Electronic Data Interchange (EDI) Standards and Specifications

Electronic Data Interchange Standards

Generally speaking, Electronic Data Interchange (EDI) is considered to be a technical representation of a business conversation between two entities, either internal or external. Note, there is a perception that “EDI” consists of the entire electronic data interchange paradigm, including the transmission, message flow, document format, and software used to interpret the documents. Electronic Data Interchange (EDI) is considered to describe the rigorously standardized format of electronic documents.

The Electronic Data Interchange standards were designed to be independent of communication and software technologies. EDI can be transmitted using any methodology agreed to by the sender and recipient.… Read the rest

Electronic Data Interchange (EDI)

Concept of Electronic Data Interchange (EDI)

Traditionally, the transfer   of data from one company   to another   has been by paper documents. This is known as a paper-based system. These documents have to be manually forwarded and entered to the destination computer.

Electronic Data Interchange (EDI) is the electronic exchange of standard business   information, in standard formats, between computers. EDI eliminates   the need   for a paper-based system by providing an electronic link between companies. This   reduces   data entry   tasks and improves   business cycle times.

Electronic Data Interchange (EDI) is the electronic transfer of structured   business documents in an organization   internally   among   groups of departments or externally   with its   suppliers, customers and subsidiaries.… Read the rest

Introduction to Knowledge Management Systems (KMS)

The aim of every organisation is to achieve its set goals and objectives as well as secure competitive advantage over its competitors. However, these cannot be achieved or actualized if staff or workers act independently and do not share ideas. Today, prominent businesses are becoming more aware that the knowledge of their employees is one of their primary assets. Sometimes organisational decisions cannot be effectively made with information alone; there is need for knowledge application. An effective knowledge management system can give a company the competitive edge it needs to be successful, and, for that reason, knowledge management projects should be high priority.… Read the rest

E-Business Models

The term E-business (electronic business) is similar to terms like e-mail, e-commerce, helping not only in buying, selling but also in servicing customers and collaborating with business partners. Today, major corporations are rethinking their businesses in terms of the internet and its new culture and capabilities. Companies are using web to buy parts and supplies from other companies, to collaborate on sales promotions, and to do joint research. Exploiting the convenience, availability, and world-wide reach of the Internet, many companies, have discovered how to use the Internet in a better way.

After the first wave of e-business, ‘bricks and clicks’ businesses — those with both a traditional and e-commerce approach — find that, while they already have sound financial resources, they, too, must find the right e-business model(s) for generating profitable revenue streams from the Internet.… Read the rest

CASE (Computer Aided Software Engineering) Tools

CASE is an acronym for computer Aided Engineering. This involves using software packages to accomplish and automate many of the activities of the information system development including software development or programming.

Building Blocks

Computer Aided Software Engineering can be a single tool that supports a specific Software Engineering activity to complex environment that encompasses tools, a data of people, hardware, network operating system standards and other components i.e. environment architecture composed of hardware platform and operating system support lays the ground work for CASE. But the CASE environment itself needs other building blocks. A set of portability services provides a bridge between CASE tools and their integration framework and the environment architecture.… Read the rest

Strategic Issues in Managing Technology

Due to increased competition and accelerated product development cycles, innovation and the management of technology is becoming crucial to corporate success. The importance of technology and innovation must be emphasized by people at the very top and reinforced by people throughout the corporation. Management has an obligation to not only encourage new product development, but also to develop a system to ensure that technology is being used most effectively with the consumer in mind.

External Scanning: Corporations need to continually scan their external societal and task environments for new developments in technology that may have some application to their current or potential products, Stakeholders, especially customers, can be important participant in the new product development process.… Read the rest