Demand for EDI

EDI technology had been developed about 30 years ago. It is a method by which business information with well-defined format is transmitted electronically from sender to receiver. EDI is the traditional technology to enable electronic business. Although there are new e-business technologies available now, the fact remains that EDI is still of major importance in the business world today and of the future. The EDI standards are continuously updated, and EDI projects are rolled out continuously from corporations and governments around the world.


Benefits of EDI

EDI allows companies to achieve speed, accuracy and efficiency of exchanging information and trading documents (e.g. Purchase Orders, Invoices, Shipment Notices etc.) internally and externally with trading partners. At the same time, EDI can also be integrated to the company's back-end applications for greater improvement in business operation and control.

Major benefits highlights:

- Improve transaction time in business information processing internally and externally
- Improve responsiveness of the business due to increase efficiency of business transactions
- Reduce the administration and operation costs
- Improve accuracy through the removal of human process
- Provide closer working relationships with trading partners and thus increase competitive advantage over competitors
- Improve security in transmitting trading documents
- Remove business issues associated with networking between time zones and geographical areas
- Improve capability to explore new business opportunities and markets
- Improve inventory management