Keyword

EDI technology, electronic documents, information systems, retail efficiency, transmission

Abstract

India has already proven its mettle as a superpower in the arena of information technology. The retail industry offers to bloom to the same level of conducive environment and support is provided to it. ‘Retail is detail’ is the mantra and without effective use of IT, managing a successful retail enterprise could be quite impossible. Retailers and their vendors are now able to transfer data between themselves through the use of Electronic Data Interchange technology. This article divulges the significance and applications of EDI technology from management perspective that facilitates almost paperless transactions with high levels of efficiency in retail industry


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