Supply chain partners typically exchange documents such as purchase orders, requisitions and invoices. Most companies use non-e-business media like fax, FedEx, snail mail and even e-mail attachments. Some companies do this today with electronic document interchange (EDI). However, in the near future many companies are planning to transfer such business documents (as well as large data sets) tagged with extensible markup language (XML).
THE HURWITZ TAKE: Despite the rise of XML, EDI will not disappear anytime soon. EDI is a 20-year-old technology that is mature, well established and clearly defined as a standard. EDI will linger for decades, just as any valuable legacy investment would. It’s anticipated that in the emerging e-B2B world, XML and EDI will coexist peacefully.
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