EDI Transactions Tell Your Fortune
- Friday, 26 November 2010
- EDI
EDI produces a lot of data. Of course that's no shock to anyone looking at their VAN bill, but when you consider the volume of transactions and the number or companies involved, it would seem that there is a wealth of data in those transactions. The data now covers (depending on the trading partners) every aspect of the order process, from initial P.O. to final payment, with plenty of status updates along the way. So, what can be learned from all the data? It turns out that when looked at as an aggregate and put through the right analytical processes, there's plenty to be learned - and predicted.
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