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Article: Towards paperless international trade: EDI and EDIFACT. (electronic data interchange; electronic data interchange and trade facilitation)(includes related article) (Industry Overview)
- Article from:
- International Trade Forum
- Article date:
- July 1, 1991
- Author:
CopyrightCOPYRIGHT 1991 International Trade Centre UNCTAD/GATT. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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How will you react when your major customer tells you, "Six months from now, we are going to penalize any suppliers from whom we receive paper invoices, order acknowledgements or price lists"? This will mean that, like a growing number of companies in Western Europe, North America, Asia and the Pacific region, your customer is now running his or her purchasing and payment system on the basis of electronic data interchange change (EDI). You therefore have no choice but to comply with this requirement if you want to avoid weakening your competitive position, and perhaps even losing a customer.
At the national level, governments that are not prompt in taking steps ...