E-Commerce Provides Key to Lower Business Costs 3375 Scott Blvd. When a leading market research organization forms a separate group to track the growth of an industry, you know they're expecting big things to happen.
Industry analysts are optimistic about electronic commerce for two reasons.
First, it is delivering on its promise to lower costs, reduce order processing time and improve information flow. Second, the tremendous growth in Internet trading since just last year reflects an increased confidence in the security and reliability that can now be built into Internet access. By this definition, organizations that are currently using the Internet for their marketing activities, collaboration and competitor research are already using E-commerce tools. EDI provides a set of computerized forms that automate common business transactions such as purchase orders, invoices, shipping notices and requests for proposals. Internet EDI offers a cost-effective alternative to traditional EDI without the need for private networks.