|
EDI——Paper
Free Trade
What's EDI?
EDI Benefits
Features of Our EDI Network
Our Major Subscribers
Electronic Data Interchange (EDI) is a subset of Electronic Commerce
(EC) that is the computer-to-computer exchange of business information
in a standard format. EDI is a means for communicating various business
transactions that are currently communicated via paper, fax, phone
or person-to-person.
The following
characteristics demonstrate EDI's unique attributes:
- EDI is independent of trading
partners' internal computerized application systems.
- EDI interfaces with internal
application systems rather than being integrated with them.
- EDI is not limited by differences
in computer or communications equipment of trading companies.
EDI transmission typically involves the following process:

A. The sender assembles the data using its own business application
system
B. This data is translated into an EDI standard format (i.e.,
transaction set)
C. The transaction set is transmitted either through a value
added network (VAN) or directly to the receiver's EDI translation
system
D. The transaction set, in EDI standard format, is translated
into files that are usable by the receiver's business application
system
E. The files are processed using the receiver's business
application system
EDI Benefits:
The benefits of using EDI are being realized by an
increasing number of companies. Many transmit a substantial percentage
of their transaction volume via EDI.
One of the major goals in creating EDI was to reduce the great
volume of business paperwork and many of the clerical tasks involved
in processing paper documents. Substantial productivity improvements
and/or direct cost savings in company operations have resulted from
the use of this technology. Consider these EDI benefits:
|
Reduction of paperwork
|
- One-time data entry
- Reduced errors, improved
error detection
- On-line data storage
- Faster management reporting
- Automatic reconciliation
- Reduced clerical workload and phone chatter
- Higher productivity
without increasing staff
|
|
More timely communications
|
- Rapid exchange of business data
- Elimination of mail charges, courier services
- Reduced inventory safety stocks
- Improved production cycle
|
|
Standard communications
|
- Customers
- Suppliers
- Banks and financial institutions
|
Features of Our EDI Network:
- Hardware
Tandem Integrity S4000
- High reliability and fault-tolerance system, usually adopted
by large financial and banking institutions and securities
house
- A capacity of processing 75 thousand EDI documents per
hour, providing services for tens of thousand EDI subscribers
simultaneously
- Software
- EDI* Switch system software by GXS, designed for EDI switching
center
- Wide coverage of global seaports, harbors, shipment and
goods agencies and vast range of manufacturing industries
- Steady performance with a number of management functions
of tracing, searching and archiving
- International standards support: X.12 and EDIFACT
- Security
- Private VAN, safer compared with the open architecture of
Internet
- Access control and private protocol reduce the risk of being
attacked
- Encryption and digital signature bring more trade safety
to subscribers
- Backup the documents transferred between trading partners
during transaction, which can be the evidence in trade disputes.
Our Major Subscribers:
- Johnson’s (China) Ltd.
- P&G (China) Ltd. Guangzhou Branch
- Panasonic (Shanghai) Co. Ltd.
- Hualian supermarket and its suppliers
- Elektroskandia Logistics (Shanghai) Co., Ltd.
- Bank of China, Industry and Commerce Bank of China, Agriculture
Bank of China and other eleven commercial banks
- Shanghai Telecom, Shanghai Mobile Communication Co., Ltd.,
China Unicom
- DONGFENG – CITROËN Automobile Company. Ltd.
- LIZ Claiborne International Ltd. and it’s trade partners
- Maersk Logistics (China) Co., Ltd. Shanghai Branch
|