	Uses for E-marketing Key E-marketing benefits E-Commerce Categories Legal Terms - E-Commerce Types of E-Commerce Design your own website Tools to boom E-Commerce List of famous dot-coms E-Business Applications Scope of e-business applications Internet Marketing E-commerce: Search Engine Optimization E-mail marketing tools E-Commerce: Advertising Metrics Indian Scenario- The Information Technology Act, 2000 Year 2001 Internet/E-Commerce Statistics Conclusion Bibliography Web Standards
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Disclaimer: Please note that all the contents and findings mentioned in the CEO's findings on Ecommerce are propperty of their respective owners. We shall not be held liable, responsible for any damages or loss caused due to usage of this information.

Information last updated: 8th May 2006.

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