Supply Chain Management

Category - Design and Improvement

___________ allows companies to place instantaneous, paperless purchase orders with suppliers/merchants.
  1. Electronic Data Interchange (EDI)
  2. Enterprise Resource Planning (ERP)
  3. Revenue Management
  4. Supply Chain Coordination
Explanation
Answer: A - Electronic Data Interchange (EDI) allows companies to place instantaneous, paperless purchase orders with suppliers. Electronic Data Interchange is not only efficient, but it also cuts the time needed to get products to customers, as transactions can occur more quickly and accurately than when they are paper-based.
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