An electronic bridge between partner companies in a supply chain that is used to transmit real-time information about orders, inventories, invoices, and other data is called ________.
A) electronic markets
B) financial networks
C) dot-com markets
D) electronic data interchange

Question

Quizplus · Accepted Answer

Electronic data interchange (EDI) is a system that allows for the electronic exchange of business documents such as orders, invoices, and shipping notices between trading partners in a supply chain. It enables real-time information sharing and improves supply chain efficiency by reducing errors, costs, and delays associated with manual processes. Electronic markets, financial networks, and dot-com markets are related terms but do not specifically refer to the electronic bridge between partner companies in a supply chain.

An Electronic Bridge Between Partner Companies in a Supply Chain