Question

Walmart and procter & gamble effectively implemented ________, which allowed for information to flow directly from walmart's store to procter & gamble's production facilities. this streamlined production as well as distribution, thus reducing costs and getting products to walmart's customers sooner.

Answer 1

Walmart and Procter & Gamble effectively implemented electronic data interchange, which allowed for information to flow directly from Walmart's store to Procter & Gamble's production facilities. this streamlined production as well as distribution, thus reducing costs and getting products to Walmart's customers sooner. Electronic data interchange (EDI) is a concept which includes communicating of business information using a standardized format. EDI  allows one company to send information to another company electronically rather than with paper.