Question

Purchase data collected at the point of sale are stored in

a. RFID tags.
b. data warehouses.
c. ASN documents.
d. electronic data interchanges.
e. JIT inventory management systems.

Answer 1

The correct answer is d. Electronic data interchanges (EDI). EDI refers to the structured transmission of data between organizations, using a standardized format. It allows for the seamless exchange of business documents, such as purchase orders, invoices, and inventory data, electronically.

Step-by-step explanation:

The correct answer is d. Electronic data interchanges (EDI).

Purchase data collected at the point of sale are stored in electronic data interchanges (EDI). EDI refers to the structured transmission of data between organizations, using a standardized format. It allows for the seamless exchange of business documents, such as purchase orders, invoices, and inventory data, electronically.

EDI systems are commonly used in supply chain management to streamline and automate the exchange of data between trading partners. By using EDI, businesses can improve efficiency, reduce errors, and enhance inventory management.