Evaluated receipts settlement: Difference between revisions

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imported>Doug Williamson
m (Put acronym at beginning of term explanation and added spacing and see also - 30/10/13)
imported>Doug Williamson
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(ERS).
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.
 
 
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.
It is used in e-commerce to improve working capital management.




==See also==
== See also ==
* [[Inventory]]
* [[e-commerce]]
* [[Electronic data interchange]]  (EDI)
* [[Electronic commerce]]
* [[Inventory management]]
* [[Settlement]]
* [[Working capital]]


[[Category:Cash_Management]]
[[Category:Cash_management]]

Latest revision as of 22:08, 7 July 2022

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.

It is used in e-commerce to improve working capital management.


See also