Electronic Data Interchange

Glossary

Electronic Data Interchange

Glossary

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This is the business to business (b2b) flow of information between companies or within a company itself. The 90s saw the concept of information equaling power. Whatever creates power also generates money and therefore creates new enterprises to supply this information.

Electronic Data Interchange (EDI) is the automated computer-to-computer exchange of structured business transaction between an enterprise and its vendors, customers, or other trading partners in a standard format, with a minimum of human intervention.