Evaluated receipts settlement: Difference between revisions
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imported>Doug Williamson m (Changed brackets around ERS to establish internal link 18/10/13) |
imported>Doug Williamson m (Put acronym at beginning of term explanation and added spacing and see also - 30/10/13) |
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Evaluated receipts settlement | (ERS). | ||
Evaluated receipts settlement is the EDI process when a restocking message is automatically generated when inventory is sold and reaches a predetermined low threshold. | |||
A payment is automatically generated based on the receipts which are captured by reading the barcode on the delivered cartons. | |||
It is used in e-commerce to improve working capital management. | |||
==See also== | |||
* [[Inventory]] | |||
[[Category:Cash_Management]] | [[Category:Cash_Management]] | ||
Revision as of 09:56, 30 October 2013
(ERS).
Evaluated receipts settlement is the EDI process when a restocking message is automatically generated when inventory is sold and reaches a predetermined low threshold.
A payment is automatically generated based on the receipts which are captured by reading the barcode on the delivered cartons.
It is used in e-commerce to improve working capital management.
