EDI is a key component to quick-response technology systems.

Question

Quizplus · Accepted Answer

EDI (Electronic Data Interchange) is a standardized process for exchanging electronic business documents between different trading partners. It plays a crucial role in facilitating quick and efficient communication and collaboration between suppliers, manufacturers, and retailers in a supply chain network. Thus, it is a key component of Quick-Response (QR) technology systems, which enables businesses to respond quickly to changes in demand and supply patterns.

EDI Is a Key Component to Quick-Response Technology Systems