Evaluated receipts settlement and Fair trade: Difference between pages

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imported>Doug Williamson
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Evaluated receipts settlement (ERS) is the EDI process when a restocking message is automatically generated, when inventory is sold and reaches a predetermined low threshold. 
''International trade''


It is used in e-commerce to improve working capital management.
Fair trade aims to establish minimum economic, social and environmental standards for relatively disadvantaged producers.


Fair trade certification, labelling and pricing results in higher consumer prices for 'fair trade' (or ''fairtrade'') products in wealthier countries, the fair trade premium being allocated for the betterment of conditions in the producers' communities.




==See also==
*[[CSR]]
* [[Environmental profit and loss]]
* [[Fair market]]
*[[Free trade]]
*[[Greenium]]
*[[NGO]]
*[[Sustainability]]
*[[Trade]]
*[[World Trade Organization]]


== See also ==
[[Category:Ethics]]
* [[e-commerce]]
[[Category:Trade_finance]]
* [[EDI]]
* [[Electronic commerce]]
* [[Inventory management]]
* [[Working capital]]
 
[[Category:Cash_management]]

Revision as of 15:32, 24 February 2022

International trade

Fair trade aims to establish minimum economic, social and environmental standards for relatively disadvantaged producers.

Fair trade certification, labelling and pricing results in higher consumer prices for 'fair trade' (or fairtrade) products in wealthier countries, the fair trade premium being allocated for the betterment of conditions in the producers' communities.


See also