How Retail Companies Use EDI Integration & what are Common Retail EDI Transactions
Electronic Data Interchange (EDI) is the best solution for automating b2b data interchange for retail and business partners. Many retailers leverage EDI solutions to automate their business processes and make their supply chains flow more smoothly. EDI means the electronic exchange of business documents, such as orders, delivery slips and invoices. Many retail companies like Walmart And amazon from grocery sector, telecommunications, healthcare etc. have implemented EDI systems and are asking suppliers to become EDI capable in order to strengthen business processes, maintain inventory levels and improve payment cycles. Supplier will need software and hardware for communication as well as EDI translation for Walmart EDI or Amazon EDI Testing.
Common Retail EDI Transactions
Following are some common retail EDI transactions both for large and small companies
EDI 879 Price Information: The 879 X12 EDI transaction set is an electronic version of a paper price information document. It can be used by the supplier, manufacture, agent or broker to provide the trading partner with pricing information. It is sent by a trading partner to another when pricing information is required or requested.
EDI 861 Receiving Advice/Acceptance Certificate: The EDI 861 X12 EDI transaction set an electronic version of a paper Receiving Advice/Acceptance Certificate document. It is used to report the receipt of shipments or as a formal acceptance of returned defective items. The 861 EDI document is used by a business receiving a shipment, and is sent upon receipt of the shipment.
EDI 864 Text Message: The EDI 864 X12 EDI transaction set an electronic version of a paper Text Message. It is used to transmit various text information messages, explanations, contracts, regulations, notes etc. to third parties. The 864 EDI document is sent by any business needing to transmit a text message.
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