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


 
[[Category:Cash_management]]
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.
 
 
==See also==
* [[Inventory]]
 
[[Category:Cash_Management]]

Revision as of 23:08, 11 November 2013

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.

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