Electronic Data Interchange (EDI)

EDI reffers to the transmission and receipt of such common-place trading documentation as involves, purchase orders and credit notes.

EDI benefits

• A much faster trading cycle cutting out the postal services and ensuring a higher degree of accuracy and security.

• EDI trading can enable a company to offer shorter delivery times.

• An example is Philips, the Dutch electronics company.
  

The Technology and their Application

The general heading of IS can be broken down into six generic types-these are listed below;

• Data- Data technology is based on the collection.

• Text;

• Image;

• Voice;

• Vision;

• Communication.
  

Enterprise Resource Planning (ERP)

Enterprise Resource Planning (ERP) is a new type of application that includes powerful facilities to manage the enterprise as a whole.

ERP can also include models for the finance and human resources aspects of a business.