What is EDI ?

EDI is the short form for Electronic Data Interchange , exchange of electronic data using inter-organizational information system.  In other words, EDI is an inter-organizational computer to computer exchange of standard business docs, in a structured and machine processable format, with the objective to  eliminate duplicate data entry and to improve the speed and accuracy of the information flow.

 

How EDI Works ?

EDI require set of hard ware and soft ware and standards that accommodate the EDI process.

 

Who uses EDI ?

 

What is ERP ?

ERP is the short form for Enterprise Resource Planning,   a business process to integrate all functions across a company to a single computer system that can serve all specific needs of the company. ERP is  an integrated set of application software modules ,providing operational, managerial and strategic information, to improve the productivity, quality and competitive advantage. It may also integrate key customers and suppliers as part of the enterprise’s operation and provides integrated database and custom-designed report systems. It also adopts a set of “best practices” for carrying out all business processes. Integration” is the key word for ERP implementation.

 

Major reasons for adopting ERP

ü  Integrate financial information

ü  Integrate customer order information

ü  Standardize and speed up operations processes

ü  Reduce inventory

ü  Standardize Human Resources information