With _____,suppliers,shippers,and the purchasing firm can communicate with each other with no time delay.

Question

Quizplus · Accepted Answer

An EDI (Electronic Data Interchange) system allows for real-time communication between suppliers, shippers, and the purchasing firm without any time delay. It is a digital exchange of business documents such as purchase orders, invoices, and shipping notifications. This helps to improve the efficiency and accuracy of the supply chain process. CAD (Computer-Aided Design), CAM (Computer-Aided Manufacturing), and JIT (Just-In-Time) systems are not specifically designed for communication between suppliers and shippers.

With _____,Suppliers,shippers,and the Purchasing Firm Can Communicate with Each Other