A _____ is used to report a supplier's performance on key performance indicators.

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22-08-2022
Business

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A _____ is used to report a supplier's performance on key performance indicators.

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Tutorconsortium319 Tutorconsortium319 · Answer 1 · 2022-08-25T15:30:06+02:00

An electronic data interchange is used to report on a supplier's performance on key performance indicators.

What does the Supply Chain Definition of EDI Mean?

The computer-to-computer exchange of business documents between trading partners is known as electronic data interchange (EDI).

In a supply chain, what function does electronic data interchange, or EDI, play?

Due to the fact that timely procedures have gotten considerably speedier and more simplified thanks to EDI, speed is enabled and overall business movement is improved. Trading partners can complete supply chain EDI transactions more quickly and in larger volumes, which speeds up payments and enhances cash flow.

Why is EDI important?

Diversity and inclusion in the workplace can increase productivity, innovation, teamwork, safety, and financial gains. Simply said, if you have more diverse types of minds working within your business and they feel encouraged, you may draw from a greater range of abilities, experiences, opinions, and ideas.

Learn more about electronic data interchange: https://brainly.com/question/28116151

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