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What Electronic Data Interchange (EDI) is (conventional and internet based) and share with you some of the benefits and downfalls of operating such a system. Some
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Introduction I will expand on what Electronic Data Interchange (EDI) is (conventional and internet based) and share with you some of the benefits and downfalls of operating such a system. Some of the benefits are lower costs, improved accuracy, and decreased paper output and processing time. One main downfall is the initial cost of the implementation of the system. I will also give you an example of how a company uses this technology. Electronic Data Interchange (EDI) as defined by Roger Clarke: "the exchange of documents in standardized electronic form, between organizations, in an automated manner, directly from a computer application in one organization to an application in another." EDI has been around for several decades and it has been the primary method of conducting electronic business-to-business commerce. It contains the same information that would be found on paper documents used for the same function within an organization. The...
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