EDI or Electronic Data Interchange
  EDI is a computer to computer exchange data between two businesses in a standard data format
 
Three key concepts about EDI
  1. EDI is most efficient way for information to flows directly from sender’s computer system into the receiver’s computer without manual intervention.
  2. Bills of lading, invoices, shipping orders and payments. EDI is not used for business documents like contracts or information meant for business to read and analyze.
  3. Improve Customer Service the quick transfer of business documents and marked decrease in errors allow you to do business faster and more efficient.

EDI shipment status features

  1. Tracking information sent out automatically
  2. Enables integration into customer website, order managements or internal tracking system
  3. Streamlines tracking process
  4. Offers frequents updates
  5. Multiple transmission and format options available
  6. Customer defines schedules and shipments status events

Benefits of EDI

  1. speed- data can move directly from one computer system into another without or with little delay
  2. accuracy – errors are reduced due to data not being re-entered
  3. security – you’re most likely to lose information transmitted through fax or e-mails. EDI data can only be accessed by authorized users; it cannot be easily changed by any unauthorized user