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    How EDI makes trading faster

    November 6, 2022 /

    EDI is one example of a silent revolution. A technological change that enabled a massive shift in how organizations do business. The biggest benefit of using EDI, is the comparative increase in speed of transactions. There are several stages where the EDI implementation will show benefits in speed: Warehouse An EDI warehouse system will monitor reorder levels, current stock, price, and automatically issue orders based on incoming electronic documents. There is no need for human intervention, other than to physically collect and dispatch the inventory. In current systems, there are multiple copies of orders that need several approvals. Now that approval is electronic and often instant. Data entry For a…

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