scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 722
The Electronic Data Interchange EDI process will be implemented within the Riordan group of Companies What is EDI EDI is the process by which documents are transferred electronically in a paperless environment between two companies Such documents include invoices purchase orders quotations et al The transfer is usually done over a value added network integrated digital network bulletin board system and lastly a secure web based HTML site This process is becoming increasingly popular in and amongst organizations as there is a sense of ease of use and cost saving The Riordan Company anticipates that the EDI process will eliminate paper transactions the process of manually reordering materials manufacturing processes and warehousing stocking processes On the other hand electronic payments are desired and the use of electronic transmissions will be implemented thus minimizing errors and saving time Once the respective application and transporter is available data can be transferred at any given time The standard expenses that the Riordan Company incurred such as telephone calls stamp postages printing and shipping and handling will also be dramatically reduced by at least 90 History on EDI It has been over 30 years since the inception of the EDI process The first attempt was in the mid 60s when the retail industry tried to go paperless Although paper was not totally eliminated it cut back on the amount of time a paper process was completed Implementing this process reduced errors and increased efficiency Many organizations have even moved from the paper system to EDI with their customers and suppliers The EDI technology is increasingly changing how companies conduct business Organizations that utilize this technology are usually more responsive to their customers and stakeholders needs In most if not all cases the company will be ahead of the competition A majority of the business documents that are used in the organization by way of paper exchange can be supported by the EDI technology for example sending
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA