____ systems use the Internet to automate and manage purchases and the vendors from which these purchases are made with the predominate technology being electronic data interchange (EDI).

Question

Quizplus · Accepted Answer

The systems that use the Internet to automate and manage purchases and vendors are known as Buy-side systems. The primary technology used in Buy-side systems is electronic data interchange (EDI). EDI ensures the secure and reliable exchange of data between the buyer and seller by creating a standardized format for data transmission. This simplifies the purchasing process, reduces errors, and makes it easier for companies to manage their suppliers. Buy-side systems are typically used by larger organizations to manage their procurement processes.

____ Systems Use the Internet to Automate and Manage Purchases