Evaluated receipts settlement

From ACT Wiki
Revision as of 09:56, 30 October 2013 by imported>Doug Williamson (Put acronym at beginning of term explanation and added spacing and see also - 30/10/13)
Jump to navigationJump to search

(ERS).


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