EDI: Concepts and Applications
EDI technology is generally credited with reducing paperwork and data transmission costs, improving data accuracy, reducing material inventories, and enhancing the planning of activities that depend on accurate, timely material shipping notifications. EDI can, therefore, play a significant role in achieving U.S. construction industry goals related to reducing project costs and improving project schedules.
EDI is a technology that permits direct computer-to-computer exchange of data in a standard format. EDI while common in some industries is not common in the EPC business.
EDI while common in some industries is not common in the EPC business.
The research provides an overview of EDI concepts and terminology and reports on the costs and benefits associated with the implementation efforts of two CII member companies. Recommendations for pilot project implementation and industry actions are also presented.
Some benefits can be derived from simple PC to PC based systems; however, maximum benefits are only possible when integrated by each participating entity into their existing systems. Also, a higher volume of transactions equates directly to higher cost savings. (RS20-1, p. 12)
