Alec Kassir Cozmozone: What is the Future of EDI?

Electronic Data Interchange (EDI), which promotes efficiency in business-to-business (B2B) transactions, has been a pillar in the constantly changing business environment. Future developments in formats, new technology, and the requirement for seamless integration will all influence EDI in the years to come, says Alec Kassir Cozmozone . Let's have a look to know more about the future of EDI. Alec Kassir Cozmozone: What is the Future of EDI? The Development of EDI: A Global Business Foundation Encouraging the interchange of required documents in business-to-business operations, EDI has grown to be a global corporate cornerstone over several decades. EDI continues to be a backbone similar to ERP systems, promoting frictionless trade, even in the face of new protocols, API-based connectivity, and Internet B2B. Fundamental EDI Transaction Types: Exchange's Building Blocks: A basic set of EDI transactions, including Purchase Orders, Ship Notices, Invoices, and Payments, have become...