SUPPLY CHAIN MANAGEMENT
As well as speeding up buying and selling through EDI, companies need to be very responsive in producing and delivering their goods to customers, otherwise competitors will take their place. The process of managing everything from ordering raw materials to delivering the goods is known as Supply Chain Management.
Using Electronic Data Interchange and Electronic Funds Transfer, companies are able to automatically pay for new raw materials. An example would be so that they can respond quickly to customer orders.