Glossary for EDI & Master Data Management

An electronic document used to request payment for goods or services provided.

A transaction used to transfer funds and provide details about payments.

A response to a transaction, indicating acceptance, rejection, or errors.

A forecast of demand or production schedules shared between suppliers and manufacturers.

An electronic catalog containing product details, pricing, and availability.

A document issued by a buyer to request goods or services from a supplier.

A transaction providing inventory movement, sales, and other product activity.

Confirmation from a supplier that an order has been received and processed.

A notification sent before shipment detailing contents, tracking, and delivery details.

A document sent by the buyer to request modifications to a previously issued purchase order.

A supplier’s response to confirm or reject requested changes.

A document tracking product movement from a seller to a buyer.

Instructions sent to a warehouse to ship products to a specified destination.

A document indicating that a stock transfer has been shipped from one warehouse to another.

Confirmation that a warehouse has received transferred stock.

Notification that an order has been shipped from the warehouse.

A report indicating changes in inventory due to discrepancies, damages, or adjustments.

A confirmation message indicating the receipt and status of an EDI transaction.

A type of RFID tag that has an internal battery to transmit signals.

Transactions between businesses, such as manufacturers and suppliers.

Transactions between businesses and individual consumers.

Transactions between businesses and government agencies.

The process of connecting EDI systems to internal enterprise applications like ERP.

A machine-readable representation of data used for product identification.

A legal document detailing the shipment of goods.

A system where all master data is managed in a central repository.

A method for identifying and tracking changes in data.

An EDI system hosted in the cloud for easy accessibility and scalability.

Ensuring that data follows established industry and company standards.

The process of combining multiple data sources into a single repository.

Merging customer data from multiple sources into a single, consistent record.

The process of identifying and correcting errors in data.

Combining data from multiple sources into a unified system.

Enhancing existing data by adding missing or relevant information.

A method that allows data from different sources to be accessed in real-time without replication.

Policies and procedures that ensure data quality, security, and compliance.

Combining data from various sources into a single view.

The process of transferring data between systems or storage formats.

Analyzing data to understand its structure, quality, and consistency.

The measure of how accurate, consistent, and complete data is.

The management and oversight of data to ensure its quality and consistency.

Ensuring that data remains consistent across multiple systems.

Converting data from one format to another.

A subset of EDIFACT used for EDI transactions in retail and distribution.

An international standard for EDI transactions.

The electronic exchange of business documents in a standardized format.

The digital transfer of money between financial institutions.

A method of securing data by converting it into an unreadable format.

Connecting enterprise applications for seamless data flow.

A software system that integrates core business processes.

A system that enables the consistent sharing of product data.

A unique identifier for businesses and physical locations.

A globally recognized product identifier.

The most accurate and complete version of a data record.

The process of connecting different systems and applications.

A set of rules governing the structure of EDI transactions.

A document requesting payment for goods or services.

A database containing details about all products a company manages.

The process of converting data between different EDI formats.

Foundational business data, such as product, customer, and supplier information.

The governance and management of master data to ensure accuracy and consistency.

Data that describes other data for classification and organization.

A contract defining the terms of data exchange between trading partners.

A document detailing the technical and business requirements of a trading partner.

A manual count of stock to verify accuracy.

A system for managing product-related information.

A system for centralizing and maintaining product data.

A document issued to suppliers requesting goods or services.

A technology that uses radio waves for product identification and tracking.

Data used to classify or categorize business data.

A centralized directory of data records.

A secure method for transferring data.

A contract defining service expectations between parties.

The management of goods and services as they move from suppliers to customers.

The structure and format rules used in data exchange.

A business entity that exchanges EDI documents with another organization.

A predefined structure for an EDI document.

A third-party provider that facilitates secure EDI transactions.

A software solution that helps manage warehouse operations, including inventory tracking, order fulfillment, and shipping. WMS integrates with EDI and ERP systems to streamline logistics and improve efficiency.

A cloud-based or browser-based Electronic Data Interchange system that allows companies to exchange business documents without needing on-premises EDI software. It provides a more accessible and cost-effective solution for small and medium-sized businesses.

A set of standardized protocols and tools that enable different applications to communicate over the internet. In the context of EDI and MDM, web services facilitate real-time data exchange and integration between systems.

A sequence of tasks or processes that are executed in a defined order to achieve a business outcome. In EDI and MDM, workflows automate data validation, approvals, and synchronization between systems.

A widely used EDI standard developed by ANSI (American National Standards Institute) that defines formats for business document exchange, such as invoices, purchase orders, and shipment notices.

A language used to define the structure and rules of XML documents. In EDI and MDM, XSD ensures that XML-based data exchanges conform to agreed-upon formats, improving data consistency and validation.